This makes complete sense to me... How about it, #Monero people? Bring your A-game argument to refute this?🤔 #asknostr nostr:nevent1qqsq4fk0n6yevm2fmsh0rzawlr50u9aydlkstmxljv4m3jkze5t53qgpzdmhxue69uhk7enxvd5xz6tw9ec82c30qgs8t0er2vdwn7vvv2v4hgr3j8jg36k5wkt4xuwk847l634auxl639grqsqqqqqp7h75mz
OPs argument is a little weird. not sure how using Monero is "debasing bitcoin." also "I'd rather use a custodial trusted system than self-sovereign money on a different chain" seems like a religious argument, and not a convincing mic drop.
...a little weird. You are so nice!
Nothing wrong with ecash. That's why vsome Monero devs are already working on it, as there are somevsoecific use cases where ecash makes total sense. But: ecash is custodial. Every custodian has an economic incentive to go fractional. And as mints all have their own anonymity sets it is likely that the theoretical privacy gain shrinks through the limited number of users per mint. All in all. If you don't need to verify in order to trust someone it's a good solution.
He already admitted the *major* difference. One requires trust in a custodian (ecash), the other doesn't (Monero) It's can never be a full replacement for Monero because of that. That being said they each have their own unique advantages. For instance, ecash is: instant, free to transact, and can be used offline. Different tools and use-cases. The Monero "debasing" Bitcoin part makes zero sense
By the way, you can also have Monero-based ecash. There is someone already potentially working on it. https://njump.me/nevent1qvzqqqqqqypzqmajvcqjcvqgxql9ftj4zs95d9t7n9uqnpqpmk357nvjrgn4h79mqyw8wumn8ghj7mn0wd68ytnsdae8getddahx2un09e3k7mf0qyd8wumn8ghj7un9d3shjtnndp5hgen0wf3k2tn0dejj7qpqqeraqwjgqv7an4l28pz4wtwvxeg4swrwyx7gmat7k45gfsysdggstfxxdq
Popping back in to say "Thank You" to everyone who responded to this #asknostr about #Monero.🙏🏻💖😆