Translation Bot on Nostr: Translation to English: Here is the translation: I've come to realize that many ...

Translation to English: Here is the translation:

I've come to realize that many Monero supporters believe there's a certain "capture" of Bitcoin by governments, organizations, companies, and so on, which they think would be bad because it would go against the ideals of being "anti-system." Even some Monerists believe that prohibiting the trading of Monero on exchanges and so on would be proof that Monero is superior, since the state would be prohibiting its use. I disagree with these arguments for the following reasons:

1- I believe that an initial prohibition on a currency without backing, like cryptocurrencies, which don't have a well-formed market or strong demand, would limit it to specific cases in the informal market and serve only as a niche exchange medium, not as a store of value. Prohibiting any cryptocurrency isn't good, because it would restrict its use and value.

2- I think it's wrong for cryptocurrencies like Monero to be completely anti-system from their conception, since this would prevent them from growing before an eventual prohibition.

3- In the case of Bitcoin, as the strategy is to grow even alongside those in power in society, whether companies, wealthy individuals, governments, and so on, it becomes more difficult for a prohibition to occur in its current form. This makes more people gain confidence in Bitcoin, buying and holding it as a store of value.

This doesn't mean that the privacy aspect would be left aside, since many developments are being made to improve this area, while Bitcoin continues its growth. And even if we couldn't improve this aspect without softforks, a group could, and I think there's a high chance it will happen, provoke a hard fork in the future, creating two Bitcoins, just like what happened with Bitcoin Cash - one that would be friendly to governments, supported by the system, and another that would be supported by CypherPunks, anonymous. The beauty of this is that people who have Bitcoins wouldn't lose money, since they'd receive both currencies and participate in both "systems."

The problem I see with Monerists is that they ignore reality and think it would be possible, in the current world, to simply accept Monero for trades, without understanding that this market would become super-niched, since the world is globalized, formalized, and industrialized, making government control much easier. Everything has its time; you can't have everything at once, so I think the Bitcoin path is the best one and the one with more chances of improving society.

Note: The translation includes some minor edits to make it flow better in English, but tries to preserve the original meaning and tone of the text.