This sounds exactly like what media and tradfi were saying about Bitcoin in it's niche darknet market days.
Now Monero owns those markets.
Monero delisted from most exchanges.
Europe now banning privacy coins.
3,520 BTC hacker immediately ran to Monero.
Tom Woods, Tucker Carlson, Alex Jones, Dan Bilzerian talking about Monero.
Monero notoriety just continues to grow.
Streisand effect really is a bitch. I wouldn't be so quick to count that out.
So your counter-argument to Monero being niche is that it has solidified in niche markets?
"Bigger than ever" and yet a pimple on an ant's ass in volume and market compared to Bitcoin, which can be used in a more private way than Monero with LN.
I really am trying to help people see that there is no growth against the king coming.
No, my counter argument is it's being used in one of the most adversarial environments and free markets on the planet. Every white market transaction is permissioned - which goes against the entire point of Bitcoin.
And the irony that you're parroting the same thing as legacy media and tradfi did about Bitcoin.
How much of that almighty volume is made through permissioned white market exchanges and kept there? Sounds like tradfi with extra steps.
LN is cool for smaller transactions, but how much volume can it do? Even if the hacker did everything properly to remain private on LN, it wouldn't be possible to push that much money into it on any sane timescale. And even if you somehow could, you wouldn't want to hold that much money on Lightning anyway.
this is the definition of niche loserism syndrome and I hope you find your cure before it’s too late.
go live as an outcast of society! you will be so free!
the rest of us will keep living like normal human beings who like to network and have trust, transparency, and the option of privacy by default if we choose.
You act like the average joe is actively using or thinking about Bitcoin in their daily lives 😂
Vast majority of the world prefers using stablecoins over Bitcoin.
We're all in a bubble here buddy it's just a matter of how niche (and the relevancy of that niche towards its value prop)
Bitcoin is a top ten asset globally, more valuable than JP Morgan and Visa combined.
Try again!
And how much of that is non-custodial and not on permissioned markets? Irrelevant for Bitcoins value prop.
You do not understand bitcoin's value prop.
and here we have a perfect specimen of a clueless bitcoin maxi who excuses custodial usage because he thinks it's the path to riches
the first rule of bitcoin used to be "not your keys, not your coins." then it got scratched off and became "never sell your bitcoin." these people are the reason why.
May his gold chains rest lightly upon him
"Bitcoin is designed to operate without permission from any authority. Its value proposition is entirely based on this property."
https://github.com/libbitcoin/libbitcoin-system/wiki/Permissionless-Principle
😂 libbitcoin
Odd. I see deflection, but don't see you refuting the claim. Maybe it's because you can't.
