Turtlesallthewaydown⚡️ on Nostr: You are correct, the points I’ve listed have nothing to do with privacy but ...
You are correct, the points I’ve listed have nothing to do with privacy but everything to do with being a good money.
So the question I pose to you is, if you had the option to receive the best form of money … aka most widely acceptable, best store of value etc, would you accept the 2nd best? Yes if you were doing shady transactions, no if you were just living a modest life.
Don’t get me wrong privacy is super important so I’ve always had a soft spot for Monero due to the problem it solves for but I believe Lightning solves this for Bitcoin.
So Monero might, for a long time, be a good way to spend and obfuscate shady transactions but it wouldn’t be a good place to store my wealth or a good medium to buy groceries or a house.
Ultimately the market is already telling you this.
So the question I pose to you is, if you had the option to receive the best form of money … aka most widely acceptable, best store of value etc, would you accept the 2nd best? Yes if you were doing shady transactions, no if you were just living a modest life.
Don’t get me wrong privacy is super important so I’ve always had a soft spot for Monero due to the problem it solves for but I believe Lightning solves this for Bitcoin.
So Monero might, for a long time, be a good way to spend and obfuscate shady transactions but it wouldn’t be a good place to store my wealth or a good medium to buy groceries or a house.
Ultimately the market is already telling you this.