Monero is a bad store of value asset, meaning you need to swap in and out every time you want to use it, else you lose purchasing power. These swaps reduce the anonset further.
If you instead open a LN channel with a non-kyc, conjoined Bitcoin UTXO, you can spend when and where you want privately, without losing purchasing power over time.
Bada₿it
npub1zz…dzzla
2024-02-07 19:07:38
in reply to nevent1q…wwjm
Author Public Key
npub1zzuka8hslt0v8hcjzps05650w6wqxahwvh64dj5ndlcn24tecnrsvdzzlaPublished at
2024-02-07 19:07:38Event JSON
{
"id": "15febb9c7e8bcf9bb8806791507ef168563ca449a0bee751c51e0770340d18ad",
"pubkey": "10b96e9ef0fadec3df121060fa6a8f769c0376ee65f556ca936ff1355579c4c7",
"created_at": 1707332858,
"kind": 1,
"tags": [
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"content": "Monero is a bad store of value asset, meaning you need to swap in and out every time you want to use it, else you lose purchasing power. These swaps reduce the anonset further. \n\nIf you instead open a LN channel with a non-kyc, conjoined Bitcoin UTXO, you can spend when and where you want privately, without losing purchasing power over time.",
"sig": "961b4fef2183d35298400673dcae65d66046f0ed520012d837c613927cd81c823c1d788c58e26d63c1a233690422c3358840326160ade8ebd22dcf12d4855457"
}