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npub1mg35...r202 0 months ago
I see the value of Bitcoin in its intangible permissionless scarcity. Unfortunately Bitcoin with build-in KYC/AML supportive functions will never become a sound money. But I can imagine using Monero as a cash, and Bitcoin as a permissionless store of value. These properties of Bitcoin could compete with real estate properties being used as store of value.
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npub1mg35...r202 3 weeks ago
Agree with Monero as hidden treasure but not sure about Bitcoin's loss against the Monero. If it were not for last few months, Monero would be all times low against the Bitcoin. image
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npub1mg35...r202 3 weeks ago
You brought that benchmark "[... ] BTC [... ] even it has lost against Monero in the last years"
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Zarko 3 weeks ago
Permissionless ? government (CCP) and corporations already control BTC mining. Sooner or later they will (cause they can) start rejecting non-KYC transactions
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npub1mg35...r202 3 weeks ago
It is called low base effect, if used without context as an argument then it is fallacy. E.g. In 2024, the real GDP growth rates for Niger and the United States were: Niger: +10.3% United States: +2.8%
Low base effect - Wikipedia
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