For those who still fall on what maxis talk that lightning is more private than Monero, take your time and find out why that's nonsense.
Lightning isn't private!
#Monero
#nostr
#bitcoin
Discussion
Try to store your money to long term with monero
Bitcoin Maxis advocates for Bitcoin’s role as a store of value and a hedge against inflation, often envisioning it as a future global reserve currency. Their philosophy is rooted in the belief that Bitcoin fulfills the need for a censorship-resistant, immutable digital asset, and that no other cryptocurrency offers the same level of security, reliability, or long-term value. For Bitcoin Maxis, Bitcoin isn’t just one option among many—it’s the foundation for a decentralized financial system and the only digital asset capable of achieving that vision.
I don't try to store my money long term with Monero, i do it, i have 90% of my wealth in Monero.
Monero has characteristics of a store of value, and Monero is also a medium of exchange. Unlike Bitcoin's history, Monero has been 100% online since its inception and has never been hacked. On the other hand, Bitcoin was hacked, and Satoshi had to perform a hard fork to correct the inflation that was introduced into Bitcoin at the time. To this day, it's still unknown who was responsible for the hack. From this perspective, Monero is more secure than Bitcoin.
Monero is also more decentralized than Bitcoin. Bitcoin doesn't have any decentralized pools where users can mine without the possibility of a state regulatory attack that would force changes such as imposing KYC/AML. Bitcoin lacks privacy, making it an easy target for adverse regulations, as seen in the case of donations to Canadian truckers.
Bitcoin will only become a global reserve coin if the state forces it to be so, because otherwise, it never will be. At this moment, without state help or ETFs, your argument about store of value might not even make sense.
Those who are currently in Monero are people who started with Bitcoin but were driven away by its hijacking and stagnant development due to the mafia-like behavior of core devs. This strayed from Satoshi's original philosophy of taking power away from banks and states and giving it to individuals.
There's been a shift in mindset now where everything is done to drive prices up instead of promoting freedom. This will bring surprises in the future.
Bitcoin was hacked lol 😂 ;
try to mine solo and see is totally decentralized, of course you can create own pool so mine or mine in a solo pool like vkbit/ ckpool
I'm seeing you are a newbie, you don't know the history of bitcoin yet, but i help you with that 😘
Yes bitcoin was hacked, the hacker generated 184.467 billion Bitcoin out of thin air 🫣
https://medium.com/hackernoon/bitcoins-biggest-hack-in-history-184-4-ded46310d4ef
Bitcoiners advocate for an electronic peer-to-peer cash system. Store of value is Saylor speak.
Not only Saylor ; Keiser also and many others.
Fundamentally is an p2p cash with limited supply, and what’s mean over time ?
Who the fuck is Keiser, lol 😅
Means a p2p cash with limited suplly, nothing more 😅🤣
LTC, KAS, BCH are also a p2p cash system with limit supply, that means anything else than what it is? 👀
You’re living in the parallel universe 😆 all of these are shitcoins nothing more .
Is about Max Keiser , you can find it very easy .
Bitcoin P2P cash system has over 40 years of development. Your monero is just an opaque fail .
I know who is max kaiser, was being ironic about it, because i don't really care about what others opinions are, i put my time at work to do my own research and take my own opinions.
I don't need to have a influencer telling me what to think, and in many things i have a different opinion than them.
Who is rigth or wrong only time will tell, but im convicted of my knowledge and constant lesrning to take the best decisions, and when i see that im wrong on some subject i change my mind and correct my position, because that is what is learning evolution.
Man, you say that Monero is an opaque fail, but Monero is the most used crypto in the world in real use cases, so as i see Monero is winning the race even with your daddy state and your friends of exchanges delisting it.
Go compare stores that accept both Monero and Bitcoin that Bitcoin is more used than Monero and take your own conclusions.
The same Max Keiser that said this over privacy in Bitcoin?
“I don’t know how Bitcoin is gonna tackle this. If it can’t tackle it then out of all the privacy coins, Monero will be a champion in that space and we’ll have a Bitcoin-Monero duopoly.”
Sure 🤡😆. And also what’s your opinion about Andreas Antonopoulos?
You mean "For really strong privacy, Monero is much better." AA ?
You won't find an OG Bitcoiner that doesn't have a weak spot for Monero.
Only Bitcoiners who haven't made it yet because they came much later 2013-2020 have strong opinions about Monero.
Yes monero is private but is not store of value like bitcoin , subject closed .
It's my chosen store of value. Maybe it'ssomething different for you!
If everybody can easily produce/mine with minimal cost , then the “product” is store of value? Check stock-to-flow
Can everyone easily mine gold or bitcoin ? No .
Can everyone easily mine monero with 1 potato pc ? Yes .
And for your logic, monero is store of value .
Is that seriously your level of understanding?
You don't know my security standards and privacy requirements. I am in Bitcoin for 15 years.
My cinclusion is, that I need a private store of value over a transparent store of value at this point in time. All that for many different reasons that you'll figure out yourself when you need them as well.
After 10 more years you realize that’s your Monero is worthless
Maybe is more private if you store of value into the shells, stones and other stuff. Make you sure nobody will know that you keep value into these, these are good like cash but more private . That’s Monero !
Gold is private and much more popular as a store of value than Bitcoin
And then why did you use monero instead?
Because I can't use gold to instantly transact with anyone in the world, like I can with Monero, and remain private. Cash and gold are good locally though.
I'm just bringing it up because you act as if Bitcoin is the only store of value, or as though it's ridiculous to store value in things that are private. Obviously not!
Bitcoin is traceable, verifiable and private.
If people make kyc on the exchanges, Btc isn’t private anymore and that’s it .
Monero guys confuses privacy with transparency / transable.
Or you guys are stupid or want to promote this shitcoin to make exit liquidity to through other people which is buying with bitcoin.
I think you are the one who is confused.
Bitcoin is not private. You can transact "anonymously" because there is no identity attached if used correctly, but your transactions are fully public for everyone to observe (sender, amount, and receiver are not hidden).
That’s transparent and anonymous. You check what you want but you don’t know how is behind of that (if don’t make any stupid kyc ) .
Bitcoin: Don’t trust verify (that’s it)
Monero: I don’t trust and can’t verify
Lmao you're just describing an antonym of privacy: transparency
Bitcoin is transparent and pseudonymous(if used correctly)
Monero is private and anonymous
You can verify something without knowing what it is. Learn what ZK is.
Some people lost track of what the mission is, or was unfortunately..