4. Those that use #bitcoin and #monero for their individual unique qualities. Universally hated by maxis on both sides for being a rational optimist. Uses paper cash also when appropriate.
Discussion
Monero is a shitcoin 🤣
Right you are. Please continue with your Cash app DCA 🤟
Ok cool, but can Monero hold its value against bitcoin over any period of time? No? Ok HFSP.
Ah. Look what we have here...another NGU brother with lazer eyes. Class of 21 or more recent?
Always nice to meet my exit liquidity in advance of the next local top. Don't DCA too hard on Cash app in the meantime.
Bet you also thought we were going to $100k when we were at $65k right?
You would be a psychologist’s wet dream. Deflecting because you dont want to give a straight answer to my question? Just shows how insecure you are about it. 😂 Also projecting about being exit liquidity when you are in fact exit liquidity is rich.
The fact that you're asking the wrong question is in itself telling. My curtness is in response to your use of "HFSP". A cheap quip that is indicative of maxis that are here for the fiat gains and not for the freedom tech.
Do you own a crystal ball? No, then why make the prediction that the one horse you are backing can never be captured in the future? That's the weakness of the bitcoin dream and one that I used to prescribe to for years until I considered other alternatives endings to this potentially world changing technology.
If you game it out, being able to adapt to potential regulatory capture of the bitcoin network is paramount in a fast changing world. Only focusing on "Monero has lost value on bitcoin, therefore the future is written" is infantile at best.
I will end up selling a portion of my bitcoin stack when they are shouting "we're going to $1M bro!!". I will be buying back lower as I did the last two cycles. Not perfect timing by a long shot but not blindly holding, doubling down, DCA crap believing #bitcoin is going to replace the dollar. The probability of that low unless you listen to too many bitcoin podcasts.
And if the network does get captured, specifically at the mining level (51% already KYC captured across just 2 PubCo's) then I've already cold stacked #monero at insanely cheap prices the last few years. I see that as the only viable alternative at present but remain adaptable to change.
My point is if you don't have any other viable alternatives to bitcoin then you'll find yourself the one staying poor should the bitcoin maxi dream fade away.
Ps... tbf you've only got to scroll through an average bitcoin nostr npub and it's not so much a psychologist's wet dream but a tradegy of comical proportions. One huge circle jerk. Zero contrarian thinking, no challenging though processes. No alternative planning. Just a stream of "I'm stacking more" moon boys.
The bitcoin class of 21 has the dancefloor on nostr and it's very sad to watch but does offer the heretics amongst us much to muse over.
Does everything need to be contrarian? You’re saying that the contrarians aren’t contrarian enough? In the context of life I’d say bitcoiners are highly contradictory to the status quo.
What are you on about? That there are actually people talking about Bitcoin here? Where are the people talking about Monero I don’t see any years class talking about it anywhere other than a few niche idiots on Twitter that are overly invested in a coin that loses 20% value to bitcoin a year. Get a grip man.
I rest my case. You literally bought the top. Dec 21. Enjoying your 50% haircut so far since you joined Bitcoin?
https://mempool.space/block/00000000000000000001454242737a3e5fc6d7879d02e53d0d327e83484ec822
You clearly have no interest in learning about all of the layer 2s that are working on privacy upgrades on Btc. I think that is much more of a gamble than assuming Monero will some how rise from the dead and outpace Bitcoin. Lightning is also already more private than layer 1, not to mention e-cash which is going to make monero completely useless. You have a lot to learn my friend.
Also don’t get me started on the GPU mining as a security model It is absolutely idiotic. Much easier to acquire a large amount of GPUs to overtake the network than acquiring 450 EH/s of ASIC hashing.
L2s have their own major trade offs. Will never be a complete substitute for Monero. Lets see we have Ecash(custodial, rehypothecateable) and Liquid(permissioned, only hides amounts) so far with all their other problems. Unless you like your privacy with a side of cuck, Monero will always be used. Monero is also not static and waiting for yall to catch up. It is constantly improving it's privacy.
Any minute now Bitcoin will have it's major privacy solution. Just wait a few more years bro it will be on Layer 4. ⏰
I pay you Btc that I acquired off exchange for a service. You buy groceries with the same UTXO, and then the grocery store uses that UTXO to buy more supplies. The suppliers then use that UTXO to buy more raw materials. Based just on addresses please enlighten me on how you would know owns the UTXO?
Ok, then why do you care about all these other privacy improvements if it doesn't matter? Why do you want privacy?
None of your excuses (right or wrong) stops the state or chain analyst companies from associating your transactions with others: https://www.torekeland.com/roman-sterlingov/
Also doesn't stop others from connecting the dots (correctly or incorrectly):
https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md
Monero is a shitcoin.
Hello. Nice to meet my exit liquidity at the next local top.
Lazer eyes too I see. How's your WoS and Strike set up going for you? 🤪
Both bitcoin and monero are in line with the crypto anarchism mindset.
This is about freedom not about your favorite coin. Maxis from both side ruin the space for everyone, be kind.
Thank #moreno for stealing your purchasing power by empowering your inner dumbass.
If any of us can ruin it for you, you should question the shitcoin you using. Have a nice day and GFY while you at it.
Humour me, you got in to bitcoin for NGU when? 2021 or more recent? The most recent converts are always zealots.
Don't worry about me, my purchasing power has been positive since I cold stacked bitcoin and #monero.
I also own the roof over my head. Wait, that's a shitcoin too right? 🫣🤡
Really making bitcoin look good today aren’t you? You also have a good day as well.
Then don't hold it long term. Use it.
Problem solved. Next!