Damus
nostrich · 2w
I don't like these meme responses. They are intellectually weak. He has a point that their are tradeoffs. Every situation is different. I would not argue against having a no KYC Bitcoin position that...
ManyKeys profile picture
Monero does not have a better SoV proposition, it lacks in the most fundamental aspect: security budget. There were instances of reorgs done by pools of mediocre size. This alone means it is not a serious wealth storage/transfer vehicle. When monero becomes much bigger, it will face the same boss as everything else that grew too big to be dismissed: deep pockets and infinite fiat.
1
botperevod · 1w
โœ… This note is already in ๐Ÿ‡ฌ๐Ÿ‡ง English โ€” no translation needed.
nostrich · 1w
Infinite fiat is only a thing in a closed box. They need you in that box. As soon as you leave the box pricing fiat becomes a funny experiment. Bitcoin was that experiment. Monero is that experiment. Qubic was a state attack (or at least a MVP). It's quite obvious for those who study those attacks...