How will bitcoin solve privacy when the base layer keeps leaking info?
Network effect is solvable. Easy. Myspace was overtaken by Facebook.
Bitcoin is breaking in two: kyc land and black listed land. The rift is growing every day.
Discussion
The network effect is not solved when you have a shitcoin like Monero with a decentralization problem due to its dynamic block size.
You should read more about the blockchain trilemma and why layer 2 solutions.
Ah.. A shitcoin, eh.
Have fun running your full node on a raspi when you can't afford a single transaction.
Storage is cheap, bandwidth is improving. Block size limit was introduced to reduce spam at the time and not meant to be there forever. Dynamic blocks are an elegant solution.
Bitcoin will become custodial with lightning. Cuz... Who will actually run their own node. So is that decentralized?
If Monero has a large adoption only large service providers will be able to run the nodes, unfortunately I see you don't have the right knowledge to understand it, don't waste my time anymore.
You must have done a lot of research to claim these things. I bought a 4TB drive for a 100 bucks on black Friday.
Monero will continue to grow. Don't want to use it? You don't have to. That's the beauty of the free market.
So go pay for your btc tx and send lightning tx to custodians. Whatever floats your boat. And then go kyc or be fenced off lol.
Monero is the true underground coin. They can ban it, but they can't prove you used it.
Lightning requires a 24/7 server to be good UI/UX, so it will be dominated by custodians and never fully sovereign for the masses.
Once the Gov starts requiring all large entities to KYC lightning channel openings the Lightning network as a sovereign entity will die.
Yeah, having a mini PC running at home is basically rocket science only to be performed by the most skilled of hackermans. Lol
oh come on
last time it was
"ring signatures cause inflation bugs"
now its
"dynamic blocks make it centralizes?"
go back to school son