Subnostr

Bitcoiners who hate monero 👇🏼

I think you'll find if pressed it would be used to transact. Bitcoiners would likewise transact with gold, silver, barter, or cash.

But would we hold our wealth in it, with less certainty in supply, liquidity and on/off ramps?

And is the "hate" directed categorically at alts, or XMR specifically? Alts slow Bitcoin adoption, and money tends to one winner.

Questions are not argumentative, but seeking to understand the dynamics of the disagreement.

It's not one of the Alts I target, but I don't use alts either.

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Discussion

Russo 2y ago

Let me see if I understood your points.

If Bitcoiners find pressure by the system they prefere to use a legacy tool like cash, gold, silver than to use a different digital solution only because it isn’t Bitcoin?

Bitcoiners figth for self-sorvegnity or they want to be the state alternative?

The quantity of exposure it’s a personal choice because every person have different needs.

The on/off ramp is almost all P2P like it was supposed to be on Bitcoin, but people prefer giving up some sorvegnity to have a “more easy” on/off ramp solution?

Alts dont slow Bitcoin adoption, they do the opposite..

And money not tends to one winner, that is a dumb fallacie that bullshit bitcoiners talk.

Diversity of projects are good to innovation not bad, because it brings different solutions to the same problem.

AJ Nobody ⚡🏴 2y ago

Hmm. Sort of my points.

I'm saying Bitcoiners would use many things if the need arose, and XMR is one of those. Maximalists aren't as puritanical as we believe when the rubber meets the road, or SHTF.

I'm thinking use is different storing wealth too. That's what I mean about on/off ramps. P2P is great, but less than convenient unless you store an allocation. That is to say the Strike model where you can seamlessly send Bitcoin, lightning, or fiat is good UX. Montero UX has more friction.

I don't NEED to use it, so I don't.

And I don't want to store wealth in something that may face liquidity or convertibility challenges.

Not fudding. Thinking through my position.

If pressed I'd use it, but don't see a compelling need to buy some until it were needed.

I support agorism, but I don't want my wealth trapped in circular economy either.

Again, openly thinking things through. I don't have particular animosity to XMR, but I don't usually think about it either.

My point about alts vs adoption is opportunity cost in time and money. My time in alts cost me 19.6 million Sats I could have owned.

Russo 2y ago

Why would people want his felonies to use non self-sorveign bitcoin?

You may have more adoption but in that way you are selling the soul of Bitcoin to the old legacy model.

You want to know what i think will happen next years?

Mark my words,

- CBDC’s implementation.

- Average people will love it, and start to use it, because they will not need the banks to have digital dollars/euros and they think banks are the problem

-Bitcoin ETF approved

-Banks will loose costudial power over Fiat

-Banks will start to offer Bitcoin as an alternative solution to their clients powered by BlackRock

-Bitcoin standard, but in the same old legacy hand

Then, the “influenzers” will be good because they now how to handle Bitcoin in a self-sorveign way and made a lot of money.

Normies will be rugged anytime then and they will give the fault to Bitcoin, instead to themselves.

AJ Nobody ⚡🏴 2y ago

I'm not sure I understand the felonies part.

Interesting thesis I can't agree or disagree with. Some solid points within though. 🤝

Really love the "influenzers" 🤌

Russo 2y ago

Very dangerous virus, people get “influezyated” 🤣🤣🤣