> Monero does not solve any Bitcoin problems, Monero has the same problems as Bitcoin and more.
post your main bitcoin address
my monero address is in my profile
how does bitcoin do this ? how has bitcoin ever limited any action of any government, to date.
reminder, you can't use instances of private use since monero does this better and such an example would only support the case for Xmr
xno will never be *the* money because it is not fungible.
it is however *a* money, right now.
you can send 10k around the world through 10 different people and back to yourself without a single fee and in less than 60 seconds, Final confirmation each time.
The major stupidity of Bitcoin's narrative at the present date is assuming there will only be one crypto winner. This is the economic equivalent of saying there will only ever be one kind of underwear.
Some people want simple dumb rough winter work wear, some want sexy lattice work lace with frills. That's Xno.
many havr tried to build only to have core and ita associates use black ops tactics and informational warfare to defund, distract and undermine projects that could have saved Bitcoin.
unlikely on a long enough time line. for what you have just said to be true every single coin ever would be lost and only new coins would exist.
in practice , someone would always be hodling or transacting in it
in other words, some large enough amount might be lost, example 2 million coins, each issuance eats away at that and over time replaced. During that time perhaps more coins are lost, lets say anoth 2 million, All that does is push equilibrium further ahead.
the mechanism is not intended to replace, in real time, lost coins, something no one can know or even attempt to quantify, but to both incentivise mining (network security and efficient tx processing) and stabilize scarcity pressure on price, incentivising use versus hodling like in BTC which is more likely to kill the network through negative behavior patterns and the current small block design)
There is no deflation in Bitcoin. You are using these terms incorrectly.
the *supply* of new bitcoin decreases, this is emission or issuance. This is not inflation or deflation as there is only ever 21m bitcoin.
Monero has a tail emission, which is not *inflation* as no single entity or person can inflate the monetary supplyat will and by anu amount they want. We know exactly how much will be emitted, just like bitcoin. The only difference is Bitcoin stops at a certain date, and everyone hopes fees will be enough to secure the network ( it won't because everyone just sits on their bitcoin and doesn't use it like monero users use monero, as cash).
I am perfectly justified in comparing it to fiat because the study of fiat and gold is where these terms come from.
the black mirror in your hand
#NosrtFixesThis
dero community called it a "bug" and then their main dev, "the captain" disappeared after a non-statement about the issue
nothing worst than paying twice the market rate and the 1st conf still takes an hour.
i really really dislike what they have done to BTC
also, the oracle used for assets and confidential layer is third party custodial.
not much info on the oracle system and code either
yeah and ? why would you need to tx back to bitcoin because of that ? it's not the same as fiat inflation.
> we have lost the war.
yes *you* have. We, non maxi's open to other coins have not.
>with Lightning it can be used perfectly well
it can't even be used imperfectly well. it's shit
>it is preferable to use federated and escrow services
false, it's preferable to use literally anything else, and the market agrees with what i've said. After 15 years people would rather pay ETH gas to use wrapped bitcoin or tether, than lightning.
That ship has sailed. Its not 2010 anymore. there at least 5 coins with better L1 functionality as useable cash than bitcoin.
the store of value narrative occured BECAUSE what you are saying will not happen. That is, after the block size stupidity, small blockers killed btc use as money. it's why we see adoption by LARGE institutions, but no random person on the street would accept btc for a service in the current day, and also in turn use it. No they would immediatley swap it for usdt or something else before the price changed.
Bitcoins best most usuable LN non custodial wallet, Phoenix (one wallet in a 2t market 10 years later, lol) still does not allow small amounts and onboarding, so that excludes most of the world even with an L2! LN does not scale to 8 billion ppl and cannot. Meanwhile several other coins do and some have no fees at all like XNO.
you and most Maxi bitcoiners are living in a fantasy land. BTC is gold and not electronic cash anymore, *because* it has been forced to be through directed sabotage. Gold: Large, clumsy, hard to move cheaply, expensive to secure. enjoy, small blokers.
the paper says p2p electronic cash, not gold btw. monero is cash
we are not in Kansas anymore maxi's
I love you