I then wonder why you are not openly supporting Monero, which is attacked from all sides, while BTC gets its bags pumped by Saylor and BlackRock.

I know plenty of people that live on Monero, while most Bitcoiners if they at all pay with their coins use connected credit cards to their custodians.

And who is even running nodes these days? Monero with its price being 1:500 of BTC sees more active nodes than BTC.

Monero got delisted from all major exchanges being forced to bring decentralised exchanges and the circular economy to life.

Talking about choosing the hard way, is talking about Monero.

nostr:nevent1qqsvvv9pva6887up057hla7mdvhzez67la67u0f7xq7985fq7c0lrzspp4mhxue69uhkummn9ekx7mqzyphydppzm7m554ecwq4gsgaek2qk32atse2l4t9ks57dpms4mmhfxqcyqqqqqqgx2ycmf

Reply to this note

Please Login to reply.

Discussion

How does monero scale to billions?

Genuine question, because money tends to one medium of exchange.

It doesn't right now.

But neither does Bitcoin or LN.

All these custodial solutions aren't really "scaling Bitcoin" either they're just dodging the question.

Monero has the advantage of adapting with new scalability tech when necessary because the community isn't allergic to upgrades. It already cut down transactions size by ~80% with bulletproofs alone.

Your question also rests on many assumptions...That everything has to scale immediately (even when there is no demand for it). That billions are going to ever use Bitcoin or Monero in the first place. That technology isn't always improving. That efficiency gains wont be made. These things will scale over time.

I agree Bitcoin doesn't scale in a non-custodial way at the moment. There is a risk that it never will. Giving up and starting alternate projects will mean that it never will.

If there is a risk that it never will scale non-custodially why shouldn't there be a plan B, C, and D available?

No one said anything about giving up. People will always start alternate projects. The birth of Bitcoin itself was an alternate project from ones before it.

I don't have a problem with developing alternatives, a free market is a good thing.

I see a lot of people give up on Bitcoin and relinquish their influence on it.

I can honestly understand why some give up or get pessimistic about Bitcoin. The ossificationists and NGU chart bois are rampant.

The only thing that seems somewhat promising is CTV and Drivechains. But the general community seems hostile or at least tepid about it thanks to the smear campaign by core & company.

We remove the counterparty risk, and the coin with the largest counterparty risk (via BTC ETF) is where all the money goes. Looks like we are heading back where we started. What ever happened to rules without rulers. KYC put a stop to that.

https://m.youtube.com/watch?v=JtyRN4YFRFI

This is SO DAMN TRUE!