"fee grift"
who's grifting?
is it "grifting" when someone holding monero buys Bitcoin with it?
Discussion
Hi again Kansan,
It’s unneeded friction when Bitcoin already solved money and instant transactions. Therefore promoting it just takes away focus from the superior form of savings and creates fees for no reason
well its not fungibile, generally considered one of the properties of money.
so how can it be money?
its privacy problems largely come back to that.
and frankly no serious person looks at a 15 year history,
particularly of a brand new asset class,
and calls something a definitive SoV.
certainly not "the world's definive" SoV.
at the moment,
its a well performing speculative investment.
you and I believe its an SoV
and believe it could be money, because we believe in the fundamentals.
but thats different than a established SoV.
so
I'd say no.
saying it "solved money" is a statement of faith and not established fact.
likewise with "superior form of saving"
Sell your bitcoin, be my guest, I’ll buy it every single time and zap it to my friends, family, and church for free so they can enjoy the benefits of the only verifiably scarce asset backed by Proof of Work.
May the best SoV win.
yeah.
thats not a response to the points i made.
🙏
Guess I’ll go eat my 2017 dogma sandwich. 🥪
May the best money win.
Achieving proper privacy on Lightning has much more friction than Monero