PS: I don't think BCH is the solution for all the problems, i think Monero is, that's why i use Monero
I am going to go against my better judgement and attempt to engage with you in what I hope will be a fruitful discussion.
I've already written an article about Bitcoin Cash, it is here:
https://habla.news/u/mhardcastle@nostrplebs.com/1733908437101
The part that discusses BCH starts at this paragraph:
"Roger’s case is also being used as a weapon of fear."
If you believe my analysis is wrong, I would be open to a genuine debate. If you want to sling slogans and meaningless rhetoric, I will not respond.
I suggest you spend time formulating a reply if you wish to win the intellectual argument.
My personality type is INTP, which means I do not have a hubris and do not hold onto bad ideas if there is a defined better option. You have a chance to change my mind.
I have read Rogers' book "Hijacking Bitcoin", he suffers from anger issues, which means it is nearly impossible to dissect valid argument from uncontrollable hatred.
Let me start by agreeing that Bitcoin base layer is unusable as a day to day currency and that L2 Lightning is a shit show.
However, centralisation of any form allows government or corporate control of any threat to fiat.
I also agree that Bitcoin mining is dangerously centralised due to the dominance of Bitmain and the 2 largest mining pools.
All that said, I still choose Bitcoin over Bitcoin cash as it is mostly decentralised, whereas BCH is mostly centralised.
Take as long as you like to respond. I will wait.
Discussion
Understood.
Monero definitely adopts a privacy first approach, so if you want privacy, you should use this coin. I also support the right to choose to use Monero if you wish
However, adoption is also an issue.
We are discussing the recent announcement of Tether onto the Bitcoin L1 and Lightning networks.
It has good and bad consequences, however the reality is that Bitcoin is not spendable in most scenarios today, whereas the USD is, so a tokenised dollar running on the Bitcoin network makes the use case as a currency much more compelling in the short term.
The problem, however, is that Bitcoin was supposed to replace the dollar, not facilitate it.
Only will put this fact on the table before i end defenitively the conversation with you, Monero is more used than Bitcoin, you can't find one store that accepts both that bitcoin is more used not to mention black markets..
You can see some of the Bitcoin merchants here:
Does Monero have a similar map?
They are all online.
Do you not have anything like BTCMap?
Each of those have listings/offers where you can meet in person. I know XMRBazaar is implementing a visual map like your link soon.
Only other thing I can think if is coinradar which you can filter for Monero
OK, so Aeneas claim was false.
I don't know if Monero has the same core concept, "Don't Trust, Verify"
It's a very powerful philosophy.
So, to be clear, Monero IS NOT as widely adopted as Bitcoin, not even close, nor is it widely used.
Making such claims destroys valid arguments that Monero is a privacy coin.
I support the right for Monero to exist, if people value their privacy, I support their right to use it.
But don't make false claims because it destroys the truth and support you have from people like me.
I think some research should be done about this to validate. While we can count transactions on Monero Blockchain, we wouldn't be able to validate how many users are using lightning without running a high traffic node for example, so there is a lot of speculation. Regarding making payments, there are several companies who accept both options who have expressed significantly more traffic in xmr transactions than other options.
Also the number of micro transactions on NOSTR would obfuscate data collection.
Also, if I send Bitcoin to my bank and then spend dollars with it, is this a valid transaction?
Identifying asset transfers from merchant spending would be nearly impossible.
But we’re not talking number of transactions, we’re talking merchant adoption and this is partially verifiable with BTC thanks to nostr:npub1864jglrrhv6alguwql9pqtmd5296nww5dpcewapmmcazk8vq4mks0tt2tq but by definition, Monero doesn’t want to be identified, so merchant adoption and merchant transaction volume are always obfuscated on Monero.
Again, all that said, the size of Bitcoin in every metric compared with all other altcoins combined is greater and verifiable, so singling out one of the 3 million altcoins to compare with the 58% dominant Bitcoin will always be moot.
I would agree with that
"Don't Trust, Verify" is just as alive in Monero community as Bitcoin. Almost every major wallet is non-custodial and FOSS (I don't really know many that aren't but I'm sure there are a few), you can run a Monero node, and additionally they don't trust their privacy with the world.
>"So, to be clear, Monero IS NOT as widely adopted as Bitcoin, not even close, nor is it widely used."
First part is true. But is very different from being "used".
>"But don't make false claims because it destroys the truth and support you have from people like me."
Also agree
What maybe gave Aeneas that impression is that proportionally most Bitcoiners place more emphasis on hodling vs Monero users. The average joe is also probably holding Bitcoin IOUs and letting it just sit there on their Coinbase app. And also things like this:
Just remembered this conversation and wanted to show you this
Ah nice 👍