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I not agree, even if monero chooses a way to add confidentiality keeping the supply easily auditable, it would still be a shitcoin.

The digital nature of bitcoin makes the money-convergence-forces even stronger than what has been with the gold shelling-point.

Bimetallic in digital realm has no much sense, and find a "second shelling point for supporting MoE use cases", like silver has been, has no sense at all.

The ingegneristic problem of makes bitcoin pieces of informations floating more rapidly is a second-layer challange, and is becoming better everyday. And we can expect better solutions for the future, not like monero or shitcoins reimplementing their blockchain where we can see them work just if noone uses it.

Also monero as shitcoin sucks and histradeoffs suck, but this is secondary to me.

e8cd2bec... 1y ago

>"The digital nature of bitcoin makes the money-convergence-forces even stronger than what has been with the gold shelling-point."

What is special about Bitcoins digital nature alone? Monero is digital too and so is every single crypto. Even fiat is digital.

You would have to explain why despite Monero not having NGU and being banned from countries and dropped from exchanges...it is increasingly growing in Darknet Markets. Shouldnt it be the opposite?

>"Bimetallic in digital realm has no much sense"

It makes even more sense in the digital realm since it is quicker and cheaper to swap digitally vs swapping physical metal irl

I think it's crazy to think one day there will magically only be Bitcoin. With open permissionless system in a free market there will always be different cryptocurrencies to greater and lesser degrees.

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ponymontana💜⚡ 1y ago

I agree, in future will be bitcoin + bunch of ausiliary informations-trasmitting solutions to help it spreading. But it wont be monero as it is shit and reimplement worse all the problem of bitcoin, it would be something else. And these solutions will change a lot trought time, shitcoins has been a phase and is ended time ago.