What is Nostr?
brettinthewoods / BrettInTheWoods
npub1aw5…gjxc
2023-10-02 22:52:58
in reply to nevent1q…dtye

brettinthewoods on Nostr: Always a Bitcoin maxi BUT I dipped my toe into Monero not long ago. Lots of FUD ...

Always a Bitcoin maxi BUT I dipped my toe into Monero not long ago. Lots of FUD surrounding Monero, esp around mining, decentralization, supply audits, etc.

What ultimately turned me off of it was liquidity. Even DNMs are far more likely to accept Bitcoin than Monero. It’s much easier to pay with Bitcoin or turn Bitcoin into USD. Most of the KYC-free buying of Monero involves buying Bitcoin first.

Also pseudonymous, unconfiscatable, and uncensorable are 99.9% as good as true anonymity.
Author Public Key
npub1aw5gl5q3lc4zaq4cdrkynqn54axhhdmsy6wtljz5p9kmuzuclfrsdtgjxc