Oddbean new post about login | logout wut? Blackrock is buying up BTC and maxis are cheering it on, meanwhile they've pressured almost every CEX in the Western world to delist Monero and you say governments would pick Monero if they had the choice?? That's just obviously not what's going on.
Governments want secrecy and control. Monero and fiat are similar in that regard. By using fiat governments retain both. They will never choose monero because it is inferior to fiat gor yheir purposes. The reason governments are buying bitcoin is because game theory is forcing them. If fiat was not an option then corrupt institutions would prefer monero to bitcoin to obfuscate their criminal behaviour. One thing criminals don't tolerate is competition. They have no sense of freemarkets because free markets are morally ethical. Fiat monopolists won't tolerate monero as they won't tolerate a moneyprinter in your basement. Bitcoins ethics forces governments to play nice otherwise they look like dictators when they ban it putting them in a hot seat with their constituents. Bitcoin forces behaviour where monero obfuscates action. You decide which is superior and allocate accordingly.
found the Breedlove fan. i prefer facts and information to arbitrary fantasy and hopium. but as you say, the reader can decide.
I am also a breedlove critic. Do you want facts? What facts? I'll go get them for you.
You have said nothing of substance yet. This is not a conversation, just you on a soapbox spouting theory. You don't know enough about Monero to criticize it You're just regurgitating Maxi taglines to be a team player. throw down some facts or GTFO
GTFO of where? Fact: Monero is trending to zero against sats. Fact: Monero is a musical chairs game trying to fix bitcoin like zcash, dash and litecoin. When the scheme fails some slowly some quickly everyone ends up back at bitcoin because that is where the honest labourer is going to receive fair wages and save value in. Forever. So monero is fun. Cool beans. Might be useful. It will be used by those who are dissatisfied with the properties of bitcoin. I admire bitcoin for the same reasons you dislike it. Transparency. This is a fundamental divide.
ok there's one fact there and its true the price is indeed lower than Bitcoins. Fiat prices are indications of speculative interest by institutions and degens. they do not measure value. so it's really weird that people supposedly interested in freedom money bring that up immediately.
Free markets are better at discovering value and freedom is valuable and valued. The speculation is valuable too. It is called signal. To measure signal you need an indicator. From the indicator you measure if your idea is good or bad. It is so easy to understand a little child could figure it out intuitively. You are overthinking it.
Not lower. It's going down forever.
which only means fiat exists and you're measuring prices in it not the mic drop you think
Against sat. I don't think in fiat.
When clever people get tired of arguing many big words to many dumb people they revert and channel their intelligence into a single phrase. Monero is a shitcoin. If you have an honest, unbiased and intelligent mind you will understand this wisdom. If you don't you are a shitcoiner. That was not so hard. Repeat after me. "I am a shitcoiner. I love monero." Honesty is a good thing.
"I am a very clever person that's why I keep writing replies to this one post online" rent free. lol
Either you can fix the money, or you can play whackamole with intelligence agencies. There is no try.
A fully surveilled blockchain isn't helping protect you from governments. Plenty examples of this like BTC Sessions friend getting a nice little knock at the door from the Canadian government to force him to give up his keys. If you want to seperate money from state you need some way to additionally transact with strong privacy.
