well played, but appreciate the art and your effort so maybe you can be saved haha
https://giphy.com/gifs/bushes-spicer-correction-COYGe9rZvfiaQ
Scary... They can implement this with no one knowing
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If you have a business that accepts Bitcoin or Monero, post a name or link down below!! Definitely open to spending some Monero
Anyone going to Monerotopia or Monero Konferenco ? I'll be going to both!!
Why is that ? Glad I swapped them all to monero today
What should I use my new pixel 7 pro for ?
In a hypothetical situation, if Bitcoin were to become the new reserve currency. How would we prevent policy control on currency over the currency itself?
Banks could still hyper leverage and manipulate the value of each coin, governments will still implement their social programs and income tax. What do we do about the current debt the country owns?
I’m just reaching out and looking for someone who has the best proposal to implement Bitcoin as the reserve currency they dream for ? Or should Bitcoins end goal be completely different? Yes a capped reserve is important but can’t solve all policy choices..
I also wanted to mention I appreciate our respectful and productive conversation! Not many can do such without cursing or dismissing viable solutions and goals
I think having a productive conversation is important, arguments do not advance the space and that implies being open minded for both sides.
And who says monero people don’t hold Bitcoin. Monero is just a great alternative to offer privacy by default and not need to worry about their transactions.
Monero deserves the same respect as Bitcoin, both parties want a strong digital cash separated from the state, just two different ways to go about it.
100% there are trade offs, the “bloating” of the network is caused by the UTXO set needed to be saved to be used in different ring signatures and allows for full fungibility. The culture of hard forks is always with the intention of improving privacy, security and efficiency. Maintaining these qualities of a blockchain is a cat and mouse game where governments will always improve tracing abilities and Monero needs to do the same to fight back. If a hard fork wasn’t towards those goals, I would drop it in a flash.
Bitcoin’s privacy is multistep and clunky in it of itself with coinjoin and lighting. Plus I wouldn’t be surprised that governments or chain analysis finds a way to track these coins over time due to the transparent layer 1 settlement.
Also another trade off of having multiple layers over an efficient layer 1 is a centralizing effect with larger liquidity running through a specific number of lightning nodes. And how does one keep fees high enough for miners to continue to mine on BTC when everyone is using a second or third layer and there are no block rewards.
But all in all, I definitely think Bitcoin has its place with it being the market mover, the network effect and I want to see mass adoption of the coin. I watch Bitcoin adoption videos in the third world all the time.
But monero also has its place, fully grass root underground currency that gives privacy with no apologize or excuse. People should understand the nuance and pick what coin will best protect them with there specific threat models. Monero is vastly growing and taking over dark net markets, and in authoritarian regimes, monero should be the coin of choice like Lebanon, China, Columbia, Russia… telling people that Bitcoin is uncensorable and not teaching people the proper ways to maintain privacy is a disservice and puts people at risk.
You just scream to me intolérance and ignorance… last time I’ll see your posts, cheers
Currently a topic of discussion, may be a project on the way. I know someone is building a monero social media on a different decentralized platform called Activity pub. You can subscribe to different profiles for monero there but Nostr will be next
Great video on the digital yuans development, fairly neutral stance but in truth tells me how the Bitcoin and Monero community need to prepare, build, spend and educate to protect our freedom. These digital fiat are on the way to G7 and other nations, authoritarianism is tightening its grasp and we are the last resistance!
That gives me the chills
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2nd day on the app! Want to see if this can replace Twitter long term