Nostr Web Client

Unstoppable swap is unidirectional, I would like to use monero with maxis, while still maintaining my SOV in bitcoin. I don't see adoption of monero for zaps here happening anytime soon, so paying for something like dvm usage isn't going to work.

You see my predicament? I used to stack about 50/50 monero and bitcoin, however if you compare them as a SOV, bitcoin way outperforms. I like to think of bitcoin how the boomers think of their homes. I like to think of monero how maxis think of lightning and layer2, but the ecosystem just isn't there. I can't go buy beef or lamb for XMR, so I started a farm myself to do it.

Maybe I'm wrong because I've been out of the monero loop for a while.

Saberhagen The Nameless 2y ago

Yes, I hear you, it is unidirectional unfortunately. Gotta wait for DEXs like Haveno or Serai. You can use something like Trocador in the meanwhile. That's how I do it and don't have any problems swapping in or out of any crypto and pay next to nothing. I think it would be more economically rational to accept most crypto as payment and convert them all to Bitcoin (or whatever) and you could still be Bitcoin-only.

Outside of DNMs, Monero is definitely more niche atm. Do you know about Monerica and MoneroMarket? There is also XMRBazaar. Not out yet, but should be soon.

monerica.com

moneromarket.io

As for nostr zaps for Monero, looks like AnarkioCrypto is going to start working on the bounty for it sometime next month.

https://bounties.monero.social/posts/94/20-991m-nostr-client-for-monero

Bitcoin as a SoV does hold true so far so understand the pragmatism for using it as a long term savings. But performance highly dependent on when the Monero was acquired. Holding Monero short to medium term (weeks to months and even years) could go either way. Both are volatile on those scales. For example, if you held Monero from start of 2021 until now you would be pretty much even if you had held Bitcoin instead. All of 2022 Monero more than doubled Bitcoins performance. Monero seems to generally do better during bear markets. Shouldn't be a concern on shorter time scales especially if one is just using modest amounts as cash imo.

Humble recommendation. You say you started a farm to sell meat for Monero? Get in contact with Doug Tuman to get on Gratuitas! @DouglasTuman on Twitter, podcast host of MoneroTalk/Monerotopia. You'll have a wider reach. There are a few vendors there already that are Bitcoin/Monero people (Beisnerd sells maple syrup, and AUPA bar duo sells pemmican bars). I buy from Gratuitas all the time.

gratuitas.org

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Discussion

AU9913 2y ago

I'll try to get in touch with them to discuss the farm when the winter let's up, this harsh weather has been fucking with my anxiety.

But I don't think it's prudent to try to use when you aquired an asset to prove it's SOV capability and talk about weeks and month time frame at the same time. SOV is not something people care about on a 5 year time frame, 30 years to an entire generation and beyond is what SOV means. I know bitcoin hasn't been around for multiple decades so that is yet to be proven, but what you were talking about would be how you discuss an investment, not a SOV.

Saberhagen The Nameless 2y ago

No kidding this winter weather has been brutal. But you really should get in touch with Gratuitas when you can. You are exactly the type of vendor they would love to have. Decentralized producers from all around. Seems like a perfect match to me at least.

I see. Maybe I have my terms mixed up. All I know is many aspects of Monero are more conducive to a digital cash than Bitcoin. If one doesn't care about the combination of sovereignty, privacy, and very cheap transactions I can see how it might not be as appealing. But your grievances about its relatively smaller adoption and niche uses are fair. I'm not a maxi either though. I think people should just use whatever tools they personally find useful.