piriya on Nostr: Though I partially agree with the concept, the problem is you'd still need to convert ...
Though I partially agree with the concept, the problem is you'd still need to convert your Bitcoin to and from Monero and that touch point is really difficult to maintain privacy.
Also, for spending, you'd need a wide adoption, otherwise you'll be forced to spend to a third party who can facilitate payments from one currency to another and when said money cannot store value effectively, adoption is even harder to catch on.
Or am I wrong?
Published at
2025-03-03 01:52:03Event JSON
{
"id": "91c4c420e78036410148854eaea00b89d5fb04ab39639599bd656de55d4f38ea",
"pubkey": "08c9d8c533064607a7f274961f7b375f3d2fc24ba11b77333c76c0d8377ab1f3",
"created_at": 1740966723,
"kind": 1,
"tags": [
[
"e",
"34319dc08995e0a74637827f1edacd353a8c246e386ef1e57af5f587c5051beb",
"",
"root",
"4eb88310d6b4ed95c6d66a395b3d3cf559b85faec8f7691dafd405a92e055d6d"
],
[
"e",
"34319dc08995e0a74637827f1edacd353a8c246e386ef1e57af5f587c5051beb",
"",
"reply",
"4eb88310d6b4ed95c6d66a395b3d3cf559b85faec8f7691dafd405a92e055d6d"
],
[
"p",
"4eb88310d6b4ed95c6d66a395b3d3cf559b85faec8f7691dafd405a92e055d6d"
]
],
"content": "Though I partially agree with the concept, the problem is you'd still need to convert your Bitcoin to and from Monero and that touch point is really difficult to maintain privacy. \nAlso, for spending, you'd need a wide adoption, otherwise you'll be forced to spend to a third party who can facilitate payments from one currency to another and when said money cannot store value effectively, adoption is even harder to catch on. \n\nOr am I wrong?",
"sig": "6863a3112f81cb95d82c9086f34789e99a58d5202bf00fd6e1a14a478ab4006027220e9d6ef2d8012ea40a79a8e9a823db7a345c0c00a3413c3350e1fdad3ed3"
}
