What is Nostr?
SaberhagenTheNameless / Saberhagen The Nameless
npub14a6…z6rn
2024-10-05 05:32:33
in reply to nevent1q…053s

SaberhagenTheNameless on Nostr: Privacy was one of the core goals of cypherpunks that predated and led up to the ...

Privacy was one of the core goals of cypherpunks that predated and led up to the creation of Bitcoin

As for advantages of using Monero over cash...
-Can't use cash to transact instantly with anyone on the planet.
-Can't carry arbitrarily large amounts.
-More vulnerable to confiscation and theft.
-More difficult to verify authenticity on-the-fly.
-Issuance is centralized, unpredictable, and doesn't require PoW.
-Not as easily divisible (Need to carry specific denominations and change)
-Can't trustlessly exchange for crypto (no atomic swaps)
-Can't have multiple people with simultaneous ownership and control over the same cash (multisig)

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Author Public Key
npub14a6q6xvt4wuv0wpdpfr336e4fweldtu6np3ehpw55h83xuw2h2zsgyz6rn