USD and gold have much bigger network effects than Bitcoin. Does this spell doom for Bitcoin? Of course not.
And this doesn't seem to stop DNMs from using Monero more and more.
A public blockchain like Bitcoin can never provide the same privacy on chain. And L2s have their own unique trade offs that Monero doesn't. None are replacements for Monero. It just depends on your priorities.
SaberhagenTheNameless / Saberhagen The Nameless
npub14a…yz6rn
2023-08-07 10:14:39
in reply to nevent1q…07ja
Author Public Key
npub14a6q6xvt4wuv0wpdpfr336e4fweldtu6np3ehpw55h83xuw2h2zsgyz6rnPublished at
2023-08-07 10:14:39Event JSON
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"pubkey": "af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85",
"created_at": 1691403279,
"kind": 1,
"tags": [
[
"p",
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"wss://relay.nostr.band",
"Cyph3rp9nk"
],
[
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"root"
],
[
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]
],
"content": "USD and gold have much bigger network effects than Bitcoin. Does this spell doom for Bitcoin? Of course not.\n\nAnd this doesn't seem to stop DNMs from using Monero more and more.\n\nA public blockchain like Bitcoin can never provide the same privacy on chain. And L2s have their own unique trade offs that Monero doesn't. None are replacements for Monero. It just depends on your priorities.",
"sig": "ac1d2d0c05fe54186463d04c9a937f7fb6d7fc2717844e60812ddcc6b4172708c8ba763740ccdab37da661b110d162d2f8ffc83fc78dce8b7fd3009ab0c69e05"
}