Oddbean

That's the main difference between Monero and Bitcoin. We are freedom maxis and >95% of people know why they own Monero. Bitcoin has been such a success because price appreciation marketed it to fiat maxis. Monero's success is growing in the dark.

I don't disagree. However, nobody cares about monero in reality, and the economic value keeps going down. What good is keeping one's savings privately if it constantly loses purchasing power? Better off keeping and using cash. Monero will keep trending towards zero against bitcoin and even the USD. Perhaps to go in and outnof via atomic swaps, but not really much else use for me. 95% of my bitcoin is kyc free, and completely separate from the kyc. That's just as private, however also provable as needed. To each their own.

To be fair, the vast majority of the world doesn't care about Bitcoin or Monero. If you believe Monero will continue to downtrend, why not just use it for transactional privacy and continue saving in Bitcoin? Cash is great locally but: Cant send cash instantly to anyone on the planet. Cant carry unlimited amounts in your head to avoid confiscation and theft. Issuance is centralized. Inflation is unpredictable. Difficult to verify authenticity of bills on-the-fly. No mechanism to verify supply. Not as easily divisible. Need to carry specific denominations for change. Can't trustlessly exchange for crypto (no atomic swaps) Different people can't have simultaneous ownership and control over the same cash (multisig) no-KYC Bitcoin doesn't make it private. No actions are hidden. Anyone in the world can see what you do, so you're more vulnerable to chain analysis. It does make it kind of anonymous though (hidden identity). Privacy and anonymity are both important to have.

It is anonymous, not private, correct. Being private defeats the point of having an open ledger that TX can be verified. I have no idea what I would ever do with monero. Nobody accepts it, there isn't online betting with it, I know literally 0 people that own it and would take it as a tip, for dinner payback, etc.. So what am I using it for? Transact how? I can't send zaps, or play blackjack, or buy something at my local Cafe or even buy and sell it at my local ATM like I can bitcoin. It lost 30% the other day when binance delisted. Soon the remaining ones will, as there is no reason for them to exchange and hold it. It's a great concept, but lost the battle. There is no use case currently that would be beneficial FOR ME. And most of even 'crypto' users. Perhaps I am missing something, but what?

You're right. If you don't have a need for it or find it useful then you don't. I'm simply saying there are more use cases for it and people who use it than you may think. Here is a large directory for places to spend it on white markets: https://monerica.com/ Here is a growing p2p white market: https://moneromarket.io/ @Mapletrade sells great maple syrup https://gratuitas.org sells great coffee @AUPA sells great pemmican bars Most FOSS privacy projects and businesses accept payment and even prefer donations in Monero (Tor, IVPN, Mullvad, SimpleLogin, AnonAddy, SimpleX, Molly, GrapheneOS, Silent Link, CoinCards, ShopInBit, etc) ...and of course it is the preferred and rising star of Freenet Markets Can't find a place you would spend? Only care about anonymity? Worse case you can purchase giftcards and virtual debits (more widely accepted than Bitcoin) cheaper using Monero (They don't know you were the one who purchased it - little to no info required at purchase - and you could have been given it as payment or as a gift from someone else): https://coincards.com/ https://www.coinsbee.com/ https://buy.cakepay.com/ Buy things from Amazon using Monero. The person buying it for you doesn't know who you are or your address. Amazon doesn't know it was purchased with Monero. https://monezon.com/ Atomic swaps popping up everywhere. BTC swaps: https://unstoppableswap.net/ https://basicswapdex.com/ https://code.samourai.io/wallet/comit-swaps-java/-/releases ETH and BCH have one and I see discussion amongst LTC for it. https://github.com/AthanorLabs/atomic-swap https://github.com/PHCitizen/bch-xmr-swap Serai and Haveno DEXs probably releasing sometime this year. Saw discussion amongst Thorchain DEX to introduce it (use asgarDEX frontend to avoid problems with the "official" frontend). You can also get it the old fashioned way with fiat p2p via LocalMonero or Bisq I think versus other crypto Monero is actually winning a battle that is not over yet. It's becoming less reliant on TradFi and centralized institutions...all this adversarial pressure is strengthening it...Less speculation, paper trading price manipulation, custodians, and KYC. This is the crucible. If it survives delistings it can survive anything. I don't think any other crypto would do this well in the same situation including Bitcoin. Many "privacy" coins also caved in to Binance demands of changing the protocol to suit them.

Cool. Thanks. I'll take a look. I've browsed the market before, for sure not my style. I'm betting in 10 years monero will be worth nothing, hence nobody will hold it. But I could certainly be wrong. All good, appreciate it!

What does this even mean? nostr:nevent1qqsq8rlz0y4g8eu9gw5d0utz5zz5gdy8ejzypuz2jh2dnzfafz7tnmqprfmhxue69uhhg6r9vehhyetnwshxummnw3erztnrdaksyg93xwlu27ldv8per48gl9fmjpk879cfcsudj8r4ldk6772yn4tcn5psgqqqqqqs2aqr6s

A quick --checks engine-- searx search reveals that a fiat maxi is someone who "maintains the view that we will all continue with the fiat standard. They also often try to lump Bitcoin and “crypto” together."[1] Opposite of bitcoin maxi an example of fiat maxi behavior is buy and dump for short term fiat profit 1. https://cryptonews.net/news/analytics/18901397/

Moot point / strawman🤦‍♂️ Nobody said anything about "most bitcoin" lol Maybe this will help your reading comprehension: It's an example behavior from fiat maxi behavior Not the behavior of most 🤙

Means they only see the US dollar value of their #Bitcoin. Like looking at a forest and only seeing the US dollar value of the lumber. Not even seeing the lumber, just a $ and digits after it. #fiatMaxis

👇💜🧡 nostr:nevent1qqsf5hl6lz9tu54ulp5u0772t3q062lfvm39s69yscwgdzjk9xl7etqpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqzypfqafahw4r9dwfsd5qumf5xj9nw4tej836rcavcsn4ndu0z6f535qcyqqqqqqgwt5r9n