Andrew "weev" Auernheimer's avatar
Andrew "weev" Auernheimer 1 month ago
XMR is not a shitcoin. It is the actual literal fulfillment of Satoshi’s vision and desires for a currency free of state manipulation. Satoshi literally said of ledger privacy, exact quote, “If a solution was found, a much better, easier, more convenient implementation of Bitcoin would be possible.”
Not a suggestion
Not a suggestion
 In the same thread he describes a ring signature scheme! He wasn’t talking about L2 of any sort. Not a sidechain. Not merge mining. Satoshi thought that privacy should be on the base layer. But Core is captured by a multitude of people who want ledger transparency, Saylor and Blackrock, who say that it would be bad for institutional centralization for Bitcoin to adopt ledger privacy. Monero means money. Until Core’s current subversives are fired and prioritizing implementing privacy by default, Monero is the real Bitcoin. Most everything else is financial spyware, and a shitcoin.
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Majestic Entity's avatar
Majestic Entity 1 month ago
I was a bitcoiner, who dabbled in Monero for a time. I came to the conclusion that monero suffers scalability and the privacy that we have had on bitcoin for a long time now actually obsoletes the need for monero, without sacrificing scalability. Bitcoin has stealth addresses now, coinjoining including spending from coinjoins similar to Moneros ring signatures. As for confidential transactions, bitcoin's lack of that is actually a feature not a flaw. Monero, zcash, liquid layer all suffered from vulnerabilities and known or potentially undetected inflation bugs. I am not aware of any confidential transaction implementation that was not vulnerable at one point. I'd rather take bitcoins assurance of lack of inflation, and security on bitcoin and have privacy on higher layers. Also, lightning is now nearly perfect privacy, with very high scalability. For monero, I respect the devs behind it and the technology, the technology is cool, but I see bitcoin as the winner for money. Bitcoins privacy we have now, makes monero no longer relevant.
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