Monero is as much an upgrade to the monetary base system as BTC.
It has trade offs. But tail emission is not here because people in Monero like disinflation. It's here because there is a security trade off between a solely fee based system and one that is miner incentivised.
Monero is auditsble, just like BTC is auditable. Through a node.
We came to understand that most Bitcoiners are not as much into mathematics and cryptography as people in Monero and hence are slightly more motivated by economic theory than cypherpunk philosophy. But if one trusts the cryptographic primitives of Bitcoin one can also trust the primitives (well known and understood by many people) in Monero.
If you choose to be a maxi that is fine by me. You are a free man. But it's not wise.
Wise is acknowledgeding that everything has trade offs and trade offs are meant to be traded or hedged.
100/0 maxi
80/20
50/50
20/80
0/100 maxi
I am a freedom maxi which means I value both economic fundamentals and privacy. As Monero's economic approach is sound I am mainly in Monero (still hedging with BTC).
Those who are solely in Bitcoin but not hedging in Monero haven't done a proper risk assessment and likely will suffer just like those who are fiat maxis and never considered to hedge their USD position with BTC.
The world is complex. Treat it as such. Markets are here to master complexity in TRADE offs.
npub1ah…cl76e
2024-08-03 08:51:58
in reply to nevent1q…rvfq
Author Public Key
npub1ah3aj4mhfew4c7txfdd4paf3wr5syntkeyxenl9fxf9rejte2wpqwcl76ePublished at
2024-08-03 08:51:58Event JSON
{
"id": "9d4db9e41bc53a133933cf4896859c79f23fa16bfb6b7ccc723c84743b12bd65",
"pubkey": "ede3d957774e5d5c79664b5b50f53170e9024d76c90d99fca9324a3cc9795382",
"created_at": 1722667918,
"kind": 1,
"tags": [
[
"e",
"f7df2a3fa3fce8b40177aa7893080cc75f0f6c68639e7b74213b9bed2b827309",
"",
"root"
],
[
"p",
"b9360cd808b24ecbfd03575f3d637b1e62ca9fea415ac67b6c5b11ef15f28d06"
],
[
"monero",
"88hs4UaKnDv4QKqsBN146oMSD12WmgVsg5fEna9M2eHdhFAUKbQc6png5bMcjiSroSFVWZLCf7xkhZPoZUGtRizLEP7mtSz",
"1.0"
]
],
"content": "Monero is as much an upgrade to the monetary base system as BTC.\n\nIt has trade offs. But tail emission is not here because people in Monero like disinflation. It's here because there is a security trade off between a solely fee based system and one that is miner incentivised.\n\nMonero is auditsble, just like BTC is auditable. Through a node.\n\nWe came to understand that most Bitcoiners are not as much into mathematics and cryptography as people in Monero and hence are slightly more motivated by economic theory than cypherpunk philosophy. But if one trusts the cryptographic primitives of Bitcoin one can also trust the primitives (well known and understood by many people) in Monero.\n\nIf you choose to be a maxi that is fine by me. You are a free man. But it's not wise.\n\nWise is acknowledgeding that everything has trade offs and trade offs are meant to be traded or hedged.\n\n100/0 maxi\n80/20 \n50/50\n20/80 \n0/100 maxi\n\nI am a freedom maxi which means I value both economic fundamentals and privacy. As Monero's economic approach is sound I am mainly in Monero (still hedging with BTC).\n\nThose who are solely in Bitcoin but not hedging in Monero haven't done a proper risk assessment and likely will suffer just like those who are fiat maxis and never considered to hedge their USD position with BTC.\n\nThe world is complex. Treat it as such. Markets are here to master complexity in TRADE offs.\n",
"sig": "fc9a1cdd660e8ab4af14a7e0dd67f114241c9aef6df15182caba2431ae63921b456a4ddf3c08959ecc92456a232a3472fe40df18b40b1e1a939839d46766f778"
}