Maxis have to ask themselves what problems was #Bitcoin supposed to solve and is it solving them -

These two things need to be looked at honestly without any bias. I still cannot see any way around it. I have no problem admitting I’m happy when the price goes up because we LIVE in the fiat system. If it isn’t money and just viewed as an asset and isn’t solving privacy nor truly decentralized money, of course I will willingly benefit because everything in my life is still in USD. I’d be dumb to not take advantage of this. 

But are we gonna solve privacy with Bitcoin? Will there be more regulation? KYC, custodial wallets, billionaires, institutions, pension funds, all of this bullshit has to be considered. If Bitcoin becomes the money replacement that we use in the same system with the same policies, with the same oppression every-day-citizens deal with now, what’s the difference? Seriously, what is the difference? At that point it’s just the same everything except it’s Bitcoin and not the USD. Yes, the supply is fixed, but do you think force won’t be used against you if you don’t follow the rules? 

Maybe what I am saying is totally naive, but I’m not afraid to ask the question and raise some concerns. This is why #Monero makes sense fundamentally, but I don’t think it’ll become mainstream money for everyone, probably ever. And I do agree generally that society settles on one money, and as the world goes more and more digital, that likely will be Bitcoin. But again, what is actually being solved with all of this? 

 🥱 

 you have a shitty attitude  

 The price may be getting up, but the freedom is going down, you can see it in mining centralization, you can see it in the ligthning network being 90% custodial that problem too, you can also see that when people try to send coinjoined bitcoin to CEX getting flagged and not accepted, and you also can see it in the mentality of devs and the BTC maxis herd. 

Now my question to you is, what matter if the FIAT number of you Bitcoin is big if you can't use it freely?  

 Yeah I am aware of these issues definitely. I don’t know too much about mining/mining pools in general but I can see the issue.

I’m fully aware too that I can barely use it freely. Each transaction being a taxable event makes it stressful. The way I see Bitcoin is exactly what it is - a store of value, hedge against inflation, “digital gold.” I do think all of these things are true. When I say that and view it that way, I am 100% looking through a fiat/USD lens specifically for the reason that that’s the system I live in and of course I am going to make smart decisions with my money. 

That is also the exact reason why I don’t hail Bitcoin as this new perfect thing that will solve everything, because it’s so clearly been hijacked. I cannot stress enough that I am fully aware of this. I’m a simple guy living in the fiat system that buys Bitcoin specifically to protect my purchasing power because it is so obviously the greatest asset to own, in my opinion. 

 The problem with the pools is with one law passed, they can dedide what pools can allow to pass as a valid transaction and what can't pass, they have a solution for that, P2Pool where miners could mine in a decentralized way that could prevent that but devs put that solutions away who knows why 👀

What makes Monero better and more decentralized than bitcoin is that between 40%/50% of the hashrate is in a P2Pool, a decentralized pools. 

And more, anyone with a normal computer can mine, and that is not the case in Bitcoin  

 if a network uses proof of work it should be asic resistant. no worry about specialized hardware being made by a small number of manufacturers. you can get the hardware at any computer parts store. I have heard the story about asic friendly proof of work enabling a network to become a load balancer for the electrical grid but I don't completely buy it, and it depends on the state cooperating. it's difficult to hide an asic farm. I feel safer under the assumption that the network can still be healthy just in case the state is hostile. you get that with asic resistant proof of work.

I still have reservations about proof of work. it's always going to have a geographic centralization pressure. people who live in places with expensive electricity can't participate in network consensus without stealing the electricity. I can't do mining at my house at all for instance. even heating my home with mining equipment still costs me more than other types of heat. 

on other consensus mechanisms all you need is a laptop with an SSD plugged in and some coins. that's very compelling and might very well be worth the tradeoffs under certain circumstances. at least I can participate. 

 #monero community needs to be more present here at Nostr. I like #Bitcon, I buy #BTC. and….: I LIKE #monero and I BUY #xmr… just can’t get why the majority of bitcoin community always try to talk bad about #monero … maybe there’s any kind of fear or something? 

 they probably fear monero because it's taking the place, already done on darknet, it will eventually be on clearnet, especially because of CBDC. Bitcoiners don't understand Monero is not an ennemy, I hope Bitcoin will improve in privacy 

 They know what is better and what is real decentralization 👀