@tuvok

#[4]

#[5]

@hopfield@nostrplebs.com

#[6]

to answer your questions:

-hard fork: not every upgrade is a hardfork. the community decides about it. it was decided by the monero community to implement a hardfork on august 13th 2022 in order to make mining of monero with asics inefficient in order to avoid what happened to bitcoin- centralization of mining

-transactions: monero can do confirmed 7000tps. this is the real transaction amount of the visa network. the number of 20000tps is propaganda. at no point does visa do 20000 transactions. when monero will replace visa and mastercard, it can even be made more efficient by consensus building a new hardfork.

-kyc: even if you bought your monero from binance (not recommended) or kraken (recommended) and you withdraw the coins immediately after buying, all they will know is how many monero you own. they cannot touch them, they cannot block them, they cannot tell you what to do with your coins. monero is fully fungible. it is the same as receiving cash from your bank. monero from kyc exchange is fully useful. bitcoin from kyc is not.

you can also buy monero with bitcoin from localmonero, habanero(soon), from cakewallet (excellent, self custody) or from tradeogre (recommended, no kyc)

-bitcoin and privacy: there are the tools available you mentioned in order to make bitcoin somewhat private. there is no tool to make bitcoin 100% private. all tools mentioned are very expensive and too complicated for the average user.

lightning network: the lightning network is very good. fast, scales... it has three major flaws: centralization, security and privacy.

centralization: it is an additional layer on the bitcoin network. it is NOT bitcoin. most people think that it is but it is NOT. i believe that this is done on purpose. lightning is pushed by corporations and billionaires. as you know a lightning node needs to provide liquidity. it is a complicated system, frustrating for many and hardly profitable for anyone but for the billionaires and corporations who provide this liquidity increasing the cost for every transaction.

security: there are at least 5 known attacks possible. none of those attacks happened (yet). the double spending problem which you find in satoshi's white paper, one of the major problems of cryptography, is not solved with lightning.

lightning itself does not recommend to use it for larger transactions

privacy: there is no privacy with lightning. today's computers can trace your lightning transactions back yo you. it takes a much higher effort than with bitcoin but it is possible. you can make it kind of private using vpns, multiple nodes etc. but who wants to take those efforts when privacy is not guaranteed with even those measures?

what was not even mentioned, is the monero community. you will not find any corporations or greedy billionaires. the monero community also values freedom of speech. see for yourself:

https://www.youtube.com/watch?v=2xdXxUO-d70

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Discussion

thanks that you put this together, but i am a bitcoin maxi. i am just saying that our time is more worth if we put it in something else. argueing over this monero topic doesnt bring all of us forward.

Shitcoins are just a distraction…but a distraction one is free to do.

what is shitcoins? i do not know that word. do you mean bitcoin which lost more than 80% of purchasing power in two years measured in real fiat terms?

bitcoin will not save your life in pakistan. the criminal government will be able to track you and arrest you. if you use bitcoin, they know who you are and what you do with your money.

I knew that would trigger someone lol 😂

If it helps, you don’t need to convince me or anyone of what’s in your bags. You’re free to hold whatever coin you want. No malice my friend. It’s just an opinion I hold.

all leading economists of all time

friedrich august hayek

milton friedman

recommend monero. even corporations do. the ceo of microstrategy.

did you watch the videos?

if you are openminded, you do.

if not then not

ok sorry. saying saylor bitcoin max max maxi is recommending monero is just bullshit i dont need to see this video because i watched all others.

Have you seen the deep fake video where Saylor says he regrets his Bitcoin purchase and wishes he bought Ethereum? That shit is hilarious! 🤣

yes that was fake

Yeah I know that’s why I said it was a deep fake. Too many Bitcoin people are against humour it’s sad.

Yeah, that was hilarious. But they over did it, otherwise it could of been more convincing lol 😂

you judge something you do not even know. watch it first, then write about it. otherwise it is pointless

Even if he did recommend monera, it means nothing to me. My view of ₿itcoin is because of what ₿itcoin IS and what it does for me and my values, and not because of what others tell me it is. I often find it sad when people need the ‘approval’ of others to justify their own bags.

Like I said, you are free to hold what you like, you don’t need to ‘convince’ anyone else

You make great points, especially regarding #monero #xmr being able to do 7000tps.

Also, LN is fast, but not always worth the trade offs. In most cases, I can wait 2 minutes for a monero confirmation.

Cheers!