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Never give up your financial privacy, or you will lose everything Go Monero

I never heard something like that ^^

I'm curious to know what is the problem with tail emission ?

Ah, conspiracy theory and FUD to shill altcoins. Nice.

1. Banks want to keep you using banks: Absolutely, and that's why Bitcoin exists to provide an alternative financial system outside of traditional banking.

2. Keeping Bitcoin blocks small makes Layer 1 unusable as real-world cash: Layer 1 is designed for security and decentralization, not for buying your daily coffee. That's where Layer 2 solutions like Lightning Network come in, enabling fast and cheap transactions.

3. Non-Custodial Layer 2 is complex: Early technology often is complex. Bitcoin is money for the next 1000 years. Remember when using the internet required dial-up modems and command lines? User-friendly interfaces are rapidly developing for Lightning Network.

4. Custodial Layer 2 is the new Banking: Only if you choose to use custodial services. Bitcoin gives you the freedom to be your own bank or to use services at your discretion.

5. Fiat Banks and insurance companies funded Blockstream: Blockstream's funding is public, and while they have investors, the leap to say they control Bitcoin's development is a bit of a stretch.

6. Bitcoin Core devs also worked for Blockstream conflict of interest: Bitcoin Core is open-source, and contributions come from a global community. If you suspect foul play, you're free to audit the code or contribute yourself.

7. Maxis force unrealistic solutions, pushing custodial accounts: No one's forcing anything. The beauty of Bitcoin is that it's open and permissionless. If better solutions exist, the market is free to adopt them.

8. Small blocks don't decentralize it: On the contrary, smaller blocks allow more people to run full nodes, enhancing decentralization. As for Lightning, it's becoming more accessible, and you can open channels with minimal amounts.

Therefore, people do use Bitcoin in the real world, and banks are noticing. That's why there's so much interest in Bitcoin and not something like Monero.

So, what am I disputing? The notion that Bitcoin isn't evolving to meet these challenges. It is, and doing so while maintaining the principles that make it valuable in the first place.

But hey, enjoy your privacy coins. Meanwhile, we'll be over here continuing to build the future of global finance for Earth.

"2. Keeping Bitcoin blocks small makes Layer 1 unusable as real-world cash: Layer 1 is designed for security and decentralization, not for buying your daily coffee."

Cash isn't made for every day purchase like coffee ?

I saw a note from NSA where they are talking about Monero as a threat, they wasn't able to crack it, coincidence or not, Monero is a problem for the establishment, seems they are trying price manipulation like in Gold & Silver, but if it don't work they will need to change the strategy and it seems the adoption of Monero is inevitable, so at some point they are fucked. They will probably need to use a far more aggressive and repressive option to stop people moving, and doing these move will logically result in a massive acceleration of the bankrun, seems we are wining ?

If you don't understand the importance of Monero, it's because you don't understand the Government's will

The element that will probably move people to Monero is CBDC, but it will not take a week, it will take around a year or two, maybe more. It's true to say the final movement is the bigger generally, at this point, Monero will eventually skyrocket in a week because of a supply shock. But price is not important at the end, we are just taking a share of the anonymous transaction system, we are able to keep and exchange value outside of the authorities control or surveillance, that's priceless today, it will be even more tomorrow

It wasn't implemented in Bitcoin, it was implemented in Blockstream's L2... why ?

Blockstream created Ring Ct and it was great, but... why Blockstream didn't tried to implement that in Bitcoin ? Blockstream said:

"This goes a step beyond the usual privacy offered by Bitcoin’s blockchain, which relies purely on pseudonymous (but public) identities. This matters, because insufficient financial privacy can have serious security and privacy implications for both commercial and personal transactions. Without adequate protection, thieves can focus their efforts on high-value targets, competitors can learn business details, and negotiating positions can be undermined."

Wtf ?! Conflict of interest ?

Btw, the Ring Ct in Monero is different but it's based on Gregory Maxwell (Blockstream) work. The post of Adam Back seems arrogant for me and it wasn't necessary at all, Shen Noether who implemented Ring Ct in Monero published an article and a whole document about that, where he said:

"Recently the technique

of using a commitment scheme to hide the amount of a transaction has

been discussed and implemented by Bitcoin Core Developer Gregory Maxwell."

You can check here:

https://eprint.iacr.org/2015/1098

The Tor Project accept donation from Bitcoin and Monero but... where is privacy on Bitcoin ? 🤣

Don't pay attention to the judgements of others, pay attention to your judgement

#Monero

If life was easy, it will be called Paradise

#Monero

We fall to rise better, not to stay down

#Monero

The fight is not over, it will never be

#Monero

Be ready to fall for freedom, or you will never have it

#Monero

Never give up your financial privacy

#Monero