What is Nostr?
rafael_xmr / Rafael Monero
npub1sae…kuqh
2024-11-25 12:03:20
in reply to nevent1q…2ztt

rafael_xmr on Nostr: that is true, but then priorities now should be first mining decentralization, so ...

that is true, but then priorities now should be first mining decentralization, so that no one nation state can control the transactions in blocks and its emission, and then getting consensus for CT or covenants, but still you can ask around and you'll see how most bitcoiners value the auditability as one of bitcoin's most important features as way to "fight" governments to show them how bitcoin is the scarcest asset ever and all that, and then some will also say how privacy should come in layers or something else

So hiding the amounts on-chain transacted make auditing harder, but that's just it, auditing the full supply is still possible it's just harder cryptographic math that proves the amount is valid, rather than telling everyone what amount everyone is transacting between each other

But getting consensus and pushing a change like this to bitcoin at this point would be a big "fuck you" to all governments out there definitely
Author Public Key
npub1saessfmtu5xwnwh60e0rwnj0e067npv6yxgc7d96algqqart056s5gkuqh