Thread - Nostr Hypermedia

I’m not an expert on Monero, but while interacting with some of them bros, I don’t think it was ever intended as a Trojan horse. More like a blunt instrument to break down the door. It comes with its own set of tradeoffs, and a different strategy. IMO Monero as a cypherpunk project is the most closely related to Bitcoin’s philosophy. No other shitcoin comes close.

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Replies (2)

Alan ₿ alanbwt@primal.net 1 month ago

Yes, the problem is you still need to trade in/out of it, which is when the privacy breaks down. If it cannot create a sufficient circular economy, its future prospects are extremely limited. And for those use cases where privacy is direly needed, there are already a number of ways you can achieve that with Bitcoin.

Kyma Fi kymafi@nostrcheck.me 1 month ago

It has one massive tradeoff. Tail emissions - An infinite supply in the disguise as “security for miners”, where as BTC is fixed and has more security as it gets adopted. They have no argument against this. Just circular reasoning.