LiberLion on Nostr: Which ecosystem is libertarian, #Bitcoin or #Monero? Libertarianism is a political ...
Which ecosystem is libertarian, #Bitcoin or #Monero?
Libertarianism is a political philosophy that prioritizes individual liberty and autonomy, advocating for minimal government intervention in both personal and economic matters.
Bitcoin is not considered libertarian because it lacks the anonymity and fungibility that Monero offers, and that is the main impediment to avoid regulation and intrusion by centralized regulators.
We see more and more institutional money entering the BTC ecosystem and that brings more and more regulations and less and less market freedom.
While Bitcoin was created to enable peer-to-peer transactions with transparency, on the other hand, Monero, developed by libertarian-minded individuals, prioritizes privacy, fungibility, and anonymity.
That's why the Monero community is more philosophical in ideals than the prevailing Bitcoin idea of investment.
Libertarianism is a political philosophy that prioritizes individual liberty and autonomy, advocating for minimal government intervention in both personal and economic matters.
Bitcoin is not considered libertarian because it lacks the anonymity and fungibility that Monero offers, and that is the main impediment to avoid regulation and intrusion by centralized regulators.
We see more and more institutional money entering the BTC ecosystem and that brings more and more regulations and less and less market freedom.
While Bitcoin was created to enable peer-to-peer transactions with transparency, on the other hand, Monero, developed by libertarian-minded individuals, prioritizes privacy, fungibility, and anonymity.
That's why the Monero community is more philosophical in ideals than the prevailing Bitcoin idea of investment.