Did you guys listen to the concerns raised by Giacomo et al? Virtually everyone wants privacy in the Bitcoin space, there are technical reasons why Monero will continue to lose in the race to become generally accepted money.
Time for us to embrace peer to peer purchases, Coinjoin and second layers.
I don't mind the criticisms about Monero because you're right some are true.
What I do mind is bitcoin maxis lying (ignorantly or intentionally) that L2 is a solution with no trade offs and a complete replacement for Monero, or that on chain obfuscation is privacy.
Darknet Markets are increasingly choosing Monero while Lightning has virtually 0 adoption on DNMs a highly adversarial environment where this stuff is put to the test. Shitcoins are used more than Lightning.
Fair. I would just say that all of us maximalists would love for there to be perfect privacy on Bitcoin, it’s just not a trade off worth the costs.
I don’t know there seems to be some possibilities to make it a real possibility on bitcoin like Bip300. But some core devs are aggressively against the idea of soft fork that tweaks the current miner incentives.
It’s frustrating to say the least. Now changes in bitcoin take years. In the early years there was updates every few months.
Don’t break what’s not broken. You mess it up the price will crash and we are all left HFSP. Do you really want that? Take it slow we are not in a race here, bitcoin only wins by leaving it alone. Unless it becomes a global store of value it will eventually die
Longer it takes. The slower adoption will be.
It’s like shooting ourselves in the foot imo.
Get bitcoin code complete then devs can relax and sit back. Enjoy bitcoin for what it is perfect money.
Yes, I even agree, at this point it would do more harm than good to change bitcoin even if we could since ossification and conservativeness has become such a major value.
I think Bitcoin and Monero have different priorities, some being mutually exclusive like auditability vs privacy. It's fine though because I can use both for their strengths. One to save, one to spend.
