What is Nostr?
lolipop
npub14s2…feaf
2024-10-22 19:33:02
in reply to nevent1q…t530

lolipop on Nostr: Denying a transaction in Monero is not possible, thanks to the anonymity of sender, ...

Denying a transaction in Monero is not possible, thanks to the anonymity of sender, reicever and amount. Every transactions on Monero is private not public. But in Bitcoin, Ether and others, the censorship is possible and it’s happening everytime on Ether for example where around 50% of the network is censorship compliant. The market can be wrong and it was wrong many times, technically, Monero is just better, more privacy, more censorship resistant, more ASIC resistant, transactions are far less expensive etc etc but the price is a different thing. The market is far more about psychology, if you believe Bitcoin is better is better, you will take it, even if you where wrong. The positive price evolution of Bitcoin doesn’t imply Bitcoin is going better or more adopted, in real life, Monero is taking the place, it already done in Darknet, it will probably be on the clearnet by 5-10 years from now. When it will happen, price will move because of supply shortage, I don’t care about the price btw
Author Public Key
npub14s28hmkqwnchgtzhfhmqchpc4kdjrvktl0kuzr20ywwxfa8zdmas4efeaf