Okay, well, using Bitcoin means I definitely don’t get money. Using Monero only means I don’t get money in a hypothetical conspiracy scenario that has never occurred before and where I can’t just wait for a hundred extra confirmations. Ok. I am not attached to Monero. But fungibility is the minimum viable thing that a currency can offer me. I won’t use something without it. If tomorrow Monero was somehow unusable because of widespread attacks, I would tell people to send me Tari. Or Pirate Chain. Maybe even Epic or Beam. But I won’t use a coin that is financial spyware. Ironically, it was also Satoshi that thought it was required to implement in Bitcoin. He said of ledger privacy, “ If a solution was found, a much better, easier, more convenient implementation of Bitcoin would be possible.” — Exact quote: He then goes on to talk about ZK proofs and describes a ring signatures scheme, just like the technologies implemented in Monero. He clearly hadn’t read any of the papers on ring signatures at the time, but he was reinventing ring signatures from first principles. Anyways, Monero has become that much better, easier, more convenient implementation of Bitcoin. If it becomes less easy and convenient I will just switch to another currency that is not captured by Blackrock and Saylor types and turned into permanent financial spyware as Bitcoin has been. I wish I could have stayed a Bitcoiner, but it is Bitcoin that is now absolutely dead set on never, ever implementing any “controversial features” exactly like the ones Satoshi advocated for in that thread.

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I am also an advocate for split-PoW mining, like Tari has (they have three mining algorithms that rewards are split between — one is merge mined with the main Monero chain, the second is ASIC friendly, and the third is optimized for GPUs). Each gets a segment of block space and rewards, to make reorgs harder and discourage extortion via selfish mining. I don’t like proof of stake as the primary consensus mechanism, but I also think intermittent proof of stake every n blocks with a diminished mining reward is also a nice potential validation mechanism to make reorgs harder. Monero endured a sustained 51% attack pretty recently with no double spends. People came out of the woodwork to provide hash power from various sources, myself included. This is our future. This is our children’s future. We’re not going to sit around jerking off when our chain is under attack. We will hold the line. States might be able to come up with a lot of hash power but I can too.
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