Nostr Web Client

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n0>1

I'm considering a new possible future.

#Bitcoin is already co-opted by governments, corperations, institutions

#monero is the real money for the future.

I can buy monero with dollars like it is bitcoin 10 years ago.

I'm down with that timeline

#asknostr What if?

kyle-moore 3mo ago

Privacy is and always has been a necessity to separate money and state. The state will otherwise persicute those who try to so on a public chain. Bitcoins privacy addons are imperfect and come with custodial risks usually.

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Discussion

n0>1 3mo ago

What are the tradeoffs for monero?

kyle-moore 3mo ago

No relative network effect is probably the biggest and the 51% attacks are a result of that. Harder to audit the supply. No hardcap but asymptotically zero inflation. Larger node requirements

n0>1 3mo ago

Smaller network could change quickly potentially I feel.

kyle-moore 3mo ago

yeah that too.

kyle-moore 3mo ago

We probably will just be in a multi crypto world where people use multiple assets for different purposes