kgothatso on Nostr: Shouldn't we be seeing adoption of Monero out pacing the adoption of Bitcoin if ...

Shouldn't we be seeing adoption of Monero out pacing the adoption of Bitcoin if monero is the superior technology?

quoting
nevent1q…wup7

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.