Looks like Samourai sold theie souls to the shitcoins. Derp.
Discussion
I'm personally not so critical of XMR. Not supporting it, but for now it seems to be working fine.
That's nice dear but shitcoins are scams.
The hours long obstacle course you need to achieve anyhting resembling "privacy" on Bitcoin... is inferior to me pressing the send button 👉📲
#sad
That's nice dear but have you bothered to figure out what sound money is? I bet you haven't & that's why you're a shitcoiner.
Who said Monero is trying to be sound money?
We never switched from the title of the white paper "p2p electronic cash". But let's see:
Portable? ✅ Bitcoin ✅Monero
Durable? ✅ Bitcoin ✅Monero
Divisible? ✅ Bitcoin ✅Monero
Scarce? ✅ Bitcoin ❌ Monero
Fungible? ❌Bitcoin ✅ Monero
Stable value? ❌ Bitcoin ❌ Monero
The most saleable good? ❌ Bitcoin ❌ Monero
Nope. Don't see sound money anywhere. I see a couple MoEs.
How many Monero are there? What is the total supply? How have you audited the total supply?
Until you can answer these questions you're essentially gambling that Monero won't rug
I can argue all your concerns if you truly want me to.
But if you don't save with Monero, none of that matters. You can use Monero as digital cash. You don't have to use it as a savings tool.
Keep saving with bitcoin and spend with monero. What is the risk in that case? Nearly zero.
That's the same bullshit argument people use for Tether. I'm not buying it.
Well put up your argument then! You have no argument.
Agree, Tether is a centralized, permissioned, rehypothecateable, panopticon shitcoin.
Monero is decentralized, permissionless, private, fungible, and way cheaper to transact with less than a cent.
You don't think all these things together make Monero a better Medium of Exchange than Bitcoin? (I'm not saying Monero is a better Store of Value either so don't strawman)
It's not decentralized if users can't audit the supply
You audit Monero the same way you audit Bitcoin. You run a node.
The code is completely FOSS.
No Bitcoiner is taking advantage of Bitcoins transparent/simple math to scrutinize the blockchain anyway so that doesn't help you. Are you making sure every block that all input = all outputs? No, you just run your node and pay no mind. So in practice what is the difference?
Monero audits supply using bulletproofs and pedersen commitments. It is well established and sound cryptography from the 80s, but admittedly more complex than bitcoins simple math.
An exploited inflation bug would be equally catastrophic once it happened to either Bitcoin or Monero. Attackers have the advantage. There is no good solution to fix an exploited inflation bug without hurting other users on either Bitcoin or Monero.
Trivia: Did you know there was a hidden inflation bug in Bitcoin only an anonymous user knew? They couldve easily exploited it, but very luckily they were an honest actor who secretly let the devs know (who couldve also decided to exploit it). If they did exploit it, how would detectable inflation help after the fact? It wouldnt.
https://bitcoincore.org/en/2018/09/20/notice/
Again none of this matters if you don't use Monero to save. So it's all moot.
If we just implemented BIP300 they wouldn’t have to do this.
To be fair, they don't have to do anything. They chose to be a shitcoin company
Bitcoin has terrible privacy UX. Doing a quick atomic swap with Monero liquidity pool if anything is massive improvement.
BIP300 Drivechain would be ideal way to do it imo but bitcoin core devs cant come to any agreement without name calling each other on twitter lol.
I’ve seen folks hating on nostr:npub167hmfzj38hkumks4wxny89797la0sf7wnwfrw4enlmcl82msp0cs78schc but that’s the only hot wallet I’ve used and have been happy with it. 🤙🏻
Use jam app to coinjoin via joinmarket folks.
It's cute how they think coming out with an aggressive campaign against Bitcoiners is somehow gonna benefit their business...
🤦🤦🤦
They wanted attention and the word to spread
And you just gave it to them both 😂
Another day, another company sells their soul to become more relevant.
Noise, fuck'em
Privacy remains the greatest problem with Bitcoin, as Lightning has solved small transactions and speed problems. If Monero can be used to shield feom chain analysis, it is valuable and should be eelcomed.
Permanent brain damage, derpppp
This is not the way of the warrior
you need all kinds of crazies on the spectrum
They’ve been pro Monero going far back as I can remember in 2017, probably longer.
I suspect the may favor it over Bitcoin
Yes, their feelings on Monero has been no secret, which is why I find it odd all these laser eyes are clutching pearls.
They've also been hinting at Monero atomic swaps for more than a year.
Can't blame them if they do. It's a superior privacy tool.
Looks like you need to get a life