What is Nostr?
SaberhagenTheNameless / Saberhagen The Nameless
npub14a6…z6rn
2024-11-01 05:53:13
in reply to nevent1q…qrev

SaberhagenTheNameless on Nostr: They traced them after they left Monero just like every other article that has ...

They traced them after they left Monero just like every other article that has claimed this. But "we traced Monero" makes great clickbait.

Cash is great locally but you can't instantly transact with anyone on the planet with cash

-Can't carry arbitrarily large amounts.
-More vulnerable to confiscation and theft.
-More difficult to verify authenticity on-the-fly.
-Issuance is centralized, unpredictable, and doesn't require PoW.
-Not as easily divisible (Need to carry specific denominations and change)
-Can't trustlessly exchange for crypto (no atomic swaps)
-Can't have multiple people with simultaneous ownership and control over the same cash (multisig)
Author Public Key
npub14a6q6xvt4wuv0wpdpfr336e4fweldtu6np3ehpw55h83xuw2h2zsgyz6rn