Oddbean new post about login | logout Don't follow. How does being off exchanges make it easier to honeypot?
When monero is only in the hands of crypto anarchists then it becomes easier to track and honeypot individual transactions ie buying on darknet
Very weak argument because you could just say the same thing of Bitcoin. But unlike Bitcoin, Monero is literally untraceable if you are only gathering information solely off the blockchain: 1) There is no transaction graph or receivers visible thanks to Stealth Addresses (no connections of senders and receivers) 2) There are no amounts visible thanks to Confidential Transactions 3) And IP address is obfuscated by default even if you aren't behind Tor thanks to Dandelion++ Any outside/offchain mistakes/data used to find users is moot in this case because that would apply tenfold to any other crypto and has nothing to do with Monero itself.
That's it boys. monero is used by ANARCHISTS. what a shitcoin am I right
What do we use to transact with on nostr?
I don't transact on nostr, I use Monero peer2peer, I would never want to leave traces behind that I've ever transacted with someone. wanting to give others zaps to see big numbers is like redditor mindset of wanting upvotes. Nostr has no real anarchists, you should #readdread instead to find people activelly avoiding the government
A real Anarchist would fight central banks by accumulating Bitcoin but it’s ok crypto anarchists know next to nothing about monetary economics and we’re a little too early to see them proven wrong by history
You can't fight central banks if governments can just trace you and send men with guns to imprison you and give up your bitcoin. We already saw how easy it is to do that during the Canadian trucker protests. You like monetary economics? Then you should understand an ideal money requires fungibility and that Bitcoin isn't fungible. https://mises.org/wire/why-fungibility-important-understanding-money-and-crypto
You can’t fight central banks if no one adopts your shitcoin, bitcoin is being adopted much faster than monero and USD
You're delusional if you think Bitcoin is more adopted than USD 😂 But by your adotion-at-all-costs logic I guess USD wins so let's give up on Bitcoin! What good is adoption to fight central banks if 99% of Bitcoin users can be traced and also lacks fungibility on the monetary side?
Nah I’m saying for the 14 years of existence it’s had absolute great adoption which is why we’re chatting about bitcoin on an app that uses bitcoin
Cool, Bitcoin is still a speck compared to USD global adoption. I don't think mass appeal in this moment of time is what makes Bitcoin unique. It has more important properties like p2p, permissionlessness, and self custody. These are the things that make it special and without them it is another paypal. To be fair you keep talking about Monero too so... Nostr protocol is agnostic and has nothing to do with Bitcoin. Maybe you mean these particular clients.
You're delusional if you think Bitcoin is more adopted than USD 😂 But by your adotion-at-all-costs logic I guess USD wins so let's give up on Bitcoin! What good is adoption to fight central banks if 99% of Bitcoin users can be traced and also lacks fungibility on the monetary side?