Damus
note1760hv...
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.
nostrich · 9w
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...