rogue tek on Nostr: You are getting information from articles and videos of more then 2 years ago, take ...
You are getting information from articles and videos of more then 2 years ago, take from an interview made in a anything-crypto channel where the audience is not looking for a bitcoin-maxi. Saylor is also famous for his anti-bitcoin tweet in the past, completely changing its position in 2020. He become way more maxi during 2022 and 2023.
Monero is a good technology but it does fall in the hard cap fallacy, making it inflationary as any current currency.
Bitcoin in its layer 1 is and will never focus in a privacy way because as Saylor said, the value is in the open and fully trasparent ledger. Differencies can be made when you look into the layers 2 (as Lightning Network), here possibilities are bigger because their protocol are shaped to integrate more programmable functions, like Monero's ones.
Just listen to his newer interviews. I don't ever recall him to talk about any other "crypto" because with a second and third layer everything can be done just with Bitcoin.
Bitcoin in layer 1 will never be a currency because its main focus will always be decentralization and security. The Trilemma is clear, and the layer 1 sacrifice the scalability part, making it possible in others layers.
Published at
2023-09-28 11:41:31Event JSON
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"content": "You are getting information from articles and videos of more then 2 years ago, take from an interview made in a anything-crypto channel where the audience is not looking for a bitcoin-maxi. Saylor is also famous for his anti-bitcoin tweet in the past, completely changing its position in 2020. He become way more maxi during 2022 and 2023.\n\nMonero is a good technology but it does fall in the hard cap fallacy, making it inflationary as any current currency.\n\nBitcoin in its layer 1 is and will never focus in a privacy way because as Saylor said, the value is in the open and fully trasparent ledger. Differencies can be made when you look into the layers 2 (as Lightning Network), here possibilities are bigger because their protocol are shaped to integrate more programmable functions, like Monero's ones.\n\nJust listen to his newer interviews. I don't ever recall him to talk about any other \"crypto\" because with a second and third layer everything can be done just with Bitcoin.\n\nBitcoin in layer 1 will never be a currency because its main focus will always be decentralization and security. The Trilemma is clear, and the layer 1 sacrifice the scalability part, making it possible in others layers.",
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