SaberhagenTheNameless on Nostr: Monero: ✅ Not an IOU ✅ Open and decentralized issuance (No seigniorage) ✅ ...
Monero:
✅ Not an IOU
✅ Open and decentralized issuance (No seigniorage)
✅ Issuance requires PoW (Not arbitrarily rehypothecatable)
✅ Issuance is stable and predictable
✅ Your tokens don't instantly become useless and worthless when a mint shuts down (0 in bitcoin terms)
Ecash is cool, but let's not pretend it has no major downsides, or that Monero doesn't have it's own perks.
Published at
2024-06-02 06:12:12Event JSON
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"pubkey": "af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85",
"created_at": 1717301532,
"kind": 1,
"tags": [
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"content": "Monero:\n\n✅ Not an IOU\n\n✅ Open and decentralized issuance (No seigniorage)\n\n✅ Issuance requires PoW (Not arbitrarily rehypothecatable)\n\n✅ Issuance is stable and predictable\n\n✅ Your tokens don't instantly become useless and worthless when a mint shuts down (0 in bitcoin terms)\n\nEcash is cool, but let's not pretend it has no major downsides, or that Monero doesn't have it's own perks.",
"sig": "1a9cb22ff7557a935adc1b2bc3dd98ecb841da4eaa9768daca69c0b72de83fa8d83eba8511bc71c8ee7aa1e54c73a0cf93acf49f809930c3f6db054f7114abe2"
}