BodhiSATtva on Nostr: I have read and studied some of the work of John Nash. I personally think that an ...

I have read and studied some of the work of John Nash. I personally think that an immutable public ledger is more important for transforming the incentive structure of society and forcing a global "truth" and re-aligning incentives. The incorporation of timestamping into proof of work alone creates a new global unified measure of time that has value in and of itself for providing a credible proof-of-existence for anything we want to inscribe into the blockchain... like the hash of a document so that we can prove it hasn't been modified in the future.

If we're speaking solely on the function of money being anonymous cash then yes I agree Monero is superior to Bitcoin, as of right now.... But technology usually scales in layers and I see Bitcoin as providing the foundation for an entirely new world. I believe it is a forcing function on society. I don't think that Monero has the same promise for inflicting social change because it doesn't have the same incentives for global mass adoption.

Monero won't be the foundation of the world economy because people won't trust it... But Bitcoin's transparency and open nature inspires more trust, I believe. The fact that plebs are dropping out of well paid coding careers and hedge funds and wall street to help further the mission of Bitcoin is confirmation of this, for me.

"The system" is far more likely to be co-opted by Bitcoin than Bitcoin is to be co-opted by "the system", in my mind. I don't see a realistic path for Monero to become a globally accepted money due to political and geopolitical forces.

Yeah, it's helpful for many use cases, but are normies going to onboard to Monero? I don't see a high enough probability that happens for me to care much. I want global change that persists, not a safe space for me to hide in and transact with my shadowy friends outside the system.