AgoristView on Nostr: It has no exchange value risk & has similar long term storage characteristics to ...
It has no exchange value risk & has similar long term storage characteristics to bitcoin (relative to lightning) without the risk of closed channels or long txn wait times & high onchain costs. So it is particularly good for onboarding newbs. Lightning is being used to bridge ecash, arks, liquid, & any other L2 that anyone can dream up. It's the best of all worlds.
There is an opportunity cost & exchange value risk to holding Monero, there is less acceptance, & swapping between Bitcoin & Monero is much more complicated. Swapoing between Lightning, Liquid, & Bitcoin is much simpler.
Published at
2024-08-12 18:31:50Event JSON
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"content": "It has no exchange value risk \u0026 has similar long term storage characteristics to bitcoin (relative to lightning) without the risk of closed channels or long txn wait times \u0026 high onchain costs. So it is particularly good for onboarding newbs. Lightning is being used to bridge ecash, arks, liquid, \u0026 any other L2 that anyone can dream up. It's the best of all worlds.\n\nThere is an opportunity cost \u0026 exchange value risk to holding Monero, there is less acceptance, \u0026 swapping between Bitcoin \u0026 Monero is much more complicated. Swapoing between Lightning, Liquid, \u0026 Bitcoin is much simpler.\n\n",
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