Replying to Avatar Naruto

Well if you like censorship resistant, fungible, private money that the state doesn't want you to use there is Monero. I find its use case pretty compelling
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pleb_world 2y ago

Networks effects are important, among other things. Unfortunately monero is too small to be considered viable and any other coins chances of competing against #bitcoin in the PoW arena are unrealistic. https://youtu.be/SANFAxu9mqg

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pleb_world 2y ago

But hey hook up your #lightning wallet and I will be compelled to #zap you! ⚡️ #plebchain

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Naruto 2y ago

Soon I will have a non custodial LN address! But not before then ;)

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pleb_world 2y ago

A man of principle I see.. respect! Looking forward to zapping some sats when the day comes 🤝 ⚡️

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Naruto 2y ago

I agree network effects are important.

I disagree ASIC resistance is silly. Monero's hash rate is solid and not at the mercy of specialized manufacturers. It's easier for an individual to mine Monero and it'll be that way forever.

The point remains that Monero offers a compelling use case for those who need or want private money. Even the guy who coined "there is no second best" literally said "if you need privacy maybe you need a Monero" lol

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Naruto 2y ago

Straight from the horse's mouth

https://www.youtube.com/watch?v=ccJ33hLaMF0