What is Nostr?
SaberhagenTheNameless / Saberhagen The Nameless
npub14a6…z6rn
2024-12-12 08:21:43
in reply to nevent1q…kevj

SaberhagenTheNameless on Nostr: Your plausible deniability with Monero is much higher vs coinjoins since CJ is ...

Your plausible deniability with Monero is much higher vs coinjoins since CJ is optional (you have to do something extra to achieve it), more expensive (can't claim to be doing it only because it is cheaper), and a smaller anon set (only your CJ peers instead of a global pool of users). Monero is factually better for private transactions. That fact alone doesn't even contest Bitcoin as an SoV, so I don't know why you can't just admit that.

500+ Wasabi CJ'd Bitcoin a day divided by ~440,000 Bitcoin worth of transactions a day is not even 1% of transactions (0.1%). Exceedingly tiny.

Dogecoin is outperforming Bitcoin *today*. You asked and I showed you what the market thinks. We can guess all we want about the future but that is speculation.

Rothbard/Mises are saying MoE is the most important aspect of money. It's foundational. Even going so far as to say SoV is derived from that and not necessary.

The BTC dominance chart clearly shows shitcoin demand outpacing demand for Bitcoin. You say the market is always correct, but when inconvenient it's just people FAFOing.
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npub14a6q6xvt4wuv0wpdpfr336e4fweldtu6np3ehpw55h83xuw2h2zsgyz6rn