Nostr Web Client

I'm not talking about scarcity, I'm talking about absolute mathematical scarcity.

Never said #LN is perfect but sender's privacy is on par with that shirtcoin of yours. And no, it doesn't have a perfect privacy neither.

Do you exclusively hold only XMR?

Saberhagen The Nameless 2y ago

Doesn't matter. If demand changes the price can drop and we can't control that. 15 years is not a lot of time. Things change. The future is uncertain. Peoples desires are fickle. Price prediction is always speculation.

LN needs more than just sender privacy. Yes, Monero doesn't have perfect privacy either, but it's more well-rounded and specialized than Lightning (sender obfuscation, completely hidden amounts and addresses, network level privacy via dandelion) and all simply by default.

You already know I don't. Difference is I don't take Bitcoin as some inevitable mathematical law of the universe. I know I'm speculating and I know I could be wrong. And I know it's properties aren't ideal for the original goal of digital cash.

Use whatever you feel is best and I'll do the same. We probably agree on 99% of things just not about LN.

Reply to this note

Please Login to reply.

Discussion

Secretary Janet Yellen 2y ago

Exactly. Like every other shirtcoin shill out there, you own #Bitcoin because deep down you know if some other coin become "the one", there will be mayhem and another coin will soon replace it. And then another... and the governments will again, become the only stable island for the majority.

Every single shirtcoin out there needs Bitcoin. Not the other way round.

Saberhagen The Nameless 2y ago

Like I said, just because I speculate (betting) Bitcoin will do well as a digital asset in the near term, isn't me saying it is a good digital cash (no privacy, not fungible, expensive to transact). It's no surprise we don't agree if you can't understand these simple differences and separate them in your mind.

You're also mistaken in equating the LN network (which was the original subject that *you* brought up! Not me!) with Bitcoin (on chain). So whatever criticisms I have about the LN network are not the same criticisms I have about Bitcoin.

Secretary Janet Yellen 2y ago

You're betting on random shirtcoins they do well while holding #Bitcoin. FTFY

Saberhagen The Nameless 2y ago

Bitcoins price can climb to 1 trillion and it still wont make it private, cheap, or fungible FTFY

Clearer?

Secretary Janet Yellen 2y ago

Monero price can climb to 1 trillion and it still will be a shirtcoin like the rest FTFY

Clearer?

Saberhagen The Nameless 2y ago

Lol, always tossing red herrings and arguing in bad faith Yellen. We will never agree so this is pointless. I like your memes though

Secretary Janet Yellen 2y ago

Not in bad faith. You're a shirtcoiner, pretending in bad fight that the absolute mathematical scarcity ain't important. Without it, none of the copy pasta digital bits have any value and the governments will win again.

Other shirtcoiners are getting it, you one day might too.

https://sethforprivacy.com/posts/why-i-focus-on-bitcoin/

Saberhagen The Nameless 2y ago

I never said scarcity is not important, I just don't hyperfixate on it because it isn't the whole picture as yall make it out to be.

Irrelevant link, but if you're taking Seths word as gospel, are you going to now use Monero? Because Seth is a big Monero proponent and more aligned with my perspective. He uses both for different reasons the same way I do.

Secretary Janet Yellen 2y ago

Absolute mathematical scarcity is something, no shirtcoin will ever have. That's why you hate to see Bitcoiners even mentioning it.

The link is relevant, it has a message for you. Without #Bitcoin any shirtcoin is just a dust.

Do you want to use a shirtcoin, use it. But stop pretending it is better than #Bitcoin. It isn't. If it was, you would be 100% in it.

Monero is a tool, like is #LN or the dollar. I suggested you use LN between BTC on chain and XMR. Instead of a thank you, you started shitting on everything like a true shill.

Saberhagen The Nameless 2y ago

It's just software bro, it's not some law of physics. If consensus changes in the future, especially as mining security decreases because of falling block rewards, even "absolute mathematical scarcity" can change. Several Bitcoin Developers, including Peter Todd, are open to tail emission in Bitcoins future.

"Could Bitcoin Add Tail Emission?"

https://petertodd.org/2022/surprisingly-tail-emission-is-not-inflationary

Speaking of dust, the more popular Bitcoin becomes, the larger the dust limit grows, ironically!

Only facts here. Monero IS better when it comes to cheap, simple, and private transactions. Better digital cash. Sorry if that upsets you so much. Find a healthier way to deal with it. Better historical store of value? Bitcoin wins.

I didn't ask for your suggestions. And no one will with your bad attitude. You just inserted yourself into this conversation and were hostile from the start. LN is an overly complex dumpster fire, with half-ass "privacy", and garbage UX. Even it's creators agree with me! So take your suggestions and kindly GFY!

Secretary Janet Yellen 2y ago

So you're a #Bitcoin security budget expert now too? Because Peter is talking about tail emission, it doesn't mean it will happen. Bitcoin will always be more secure than the shirtcoin of yours has right now.

Yes please, GFY retard 🤙💜