We are not maximalists. We are celebrating every development that leads to better privacy plike Bolt12. In the end its also better for Monero if Bitcoin upgrades its privacy.
But we believe that 99% of people need privacy out of the box or it will fail. It's great that the Bitcoin cypherpunk after putting 100s of hours of research into their OpSec can handle BTC privately. But 99% will never reach that point. So anything that is not protocol level privacy will have to be added by projects in top of which at least some have the interest or are forced to by governments to collect data.
See. Most Monero people are early Bitcoiners. It's our roots so we have mad respect of what has been achieved. But at the same time we concluded that Bitcoin lacks in some aspects.
But as free markets are a great way to hedge there is no problem. I can hold both and gain the upsides of each coin without having to live with the downsides. "Trade offs" they call it not without reason.
The maxi position is anti hedging and doesn't acknowledge trade offs. In that sense I am neither a BTC nor a XMR maxi. I value freedkm, the cypherpunk ethos and I will fight for better tools. Calling out weaknesses as I am not intending to sacrifice my friends and family. So I tell them about perceived weaknesses in BTC and XMR.
npub1ah…cl76e
2024-06-23 18:10:23
in reply to nevent1q…q7sq
Author Public Key
npub1ah3aj4mhfew4c7txfdd4paf3wr5syntkeyxenl9fxf9rejte2wpqwcl76ePublished at
2024-06-23 18:10:23Event JSON
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"content": "We are not maximalists. We are celebrating every development that leads to better privacy plike Bolt12. In the end its also better for Monero if Bitcoin upgrades its privacy.\n\nBut we believe that 99% of people need privacy out of the box or it will fail. It's great that the Bitcoin cypherpunk after putting 100s of hours of research into their OpSec can handle BTC privately. But 99% will never reach that point. So anything that is not protocol level privacy will have to be added by projects in top of which at least some have the interest or are forced to by governments to collect data.\n\nSee. Most Monero people are early Bitcoiners. It's our roots so we have mad respect of what has been achieved. But at the same time we concluded that Bitcoin lacks in some aspects.\n\nBut as free markets are a great way to hedge there is no problem. I can hold both and gain the upsides of each coin without having to live with the downsides. \"Trade offs\" they call it not without reason.\n\nThe maxi position is anti hedging and doesn't acknowledge trade offs. In that sense I am neither a BTC nor a XMR maxi. I value freedkm, the cypherpunk ethos and I will fight for better tools. Calling out weaknesses as I am not intending to sacrifice my friends and family. So I tell them about perceived weaknesses in BTC and XMR.",
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