yeah that's why I put it at the bottom of the list but if you own land and occupy it with weapons and machinery to make weapons at any time. it'd be harder to confiscate it in some type of dragnet. still less ownership then btc. I'd say monero gives you the strongest ownership. with btc if you have kyc or are linked to your wallet somehow they can just put you in jail until you give up your keys. with monero it's hard to even prove you own something.
Discussion
What’s the point of holding monero if you can’t really buy anything with it? You typically have to convert to fiat first so why not just convert the money that appreciates more?
"cant really buy anything with it"
The essential things like gas, rent, and food have to be converted to fiat first. Just like with Bitcoin. So why not just hold bitcoin? You can also pay for all these things with lightning non kyc. Tradeoff is less purchasing power. Math isn’t adding up.
food can be bought with monero. rent can as well if your location independent. there was a house for sale in Argentina and Japan on xmrbazaar recently. you could use a proxy shopper to pay your rent. gas would have to be bought via giftcards.
And you can’t do that with bitcoin?
not that you can't it's that the market for people willing to do these trades in btc/lightning is smaller. in BTC giftcards are covered. I have yet to see any listings for a proxy shopper in BTC. there are some people selling food for btc though not as many as on xmrbazaar. I have yet to see houses for sale in BTC i have seen one rental option. the main difference is that monero is private and your able to not worry about the tax implications or the downstream usage of the UTXO's. lightning you could say mitigates some of this but then your most likely relying on a custodial solution. the HODL culture is also antithetical to using BTC as money.
it's just a smoother and safer pipeline to get the average normie to download cake wallet get some xmr and start transacting privately then trying to get that same normie to trust (or run) and understand a lightning solution and do the same
So your opinion is that monero is better than bitcoin at converting to fiat?
no bitcoin has larger daily liquidity than monero. my opinion is that monero has a larger P2P marketplace.
Do you have any evidence for this because I see much more activity on the blockchain and second layers than all of monero
my conclusions have been drawn from trying to exclusively use bitcoin and then seeing all the things available for monero. only anecdotal and experiential really.
But you can’t exclusively use monero either and the little things you have to use with monero, like gift cards, can easily be used with bitcoin too. So why use monero if bitcoin can do the same thing AND grow your purchasing power? You can swap your bitcoin for gift cards and other things like that too. What’s the primary benefit of using monero? Privacy? Use non kyc lightning.
I do have bitcoin because of the network effect and consistent store of value. having used lightning (your glossing over all custodial problems with it) and monero both, monero is just 10x easier for private payments. I'm not really a giftcard user. I generally use monero for p2p purchases. I'm not sure how often you use crypto for p2p purchases? I think if you compare your own experience after using both you'll come to similar conclusions.
So you prefer the privacy convenience of monero to the extra privacy steps needed for bitcoin. But the lost gains in purchasing power when holding monero is the real price you pay for “convenience.”
you keep pretending you can do the same things on Bitcoin that you can do on Monero.
of course,
you refuse to show any receipts so...
I would say it's not that black and white as npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxa is alluding too. I am willing to forgo potential gains to support monero as a project on principle yes. That also comes with the potential of monero out pacing bitcoin in relative percentage gain even if it never exceeds bitcoins marketcap. historically a bad bet but it's primarily a decision of principle.
http://xmrcards7pb5dnj5dfbnueigmzwgujwlo5zhd6f3vnlhay6qlbd3dzid.onion/
The power lies within P2P transaction. In the meanwhile this gets you almost anything as private as it gets.
This doesn’t open but it looks like it’s a marketplace for gift cards. So you’re just holding monero as an inferior store of value until you swap for fiat credits.