monero is also proof of work just like bitcoin. So idk what you mean by your first point.
> Privacy will come, be patient. Or continue shitcoining.
You’re saying wanting to simply transact privately is shitcoining?
Where does Bitcoin’s value come from it not from the supposed primary use case: transactions
You really want to compare a shitcoins POW to ₿itcoins? Here’s some perspective:
The Bitcoin Network is more than twice as powerful as the US Navy. Bitcoin is backed by 300 exahash and 10.6 gigawatts of energy. The dollar is backed by the US Navy which has 53 Virginia class attack submarines that have 30 megawatts each. 14 Ohio class balistic missile submarines with 45 megawatts each. 11 nuclear powered aircraft carriers with 195 megawatts each. 17 cruisers that are 60 megawatts each. 62 destroyers with 30 megawatts each. The entire US Navy is 4.3 gigawatts. ASICS btc miners have 2,200 x more computational power than general purpose computers. To complete with the current btc miners you would need ALL of them on Earth working together. And you’d still be short on computing power by 90%! Throw in ALL the Navy’s of the world and you’re short on power to complete. Plus, it’s decentralized.
