telluride on Nostr: The Best “alt-coin” analogy I’ve seen yet is Esperanto. ...
The Best “alt-coin” analogy I’ve seen yet is Esperanto.
https://en.wikipedia.org/wiki/Esperanto
—Esperanto was an international language invented at the turn of the century to cut down on the labor of learning foreign tongues.
The First mover advantage isn’t more evident than it is here.
No one gives a shit when they have something that works well enough.
Maybe one of these alt coins is “better” than Bitcoin. It doesn’t matter. We have Bitcoin and it works.
Layer 2 can (and will) solve BTC privacy concerns.
⚡️⚡️Reposts that reply will get 3 digit zaps⚡️⚡️
🧡👊🏻🍻
https://en.wikipedia.org/wiki/Esperanto
—Esperanto was an international language invented at the turn of the century to cut down on the labor of learning foreign tongues.
The First mover advantage isn’t more evident than it is here.
No one gives a shit when they have something that works well enough.
Maybe one of these alt coins is “better” than Bitcoin. It doesn’t matter. We have Bitcoin and it works.
Layer 2 can (and will) solve BTC privacy concerns.
⚡️⚡️Reposts that reply will get 3 digit zaps⚡️⚡️
🧡👊🏻🍻
quoting note1qqq…2rcnThe latest trend among bitcoineirs is asking monerobros how many transactions happen on LN or "give me a LN transaction", the issue there is of course no one can tell if there is a script kid sending millions of LN payments back and forth to itself, making this a useless debate that does not measure any meaningful economic activity, nor its privacy.
What you can do on the other hand, is actually provide them real world data of real economic activity, which we do have, like shopinbit's latest volume data:
https://x.com/shopinbit/status/1889584085057896498
You can easily see that Monero :default: takes the lead on January 2025 at 56.3% of their volume of payments, while LN ⚡ does a mere 0.4%. That's a really low tx count for real economic activity, plus a really low anon set and not much privacy if you think those users either use custodial wallets or are connected to a large LSP, or even if doing LN perfectly, they are still a small crowd.
Next time a bitcoiner challenges you, challenge them to create a real world business, take LN and Monero as payment, and tell us how it goes! We already have the data, now it's their turn to complete the challenge.
If you want to try a Monero-based nostr client, check out moStard (npub1m0s…02vt) and if you want to get some XMR KYC free, I recommend robosats or retoswap. And share this with a bitcoiner friend
