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My reaction is on your 42 coin.
Discussion
In other words the supply of a coin isnt all that matters
A coin can have less supply, but still be absolute garbage
Supply matters, but trusting a founder or founders to not expand the supply is stupid. With bitcoin and monero you have a decentralized network of nodes that will not shoot in his own feet with changing the code to expand the supply more than the code tells now. I believe can not invent scarcity twice. The good things of monero could be build on top bitcoin.
"The good things of monero could be build on top bitcoin."
Patiently waiting 🕑💀
For onchain transactions it will probably not happen in a big way. On second layer it is in progress, lightning and cashu.
Cashu is custodial, Monero is not
Lightning is a UX nightmare for sovereign users, Monero is not
Not anywhere close to full replacements
I agree that the UX for lightning is not great as sovereign user at this moment but manageable. It definitely progressed a lot last year. Cashu is indeed custodial so in full trustless network it doesn’t work.
Just a question out of curiousity are there any trustless swaps between bitcoin and monero build now?
Where are now the main fiat ramps for monero?
I use both lightning and Cashu. Each has unique advantages and disadvantages, so I can't call them a replacement for the others.
Yes, trustless swaps:
Coming Soon:
https://github.com/decred/dcrdex
No-KYC fiat ramps:
Kraken, KuCoin, HodlHodl are centralized fiat ramps - KYC obviously
Do you know if this uses COMIT for Bitcoin to Monero swaps?
Unstoppable (and the new Feather plugin) both use COMIT
Yes, and BasicSwapDEX uses https://github.com/h4sh3d/xmr-btc-atomic-swap
Not sure how Serai and Decred are going to do it
#haveno and DFX.swiss or Onramper via nostr:npub1j9qyxka5lck4tw50v7qfrs6gdwczz5ydt7ugqy6nhuva9p6dpy5q8rs2yg
Havnt tried it myself but there is https://unstoppableswap.net/