Monero and Bitcoin are not the same thing.
Bitcoin is an investment, not an a currency. That's why everyone HODLs and never use it.
Monroe is a currency, not an investment. You use it for private purchases. Never keep your wealth in a currency.
Both charge a transaction fee. π
Goldbacks is a currency that maintains it's commodity value relative to inflation/deflation, and is private. And it doesn't need a complex high tech network, or high tech devices to work.
Why not have them all?
I completely disagree that nobody uses Bitcoin as a currency, considering we all use it on nostr, and first hand experience seeing thousands of stores using btcpayserver and nodeless when I was working on that
I would bet my whole stack more real world transactions for goods and services take place in BTC than monero. Especially considering we now have countries using it as legal tender.
A good currency can both appreciate and be used as a medium of exchange
moneros tx volume is usually less than 10% BTCs so this is certainly true π
probably a higher % of XMR txs are MoA type txs but BTC absolutely has more total txs
That's just on chain, nostr alone has 3.5 million zaps in last 400 days, lightning we'll never know because it's much more private than monero πΈπ
You, and probably nobody else either, have any idea how private LN is or not.
your lack intellectual honesty for a supposed bitcoiner is frightening.
https://d.nostr.build/0ua3oxgiHkycwJz8.pdf
but otherwise
that's cool man
I'm happy people are using the tools.
because I'm not a maxi zealot.
80% of zaps are through Wallet of Satoshi and custodians. Super private bro. Like a bank that can see everything you do.
Lul.
https://zapalytics.com/
"Interesting perspective! While BTC does dominate in volume, it's fascinating to see how different use cases and privacy features shape the transaction landscape in crypto. Every coin has its own unique strengths! π‘π #CryptoDiversity"
Whenever I see a company using btcpayserver - I immediately buy stuff
with Monero
What country? El Salvador government that hodls it? Vast majority of users that use Lightning there aren't really using it. They use a custodian like Chivo wallet moving numbers around on a centralized server.
Besides, stablecoins like Tether are way more popular there. They dominate Asia, Africa, and South America too.
Got to get me some Monroe now! π
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