HanShan on Nostr: aside from your trivial, stupid and inaccurate objections to the name and users of ...
aside from your trivial, stupid and inaccurate objections to the name and users of #monero
the simple fact Trumps memecoin became so expensive so quickly shows that market cap mostly indicates *speculative interest by cantillionaires*
Unfortunately being on a fiat standard means the fiat price of these things has little to do with their Value.
this is why delistings are gud aktualy. Moneristas want *people to use the tools.* not just play around with them. delistings encourage the education of users who actually NEED the properties of the asset to aquire and use it in a sovereign way.
CEXs are rent seekers.
a tail emission is NOT "Infinite supply." at any given point in time you know EXACTLY how much monero is in circulation. how is that infinite?
it's correct to say "as time approaches infinity, supply also approaches infinity."
and that's a mathematical abstract that has fuck all to do with the real world.
when was the last time you audited the bitcoin supply? right. never.
you're ALREADY trusting cryptographic primitives you dont understand.
it is true moneros supply guarantees depends on different cryptography than is used in Bitcoin. but it is old and well established and its irrational to say you'll trust what's implemented in Bitcoin but not what's implemented in Monero.
And since you bring it up, here's a pod on that very subject that BITBUYBIT (npub1lqv…fx0r) dropped a few hours ago.
https://op3.dev/e/serve.podhome.fm/episode/df3c7f87-bdab-41fe-1438-08dbf068e250/638742385832480278838fa700-8b67-431c-922e-9bbbdad68624v1.mp3
the simple fact Trumps memecoin became so expensive so quickly shows that market cap mostly indicates *speculative interest by cantillionaires*
Unfortunately being on a fiat standard means the fiat price of these things has little to do with their Value.
this is why delistings are gud aktualy. Moneristas want *people to use the tools.* not just play around with them. delistings encourage the education of users who actually NEED the properties of the asset to aquire and use it in a sovereign way.
CEXs are rent seekers.
a tail emission is NOT "Infinite supply." at any given point in time you know EXACTLY how much monero is in circulation. how is that infinite?
it's correct to say "as time approaches infinity, supply also approaches infinity."
and that's a mathematical abstract that has fuck all to do with the real world.
when was the last time you audited the bitcoin supply? right. never.
you're ALREADY trusting cryptographic primitives you dont understand.
it is true moneros supply guarantees depends on different cryptography than is used in Bitcoin. but it is old and well established and its irrational to say you'll trust what's implemented in Bitcoin but not what's implemented in Monero.
And since you bring it up, here's a pod on that very subject that BITBUYBIT (npub1lqv…fx0r) dropped a few hours ago.
https://op3.dev/e/serve.podhome.fm/episode/df3c7f87-bdab-41fe-1438-08dbf068e250/638742385832480278838fa700-8b67-431c-922e-9bbbdad68624v1.mp3