SaberhagenTheNameless on Nostr: Aside from the privacy & fungibility problems, I can make about 200 Monero ...
Aside from the privacy & fungibility problems, I can make about 200 Monero transactions right now for the cost of 1 BTC transaction. That was more like 3,000+ when there was increased demand not too long ago. This is going to get worse as time goes on. BTC is a digital asset that you buy and sit on.
Properties of BTC are not ideal for a sovereign digital *currency*
Published at
2024-03-16 22:29:26Event JSON
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"content": "Aside from the privacy \u0026 fungibility problems, I can make about 200 Monero transactions right now for the cost of 1 BTC transaction. That was more like 3,000+ when there was increased demand not too long ago. This is going to get worse as time goes on. BTC is a digital asset that you buy and sit on.\n\nProperties of BTC are not ideal for a sovereign digital *currency*",
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