I don't said i live on a Monero standard, we are not yet ready to live neither in a world of bitcoin standard or monero standard, for that we need to push to have more businesses accept the coins directly and have a proper circular economy.
My standard is cash for what i can't buy with monero and everything i can buy with monero i use it.
But yeah buying gift cards for some services is the only option, the thing that i clearly think is nonsense and i refuse to use is banking services that are wolves at a sheeps skin.
They are building the systems that will makes us trapped, and more vulnerable to state agents, system and censorship that all of us oppose.
You are seeing now coinbase for exemple applying a social credit to Bitcoin L1, sooner or later you will see fractional reserve banking with Bitcoin and ecash is the most probable tool they will use for sure for that.
They are testing it in Central banks (words from an interview of calle).
PS: Take time to read Bitcoin Hijacked of Roger Ver if you want to see the other side, don't just eat Bitcoin propaganda.
(The system is really good at selling ideas that go against the public interest like is shinny gold, and many of influencers even here are on some big names payroll)
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I get what you are saying. But even cash is a federal issued debt note printed by banks. This transition may come to fruition at the tail end of our lives, hopefully sooner. Far fewer people use Monero than bitcoin at the moment. And if a merchant accepted monero I'd use it for goods and services as well. I recently got the monero standard to read. But you have to be pragmatic, don't cut your nose off to spite the banks. I believe we can take steps toward the real bitcoin (or monero standard.) And I agree, the banks and institutions are in the process of attempting to box bitcoin into their framework of control. I don't think countries should be buying it. That's going just going to allow them to do what they have already been doing at a larger scale.
What would be the equivalent of lightning in monero? Because the tps for its base layer is slow ๐. Merchants need more speed; which is what lightning offers on bitcoin.
I know it is, but cash if not deposit and used hands by hands takes power from the system, and if we need to use FIAT why don't use that FIAT in cash, to not talk that cash doesn't pays fees to banks to move, cards and credit pays, so with a 50 bank note you do endless transactions, with the same 50 on cards in +- 100 transactions all 50 is from the bank now.
Far people use Monero? ๐
Maybe you are not aware but Monero is the number 1 Crypto used to do P2P payments and transactions by far. I have doubts that you find 1 store that accepts both Bitcoin and Monero that Bitcoin + Lightning is more used than Monero.
In my point of view that is what will happens with Bitcoin, banks and states have something in the hand to control bitcoin, and bitcoin doesnt have the tools to be censorship resistant because core devs and big names from the community doesn't want it. (Who knows why). Mining the way it is build today is a law away from only allow some certain transactions to go through. P2pool on bitcoin was abandon 12 years ago, and if you ask any big name about that, they run from the question. (Who knows why)
FCMP++ is on roadmap for this year, that will do essential 2 things, the first is update the anonimity set from the ring sign from 16 signatures to 100M upgrading the anonimity set and second will allow L2's on Monero.
We are going in the rigth direction, thats why some countries are banning and exchanges delisting, because they know Monero power and that they can't stop it or control it.
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