You cannot put the same savings in both Bitcoin & Monero. They are mutually exclusive networks. You can put the same savings into Bitcoin & have it on a privacy layer built on top of Bitcoin. This, plus Monero's higher inflation rate & the larger scaling challenges, is why it doesn't make much sense to hold Monero at all.
It's not about religious devotion. It's about the unforgiving nature of monetary network effects.
Jeff Swann
npub1ajv…tppj
2024-06-19 03:30:15
in reply to nevent1q…q88s
Author Public Key
npub1ajv7m32k0cpgzha32qszsh304qusjvwwmavus0ttktzldms4xzusuftppjPublished at
2024-06-19 03:30:15Event JSON
{
"id": "cd052452a575e9182649766a53e1d60401d8fca90bd0c4c210e878e95184d277",
"pubkey": "ec99edc5567e02815fb15020285e2fa8390931cedf59c83d6bb2c5f6ee1530b9",
"created_at": 1718760615,
"kind": 1,
"tags": [
[
"e",
"34319dc08995e0a74637827f1edacd353a8c246e386ef1e57af5f587c5051beb",
"",
"root"
],
[
"p",
"4eb88310d6b4ed95c6d66a395b3d3cf559b85faec8f7691dafd405a92e055d6d"
]
],
"content": "You cannot put the same savings in both Bitcoin \u0026 Monero. They are mutually exclusive networks. You can put the same savings into Bitcoin \u0026 have it on a privacy layer built on top of Bitcoin. This, plus Monero's higher inflation rate \u0026 the larger scaling challenges, is why it doesn't make much sense to hold Monero at all.\n\nIt's not about religious devotion. It's about the unforgiving nature of monetary network effects.",
"sig": "0744009a3632fd3f1b9f55649649ea40a15269e042006777c2bc8b87e76d9e43e328856c0b9da129a68dd7a6f64c274c0ac1343bc0e6f986d2acd9c21ddf889c"
}