BTCapsule 🏴🧡 on Nostr: Right, I agree with all of this. Bitcoin IS that one monetary unit. A sidechain is ...

Right, I agree with all of this. Bitcoin IS that one monetary unit. A sidechain is not an altcoin. It is bound by the 21 million and hashing power of Bitcoin.

You do not exchange your Bitcoin for a Monero and use their blockchain. You exchange your Bitcoin for a Bit-Monero that could have additional features and you can run your own node. When you convert back to Bitcoin, the Bit-Monero is burned.

It just steals all the altcoin’s technology and makes any potential use-case obsolete on anything besides Bitcoin.