the #ecash hype brought me into #monero 's arms. i'm grateful for that. and i know of many others but they don't admit it publicly. i don't want to be misinterpreted. there's no cynicsm here. i use ecash for small amount transactions myself and it's fun but it did help me understand that scaling is just not possible. you can't solve the trilemma and you don't have to obsessively built everything on bitcoin. with ecash you already moved so far away from bitcoin that bitcoin does basically nothing for you anymore. you now have custodians, middlemen, inflating the supply cap etc. at this point you can just use #monero , seriously.
ok following this logic and assuming bitcoin did a better job then 94% of the world is already onboarded on bitcoin? lol
refresh your tor identity a couple of times until it works
i guess this is a rhetorical question. of course they would not. they are more about to restrict and eventually ban there own state cash money. now why would they embrace some fancy cryptocurrencies like #bitcoin and #monero which are both permissionless and can operate outside of the regulated and surveiled financial system? if people want pernissioned money and want to subject themselves to surveillance, capital controls, taxes and inflation (which is also a tax) they are free to do so. politicians will welcome this. if politicians would endorse XMR / BTC they could just as well stop surveiling, controlling, taxing and inflating lol
the initial idea of satoshi was great but if you mind taking the trouble and reading some of the debates on the bitcoin talk forum there were some really serious concerns about the openness of bitcoin from the very early day on. you will find public talks about how at least the sender and receiver information could be hidden but satoshi didn't know how to implement it. maybe the tech back then didn't exist. yes, he didn't spend his coins. but this does nothing good, does it? it brings uncertainty. in fact it could be seen as a possible risk if at one point +1 million coins would awake which were considered lost before. the halving period was chosen purely arbitrarily. if it was 2 years or 8 years bitcoin wouldn't be worse or better. it's all about the public known information and predictability. this also doesn't have anything to do with low or high time preference. even if it would, low or high time preference is neither good nor bad. what is low or high time preference is subjective, depends on human individuals and can't be measured in any way. it's unimportant how fast the coins are mined. even in bitcoin 94% of the total supply is already mined. the 6% spread over the next 120 years really don't matter. as i already mentioned, it's all about predictibility. these informations were known to the public from very early on. on top of that monero has tail-emissions, so feel free to mine monero, have luck and always get 0.6 XMR + fees :) (though I'll say I don't have a strong opinion on that one. it may be OK during the bootstrapping phase).
cheers
yes, I'm pondering this for a long time. you know, i'm not entirely against bitcoin. it's not a scam, it can be useful, although i personally think that monero is superior. my question is more like: is it about bitcoin or freedom here? and if the latter, why are they aggressively promoting only bitcoin and not #monero as well? is tor bitcoin? is a vpn bitcoin? is linux bitcoin? is a custom ROM bitcoin? is bittorrent bitcoin? in the end, what it's all about? I really enjoyed nostr:nprofile1qqs9336p4f3sctdrtft2wlqaq5upjz9azpgylhfd3dplwf005mfrr9spzamhxue69uhkummnw3ezuendwsh8w6t69e3xj7spz3mhxue69uhkummnw3ezummcw3ezuer9wcq3qamnwvaz7tmwdaehgu3wwa5kueg6g89xw 's book but every chapter ended with how only bitcoin can help to bring the change which unfortunately muddied things a bit and eventually made the book look like a brochure...
yes, i think so. but at this point I'm not sure at all if this narrative about ngu does still hold true. bitcoin doesn't pump as hard as it did in the past for a long time. maybe this is the reason why they went for compliance, threw their ideals overboard and started worshipping spooks like saylor or fiat-mobsters like larry fink and "daddy" gensler.
funny how almost every narrative bitcoiners tell and claim to be unique can be also applied to monero.
monero had an anonymous founder, no pre-mine and has proof-of-work.
i wonder why NGOs like #HRF are so bitcoin-centrical. sunk cost fallacy?
i will say it again: avoid centralized swap services at all costs. #stealthex have fun spending my money you fucking robbers.
#xmr #monero
#monero
this was the message.
thanks for your attention.
Congrats. To me it's the other way around. They don't have my information but my money.
Oh did they rob you also? 🤝
Then delist them. Definitely avoid StealthEX! They have frozen my BTC not a long time ago during a swap to XMR and don't give my money back to me unless I do a full KYC which I can't and won't. My btc came out of #whirlpool btw so I guess this was the issue. very sad
cooking tasty jam require a license? 👀
yes and they soft-kyc you from the get-go these days if you want to use them in any meaningful way, nice eh?