What is Nostr?
AgoristView / JeffSwann
npub1ajv…tppj
2024-06-17 23:45:30
in reply to nevent1q…50se

AgoristView on Nostr: Bitcoin sidechains make way more sense than adding exchange & price volatility risk ...

Bitcoin sidechains make way more sense than adding exchange & price volatility risk to make a private transaction. It doesn't really make sense to use Monero at all.

Monetary network effects are very unforgiving & I think this will beasically be a "winner takes all" sort of competition.

Unquestionable supply auditablity is more important than perfect privacy.

Stealth addresses & sidechains networked via lightning & other minor improvements will continue to compound bitcoin's privacy potential a little bit at a time. Something like CISA that improves efficiency in terms of on chain footprint while also improving privacy would be ideal.
Author Public Key
npub1ajv7m32k0cpgzha32qszsh304qusjvwwmavus0ttktzldms4xzusuftppj