Nostr Web Client

Just proving a point that storing anything for long periods of time trends to zero in bitcoin terms.

But talk more about $5 fees please

Average $5 fees *right now* guarunteed to rise as demand climbs for limited blockspace

Not even bringing up the issues of zero privacy and poor real world fungibility

Unless you plan on never using Bitcoin (neutering p2p electronic cash the literal title of the white paper) those are all serious problems

The choices aren't Bitcoin or Monero only. You can save with one and spend with the other. Don't save with Monero if you think that trend will continue. No one is forcing you to hold large amounts for long periods of time. That's your weird false dichotomy you can't get past.

Reply to this note

Please Login to reply.

Discussion

OT 2y ago

So you hold more bitcoin than monero right?

You say lightning isn't private & so you'll pay those on chain fee every time you swap into monero

Saberhagen The Nameless 2y ago

It's not that I think it's not private. It's not private. But lets not continue that because you're arguing against lightning devs telling you it's not so you're too far gone for me to convince about that.

No, just...

1. Onramp to Monero directly. Easy.

2. Swap enough Bitcoin for you to use for a few months or X amount of time you're comfortable with. You're paying one onchain bitcoin transaction for 100s of transactions. Saving a lot of money by doing that do the math.