SaberhagenTheNameless on Nostr: 18,446,744 Monero in circulation. Run a node to verify this yourself just like you ...
18,446,744 Monero in circulation. Run a node to verify this yourself just like you would with Bitcoin.
Idk where you figure that Monero killed itself. It's steadily going up on every metric as far as being used (especially places it actually matters AKA not permissioned white market transactions that defeats the entire point of Bitcoin).
1. Depends on the exploit. Some are harder to find than others. Trade-offs of privacy and transparency.
2. A hardcap means you'll be paying more fees (already true currently), especially in the future with more adoption, and hemorrhaging money the more you actually use Bitcoin as p2p electronic cash. It's a bad design for currency. Even lightning breaks when fees rise even modestly like we saw earlier this year. You can argue that it's better for SoV if you want, but a hardcap doesn't necessarily mean more valuable if you subscribe to subjective theory of value.
https://github.com/libbitcoin/libbitcoin-system/wiki/Scarcity-Fallacy
Idk where you figure that Monero killed itself. It's steadily going up on every metric as far as being used (especially places it actually matters AKA not permissioned white market transactions that defeats the entire point of Bitcoin).
1. Depends on the exploit. Some are harder to find than others. Trade-offs of privacy and transparency.
2. A hardcap means you'll be paying more fees (already true currently), especially in the future with more adoption, and hemorrhaging money the more you actually use Bitcoin as p2p electronic cash. It's a bad design for currency. Even lightning breaks when fees rise even modestly like we saw earlier this year. You can argue that it's better for SoV if you want, but a hardcap doesn't necessarily mean more valuable if you subscribe to subjective theory of value.
https://github.com/libbitcoin/libbitcoin-system/wiki/Scarcity-Fallacy