I have much to learn about #Monero but this sounds so genius when reading it 🤩 nostr:note1t45278qn4a7fr2j8w2rn0dq5cver960z5rn322xte0mjelf9d4uqpzx5v2
Discussion
"save in Bitcoin, spend in Monero"
is a perfectly sensible approach.
The only comment I would make is,
you don't want to just be moving into Monero just when you need to spend. It makes you vulnerable to timing analysis of the exchanges.
It's better to keep a stack that you top up occasionally.
Yeah that’s definitely what I’d plan to do. Gonna use 0xChat to DM you at some point today or tomorrow, I have a few Monero questions lol
#bitcoin only. Everything else is a shitecoin.
Yeah, I had that same opinion, and still do but with an asterisk now. Bitcoin only (with Monero as exception).
The fact that it’s getting delisted is peaking my interest.
Read this:
No thanks. 🙂↔️ I know my #truth
#Bitcoin only. There is no exception.
I respect the opinion but you shouldn’t be willfully ignorant on Monero specifically. It is ultimate privacy. Bitcoin would’ve been even better if it had the privacy aspect that Monero has
What may be applicable to some isn’t necessarily appropriate to all. That’s understandable.
Not it would be just Monero when it would have these aspects. It is perfectly good, that Bitcoin exists parallel to Monero. Like this people who appriciate privacy use Monero and people who want the crypto with most prooven algorythm, that one does not loose its coins, stores his coins on Bitcoin.
I am rather for privacy and even newer coins like #solana, since they seem to have solutions to scalability, energyefficiency, smartcontracts, dapps and so. Therefore for me it is more intresting then the oldes cryptocurrency.
I respectfully disagree, I think adoption would be harder if it was private. Bitcoin you can verify, if it was private you would have to trust.
Bitcoin White Paper 10. Privacy, "The traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third party. The necessity to announce all transactions publicly precludes this method, but privacy can still be maintained by breaking the flow of information in another place: by keeping public keys anonymous. The public can see that someone is sending an amount to someone else, but without information linking the transaction to anyone. This is similar to the level of information released by stock exchanges, where the time and size of individual trades, the "tape", is made public, but without telling who the parties were."
Interesting, those are some good points. So what role does Monero play in all of this? Can you be more specific than the other post I had commented on? I am just trying to learn a lot more about it and would like your view
I am the same, but the technology and PoW interests me. Like I said in another post, cash works fine for day to day purchases for now. But who knows about the future?
Gold and silver - You hide one thing and pay with another
I like how you think
Everyone always likes nostr:npub1zfq959kmy79khp6kpfgqnn0r33r58gvxj83v2k6sws9vptpz8t3qm60p5h
We play our parts … perfectly balanced
So no comment👀🥶
Wasn’t this comment enough long ago?
#SHEROSE #FollowMe* #SheWill #Balance #Scales #AGain for #humanity
#WTF 🧶 Coins 🪙 🪙
Sew 🧵 on
Thread 🪡 Needle 🪡
#Heal needle 💉
#Always all ways
#Omni
Let’s go
#Love Leads TW*.
Mainly on #Nostr now cause
#freedom #technology
#Universal 💜🫂
What do you want from me? I’m never going to force myself on anyone because my value is far above that noise. 🤣💁🏻♀️🫡
This is correct, but certain parts of the world haven't figured this out yet. Also the political landscape might require alternative PoW protocols to secure privacy. In Japan cash still works for privacy, but I would never save in cash or a shitcoin. And yes I have been criticized for my SoV standpoint, but that is bitcoin for me until I can use it as a UoA.