Cykros
· 3w
When the product is money, or really anything where network effects matter, I think you'll find that purity spiraling gets you nowhere.
See: betamax.
And this is leaving out the matter of most of th...
I fundamentally disagree. To me it's a matter of priority. Monero doesnt have arbitrary data littered into transactions and the new bitcoin hardfork won't either.
To me it's about trusting the network to prioritize future full nodes, and I dont believe core and the industry built around bitcoin cares much about sovereignty and future indiviuals who demand it.
To me this has been the equilivant of the decoupling event of the dollar with gold. Without the gold you will lose the trust that was built over a timeframe. I have no idea what that timeframe to be.
I personally wont hold wealth in something that I think will be losing trust instead of gaining it overtime.
Network effects wont save the dollar either, but it can keep it around longer than justified.