We need easier on/off ramps between bitcoin and monero. Bitcoin wins as store of value, but monero is great for payment privacy.
I was so excited for what Samourai were developing in Beta (alpha?) with their Monero Swaps. I hadn’t yet tried it sadly.
I used to think Monero was a great idea. But honestly, I'm not so sure anymore. nostr:npub1s33sw6y2p8kpz2t8avz5feu2n6yvfr6swykrnm2frletd7spnt5qew252p has a great video talking about this issue. I think he's brought some good points to the discussion. https://youtu.be/1LTT7wwyUAQ
Matthew the type of guy to say the market is always right when it comes to Bitcoin, but tell you why it's wrong when it comes to Monero on the only truly free and permissionless markets on the planet
Matthew the type of guy to say "Bitcoin already won the money race" and how network effects and first mover advantages are supreme, but have no explanation for the Monero-shaped darknet elephant in the room
Matthew the type of guy to extol Bitcoins decentralized ledger, but then almost always refers to it's price charts and volume on centralized ledgers
Matthew the type of guy that talks about anonymity sets and hiding in large crowds, but then uses a transparent, deterministic, and weakly pseudonymous blockchain
Matthew the type of guy that likes to bring up robust global circular economies, but never spends and is obsessed with hodling
Matthew the type of guy that talks about hot potato money, but doesn't mention Monero is delisted from almost every major exchange Bitcoin is on yet STILL holding it's own *despite* that MASSIVE disadvantage
I'm 100% in Bitcoin and agree with the network effect thing, but am becoming concerned at Bitcoins lack of privacy. Monero was issuing 50 coin blocks every 2 minutes up until the beginning of last cycle, that probably explains the price crash better than lack of use. Bitcoin and crypto in general is in a price discovery phase. When it comes to adoption and spending, privacy is a 10x improvement. I anticipate Bitcoin will adopt sufficient privacy, but I'm starting to doubt.
SeraiDEX should help with this. But right now there is Unstoppable Swap, Bisq, Haveno, and Trocador
And robosats
Liquidity and UX are very poor unfortunately. They are like the Mastodons of P2P before Nostr existed.
Yes true in general, but particularly for UnstoppableSwap and Haveno (very new). There is a new CCS proposal to make the UX a lot better for UnstoppableSwap. Also excited to see what Serai brings.
Don't know much about it but n3xB looks interesting
https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/477
