Why not both?
Monero has advantages that lightning doesn't have (and vice versa). Two basic examples:
1) all of lightning is one big hot wallet, and there is risk of loss of funds if your wallet is offline for extended periods of time.
2) It would be very difficult if not impossible to pay for a very large item (car, house, etc) on Lightning, unless you open a channel directly, which begins being cumbersome, reduces privacy, etc; with Monero, you just send it and forget about it.
For on-chain payments, honestly Monero just takes the cake, while for quality long-term savings, imo Bitcoin takes the cake.
Both are great tools, both have advantages and disadvantages, as well as a lot of overlap, and imo both tools are useful to freedom lovers.
No need to be tribal about any of this.
papafigos / Papa Figos
npub1r5…333vz
2023-11-30 14:14:38
in reply to nevent1q…pv7r
Author Public Key
npub1r5yzptzufjehaduv3du9tlrav4ws9edwuu338s2a06haamc6xlfsf333vzPublished at
2023-11-30 14:14:38Event JSON
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"content": "Why not both?\n\nMonero has advantages that lightning doesn't have (and vice versa). Two basic examples:\n\n1) all of lightning is one big hot wallet, and there is risk of loss of funds if your wallet is offline for extended periods of time.\n\n2) It would be very difficult if not impossible to pay for a very large item (car, house, etc) on Lightning, unless you open a channel directly, which begins being cumbersome, reduces privacy, etc; with Monero, you just send it and forget about it.\n\nFor on-chain payments, honestly Monero just takes the cake, while for quality long-term savings, imo Bitcoin takes the cake.\n\n\nBoth are great tools, both have advantages and disadvantages, as well as a lot of overlap, and imo both tools are useful to freedom lovers.\n\nNo need to be tribal about any of this.",
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