With #Bitcoin in a class of its own; no second best, I present this.
Cash is king, they say.
#Monero is money, P2P cash
Therefore,
Monero is King.
Discussion
So #Bitcoin will be our SoV and Monero (pegged to #Btc?) will be what we use for everyday transactions?
What about for things like governments buying and selling oil and major real estate deals? Would we still use Monero? #askRex
This is a fair argument, although I don't know why people would store their wealth in monero instead of bitcoin.
I can't also grasp how monero is supposed to scale globally onchain...imagine 2B people using it: would that be even possible without centralizing too much the consensus aka the block storage and validation?
Can you point to some monero-related resources that discuss this matter?
To me it seems that monero and other privacy coins are somehow interesting playgrounds, but would suffer of exactly the same scalability problems of bitcoin if adopted widely.
https://monero.garden/ is written by nostrich nostr:nprofile1qqsgdtejeuhys8ucl7gc3j8v4t04959kvqdvptpq06zuwjkrc6l0x4spzamhxue69uhkzarvv9ejumn0wd68ytnvv9hxgtcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qgswaehxw309ahx7tnnw3ezucmj9ug8fu5s it's an interesting and entertaining read
only if sidechains