Just a thought…
Low liquidity and delisting risk = censorable
Uncensorable > Private
Discussion
Delisting Monero from CEXs makes it more private by pushing users toward decentralized alternatives and the network remains fully functional and private.
And its price, reach, and ubiquity in private txns all the more impressive
I understand hating memecoins, NFTs, etc.
I dont understand hating privacy tokens with actual users who rarely have ambition to get rich or for NGU.
But there is real animosity from bitcoiners at xmr, and its a bad, scarce look.
Maybe i missed something from the past and monero started with some shitcoining bros....but i dont see it.
Ive only ever came across monero convos on nostr. In those instances, price is never discussed, the protocol is.
Even still, What keeps me from engaging more with monero is i have only begun understanding and using the bitcoin and lightning protocols.
Bitcoin is my favorite and i want to know it better.
Isn’t a bitcoin layer two such as Cashu a good solution for private transactions?
(I admit to not having the deepest understanding of how Cashu works yet, still learning about it.)
But in general, why can’t layer two provide privacy instead of changing how the base layer works?
It's a good solution for private transactions but you give up self custody.
Yep. Nothing is going to pass bitcoin at this point and privacy technology can be introduced via 2 layer options ecash, cashu lightning etc
There are just too many alt coin alternatives for any to gain mainstream adoption. Id wager a 100,000 sats on it that monero never goes away but never gains any substantial market share on bitcoin either.
🧡🍻👊🏻
Do you have a preferred platform for non KYC bitcoin?
The only issue is p2p transactions. Either do it in person (or by mail), in cash, or you have to use some kyc shit to send or receive the fiat. When you don't live in the city is hard to find someone to transact. When you do, you can get knifed
i like monero, i use it and have taken the time to figure out how to run a node and mine to that node ( truly impressive user experience compared to the equivalent in btc).
but, since i dont need anything near an 'enemy of the state' level privacy..its just easier to use lightning for now since its more accepted. but im ready to flow in between the two dynamically when the need arises 🤙
The tool of choice is holding my own keys
at the end of the day its about freedom from goons wanting to freeze or seize my cheese
Really well educated response, I'd believe the same if I lived in El Salvador or somewhere with strong btc adoption I guess but for digital products I end up seeing the same adoption from LN as XMR equally so I always prefer using XMR, but can also move dynamically as needed
Yes. And at the same time Privacy is critical for freedom and protected rights. Need both Privacy and Uncensorable. Hence the ticking clock. Just need wallets to build in all privacy tools available.