Pseudonymity is by design, favouring your privacy. Why link real-world identity to every transaction?

And by extension, given the direction being taken in the UK, Canada and elsewhere with regard to controlling the rental market and its transactions, the Government.

Oh so you just can't use it for IRL purchases seems like a bad design.

🧐🤔 I have been thinking deeply about these issues and KYC v non-KYC and the practicality of not going KYC. Fascinating stuff, much more to discuss and to learn. Considering a long-form Nostr post on this topic.

The real question is why anyone would want to give their 🌽 to a landlord.

earning in Monero remains undefeated

spend and replace until UoA

I would rather earn in Bitcoin due to it being inherently deflationary. There’s more I am thinking about and learning at the moment on this, but similar to what Hal Finney said in Bitcoin’s early days, I don’t think it was ever meant to solve privacy or be used for every day transactions (hence the digital gold nickname, which I think is accurate). I genuinely believe it is perfect sound money and was/is insanely revolutionary, humanity needs the ability to store our labor without being debased. One of the beauties is that you obviously can build on top of it. When it comes to this, I am not sure what this looks like and simply don’t know enough to yet to discuss the ramifications of KYC or non-KYC and the ability to have your stored wealth be spent irl to make a change to your life. I am a Gen Z’er, as you know. My main concern is my future. I want to study hard, work hard, and be able to save without getting absolutely wrecked by saving in USD, Euros, etc. I am not dismissing privacy when I say these things btw. But I definitely disagree with people when they “Bitcoin failed” if it isn’t used for daily transactions.

Gonna be a while.

Monero is better for earning in this context because you dont need to coinjoin for privacy before you pay your bills. I'm not making a general statement about the success or failure of Bitcoin here. (although, as you know , I do think it becomes captured and fails if it isn't a MoE)

Practically speaking though, how does someone pay their everyday bills with Monero? That’s the conversation about Bitcoin that does fascinate me the most. Hal Finney seemed to think it would do just fine as a store of value and eventually leading to “Bitcoin banks,” which is probably likely. I think we are still in the store of value phase, but I am not sure what MoE or UoA m would even look like irl when/if it happens. We can’t seem to get away from fiat ways of thinking, at least I can’t.. it’s all we’ve ever known so I can’t wrap my head around Bitcoin repricing things irl with the $ attached to it. i.e. It’s difficult for me to understand “1 BTC = 1 BTC”

practically, its the same as Bitcoin ie you sell it for fiat and pay your bills with that. its just nobody can see where it came from, hence its superiority. 1BTC=1BTC only makes sense under a Bitcoin UoA. and its not true anyway since Bitcoin isn't fungible

Last time I saw you say that about the fungibility, I looked into it that day and found both sides compelling, although it took my a little bit to understand your position. Not sure where I am on that, but at least I understand where you’re coming from with this reply, lol

it doesn't matter if nodes don't discriminate, people do discriminate.