mynymbox on Nostr: The inflation from Monero was better as the inflation from Bitcoin. And I guess and ...
The inflation from Monero was better as the inflation from Bitcoin. And I guess and not only my guess is that it will be better in the future as well. Bitcoin is captured now. Bitcoin Devs are the real enemy of Bitcoin now with many many others. Tainted coins will be the future, they will monitor Bitcoin more and more, every transaction. They will flag as much as they can. That's the problem with the fungibility of Bitcoin. Not usable as digital cash. Also the narrative switched from P2P to digital gold. No one wants to use Bitcoin for payments. US will not invest billions in Bitcoin if they can't control it in some way and they will do their best to do so. Starts with KYC everything, stop P2P as much as they can. Bitcoin has also a big problem with censoring transactions. They can do that on the miner level and do it already. So we have here a fully transparent currency which offers zero fungibility, which is fully monitored and they censor it's transaction.
No max limit of a currency is absolute NO problem as long as they can't print or produce it in an uncontrolled way. Monero has a superb controlled way with Tail Emission. Tail Emission is also superb when it comes to keep miners up & running in the future. With Bitcoin we have a game theory as it means the price have to go up forever so that miners are always profitable. This can be a real issue in the future.
I would learn more about Monero as it is really a fantastic way to transact. The best we have now. With Fullchain Membership Proofs Monero has also some kind of a possible Lightning Solution.
I write that as Old School Bitcoiner, in since 2013. I use Bitcoin and Monero in my daily life, private and as company.
No max limit of a currency is absolute NO problem as long as they can't print or produce it in an uncontrolled way. Monero has a superb controlled way with Tail Emission. Tail Emission is also superb when it comes to keep miners up & running in the future. With Bitcoin we have a game theory as it means the price have to go up forever so that miners are always profitable. This can be a real issue in the future.
I would learn more about Monero as it is really a fantastic way to transact. The best we have now. With Fullchain Membership Proofs Monero has also some kind of a possible Lightning Solution.
I write that as Old School Bitcoiner, in since 2013. I use Bitcoin and Monero in my daily life, private and as company.