Replying to Avatar calvadev⚡️

There's at least one DNM using LN ( Tor-based instance of nostr:nprofile1qqs2xugc5jyguqkj36rk0syv4tmnkjdtmtperttl7x9rqjy3ustdcvcppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qg6waehxw309aek2mnyd96zumn0wdnxcctjv5hxxmmd9uxa0uz8 ), so it can't be 0%.

If you can see the flow of transactions (and thus are able to compare currency flows to those of other currencies) on a DNM, it's not private.

People spend Monero more because it's worse money (Gresham's Law).

I wouldn't say worse money, I would say easier to replace.

Monero incentivizes a circular economy because anyone easily can mine it, or buy it from the same places you can with Bitcoin*, and it's more affordable*, it's used as cash more because it has the more cash like principle, lightning feels more credit like in my opinion.

Monero maintains a more reliable price point, and gradually increases overtime typically, so it's more predictable as determination of price.

(*DEX, Kraken, and Some ATMs)

(*currently)

Reply to this note

Please Login to reply.

Discussion

No replies yet.