Is monero scarce? Is monero decentralized? Does monero have proof of work?
Discussion
Is Bitcoin as private as Monero?
Monero has a soft cap. It doesn't attempt to recreate scarcity.
Decentralized more so than Bitcoin.
Asic resistant algorithm allows for egalitarian mining done at home.
Its value lies in its ease of use and privacy.
Im not too familiar with monero, so i cant speak to: is bitcoin as private as monero?
By default, probably not but we all have our responsibility and i would argue bitcoin can/could be as private as monero.
If zaps ⚡️ were built on top of monero, how would that look?
That doesn’t need to happen tho
Interesting, monero transactions/fees* scale easily so we can zap anyone layer 1?
again limited monero knowledge 😅
Yes as well as the blockchain itself to handle large amount of transactions
The average XMR fee is very low compared to BTC 
Do you admit it only had utility in this aspect and nothing else so therefore not money.
Monero has all the properties of money.
Bitcoin does not.
cope. 
Can you elaborate on why it states btc is ❌ fungible?
Tainted coins can be rejected.
Tainted? Rejected by who?
anyone with a block explorer and enough knowledge to follow the money.
they are going to map the entire utxo set using existing KYC/AML info and assign confidence scores to all of it
large institutions will pay CA to help them avoid tainted, risky utxos.
Seems arbitrary and at an individual level the argument falls apart. Because a person or institution decides to not accept a specific utxo doesnt make that thing init of itself nonfungible.
Individuals can do what they please.
Unique histories are the opposite of fungible (uniformity, indistinguishable among other units)
The argument about scarcity is not quite right actually. Over infinity, sure, Monero is not scarce, such as Bitcoin is. However, over a lifetime, it definitely is scarce enough to work as proper money. less than 0.9% inflation per year and falling. The tiny amount of inflation is meant to replace what gets lost through loss of private keys, etc.
Yes to all three
nostr:nprofile1qqs0he0gpmydkhzrncjc94ten5j79l5tjk93ah6etgtn4cwg4t6xqacpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsqvdrkh do you have a Monero address I can add to my cake wallet?
49aCRpnbmjaCsCcuqj43dHS29xWVpfxoz57TUqwDcoksQ7bAghk8GEXc8c23oYDtJ8NadVMNMQKSqa1SsCwMEKwqDr7VXPY
Each has its own purpose
You left out poor (unsurprisingly)
The primal objective is become anonymous, not rich sir
Monero boys are smart enough to value privacy but too stubborn to coinjoin
True libertarians I'll give you that
We don't need coinjoin. Monero is anonymous by default
da fuck? all my utxos have cj history homie.
difference is,
my xmr doesn't need it.
Why bother with xmr if you can just coinjoin and be rich at the same time?
there's a meme for this.
but basically,
CJs are expensive,
utxos management is hard,
you need to be organized so you dont compromise whatever privacy you gain,
and
as of today,
without Whirlpool there are NO good CJ implementations active,
so it's not really an option anyway
So you could figure out a kludgey and expensive workaround,
study up on the CJ implementation so you really understand what kind of entropy you are gaining
and what foot guns are possible
etc
or you could
you know,
just use monero.
I'm willing to make that effort to both preserve my privacy and be wealthy
Plus all my spending is over lightning which already has near perfect privacy so double makes monero useless to me
I gave it an honest chance, had some and mined some, but all I could do with it was lose purchasing power and buy drugs
If LN is private it's only because nobody is looking (yet).
and its only sender privacy, we know receive privacy is nonexistent.
But you're really just giving up custody arent you??? Just recreate the fiat system online and trust the bank right? 😩
You don't have to give up any custody to use lightning, you just have to run your own node. (It's hard I admit)
With a bit of effort you can receive with privacy as well.
I have been looking into the Alby Hub thing...
But yeah, so far LN has definitely not been a legitimate privacy tool. Maybe the UX improving with sovereign nodes will change that.
or maybe ecash will.
but they haven't yet and every year the maxis are crowing about *something* that will do the job.
but there's just nothing so far except noise.
monero remains undefeated.
Have you looked into Zeus? Only lightning wallet with acceptable privacy from the LSP.
I installed it after their big update to try it out.
It did not just work and I couldn't be pissed to screw around with it
Yeah it's a bit clunky but worth looking into it. First lightning wallet I feel comfortable using instead if xmr. For most things at least.
Plus utxo that are from or only a few hops removed from coinjoins will be rejected in more and more places. To be fair, lightning fixes this to some extent.
You assuming that Monero Bros are not "rich in fiat terms" is very interesting as most people I know in Monero have been in Bitcoin from the very beginning and most of them have a core position in Bitcoin.
So I guess it is them who started to value their privacy much more early than you as they akready have a need for a private store of value and a means to privately spend their Bitcoins.
And the concept of being rich or poor is very subjective, I think. A king on the middle ages had less luxury and comfort than a average middle class American nowadays
Yes, lower than 0.9% inflation, Yes more than 500 developers alongside the world, Yes.