toda on Nostr: That's fine because Monero is both Sov and MoE, how do you know what moneros are ...

That's fine because Monero is both Sov and MoE, how do you know what moneros are thinking exactly ? I think we are united in the same goal, a digital P2P electronic cash (this word is important), and this require privacy where transactions are anonymous, if not, well your electronic money is not fungible like cash, and each coin is an NFT, not so great. Privacy is just the basic, This electronic cash need to be scarce, and that's fine because Monero is pretty scarce, the % of increase is even lower than Gold, even if there is no cap supply like Bitcoin, and honestly it's a good thing because Bitcoin need to rise in price or fee for miners to deal with halving, but at the end it lead to mining centralization whatever, if the price don't increase, fee need to increase, if fee increase, less transaction should happen, so the fee need to increase more and so and so... there is a break point where price stop to rise, fees go the moon, people stop use Bitcoin because it's too expensive, miners can't handle the bill and shut down, leading to even more and more centralization resulting in a monopoly for a few, which will comply to authority because of monetary incentive and the network became fucked by transactions censorship and government overtake behind the scene, deal with it now...

for the security concern, Monero use a different mining algo, ASIC resistant, BCH is concerned by what you are saying, but not Monero. You can have an infinite hashrate, if the majority of miners are compliant and censor transactions, your computer security is useless. If transactions are anonymous, miners can't target a specific blacklisted wallet...

Probably some Monero devs are also trying to improve Bitcoin privacy, maybe you are wrong with moneros, I mean we are not against Bitcoin, but there is huge privacy lack on Bitcoin and Monero fixe it (or is trying to), there is nothing wrong with that, it's not a war and shouldn't be, but it's very difficult to argue that you can have real privacy on Bitcoin because L2 rely on L1 after all, and if the L1 is traceable, it's something like building a castle on the sand, it doesn't work fine... maybe Bitcoiners should try to improve the L1 privacy first, then try to solve the scalability ? But I think you already know what will happen if Bitcoin become untraceable and it's not good for the price, there will probably be a shift in the narrative from the Government and Wall Street, considering this, Bitcoin is stuck, that's why we are seing ossification today and from many years.

The end will probably be Bitcoin to the moon but fully controlled, censored at will, no privacy given, KYC on chain and stuff like that... and there is Monero 🥂