I like his client-side validation RGB thing for private transactions, but I don't know much about it. Is it out yet and does anyone use it?

Monero has darknet dominance (ransomware and dnms, soon p2p markets because it's forced to do)... it's the market that's the ultimate judge and no one can track it, only if the users act stupid. I think that's the point of the conversation, how permissionless markets do transactions and not the price of the asset.

The samurai tools is not just ricochet, and I think it depends on whether you make a communication channel with the samurai paynym. That's a good question for LaurenMt.

The xpubkey leak was only on samurai wallet connecting to the samurai node, or how do you connect the addresses if you don't use your own node? Bloom filters are useless in a low bandwidth environment (aka tor network)

LaurenMt, the brain behind the Samurai tools and DojoCoder, spells out the usual fud on Samurai. I trust more on people who are in danger of jail, that people who comply or bash the dark net markets tools.

The tx graph on btc it's really bad, the good thing is that swaps between different networks of btc is pretty easy and spending on lighting is really private

Utxos with Zero-Link tx graph and resistant to time analysis attacks when it's remixed on the coinjoin pool, Samurai is one of the few wallets that implement proper spending tools.

Monero protocol obfuscates all on-chain mechanics, IRS can't track it.

He was/is(?) an anti-samourai and anti-monero larper all the time, using those tools to achieve red/black/red market goals.

I'm not able to understand this graphic, but lets fucking goooo

There's a lot of leverage down below 👀

So looks like when all short term holders are in profit, Bitcoin must dump to scare away all the paper handed babies before it can pump again

Rinse and repeat

confirm, its on android 15, last grapheneos. Also this bug has not been introduced by last release, was here from at least the last release

Hum... Let me check it again... Android 15 changed that and our dialogs were all broken. :(

>"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.

1) Agree

2) Anything is possible. Bitcoin could make a comeback for black markets if it gets better privacy layers. I would love that. It's funny that many point to Bitcoins price saying how it is right when it comes to that, but then pull a 180 and say the market is wrong about Monero when it comes to black markets. No one uses Lightning there and Bitcoin is falling out of favor. Just look at any of the popular DNMs

3) Yep ETFs miss the point. A permissioned Bitcoin IOU is oxymoronic

4) Historically you are right, but it's a great digital cash.

5) You're wrong about that. It's always been MoE -> SoV. Saifedean and his ilk have mislead many by popularizing this narrative:

Indeed, I am suggesting normies only simplex lately with all its disadvantages it can IMO be considered a "final solution" to chat with grandma having good security and privacy.

"people are only using it for the black market"

What people said about Bitcoin 10 years ago ?

"bitcoin could and still is being used for black market"

Only fool are using Bitcoin in black market 🤣

If you have a brain, you will use Monero over Bitcoin, isn't obvious ?

"and it's also good for ETFs"

Well, it depends on regulation acceptance and Wall Street, it have nothing to do with Bitcoin or Monero itself

"because nobody trusts monero"

I trust Monero for preserving my financial privacy, not Bitcoin

"nobody is holding it so nobody wants to hold it"

And so ? Is it the purpose of Bitcoin ? Isn't to be electronic cash ? Isn't to be a transactional system, rather than a holding system ? Bitcoin wasn't created to replace the dollar, rather than Gold ?

If you save on Bitcoin and use dollar for everyday transaction, you miss the whole point of Bitcoin

so you think bitcoin is only worth more and more every cycle because it is first mover and poor little monero would otherwise not be pegged to the dollar as it practically is

no, that's because monero has no SoV capacity, because whatever you moranos say about it being auditable, it's still questionable whether there is not an open ended possibility of an inflation bug and people are only using it for the black market so its basically being used as an intermediary only, nobody is holding it, nobody

so, whatever you think about the "value proposition" of bitcoin is obviously missing more than just FMA to why bitcoin is staying ahead of inflation

it could be the fact that its auditabilty is unquestionable and complete maybe?

when a commodity wants to become a medium of exchange, its first use is always store of value

precious metals were this originally, just a way of holding a lot of value that didn't decay, so, it stores the value

then they made it easier to transact with by minting it, so the cost of trusting it was lower. this is actually the same thing as the auditability issue - it makes certainty about the quality of the asset cheap to assess, not like a fancy gold necklace that could just be gold plated steel, where proving it's worth something is expensive

without the ready, easy to determine, and certain evaluation of the value and provenance of the asset, it can't be a store of value and thus monero is fundamentally broken as a money from its initial premise

just get over it, after 13 years or however long it has been, monero has done nothing to become more widely adopted than bitcoin

bitcoin could and still is being used for black market

and it's also good for ETFs and lightning network use, even this ordinals shit couldn't be done on monero

monero is too narrow in its purpose and its real use case is very much limited to the "value proposition" you speak of

otherwise, explain why bitcoin has got so many other uses giving it additional value, and monero doesn't

because nobody trusts monero, monero can't be counted with absolute certainty, nobody is holding it so nobody wants to hold it

until you get that loop of holding - demand for holding you have got fidget spinners