If bitcoin wants to stay a public blockchain at the base layer, it literally can't be private without sacrificing something to achieve that on layer 2 (custodianship [fedimints], decentralization [lightning], or both).
So it's not just a matter of importing the tech over. I would happily move over if that was the case.
Monero has real utility that bitcoin does not.
There are instant transactions on Monero. They are called 0 conf. Merchants can account for doube spends and price them in. Online order transaction confs don't matter as you're waiting anyway.
But regardless, a layer 2 is already being explored and discussed.
https://www.getmonero.org/resources/roadmap/ (scroll to bottom)
https://www.youtube.com/watch?v=9XVMUVvwxUE
MoneroMage / Monero Mage
npub1ct…meyrr
2023-02-17 11:05:51
in reply to nevent1q…7sf7
Author Public Key
npub1ctzg6p38sn0v0ez96a33tarp70fkcjmjnafed6knzj822km6q3zqrmeyrrPublished at
2023-02-17 11:05:51Event JSON
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"pubkey": "c2c48d062784dec7e445d76315f461f3d36c4b729f5396ead3148ea55b7a0444",
"created_at": 1676631951,
"kind": 1,
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"content": "If bitcoin wants to stay a public blockchain at the base layer, it literally can't be private without sacrificing something to achieve that on layer 2 (custodianship [fedimints], decentralization [lightning], or both). \n\nSo it's not just a matter of importing the tech over. I would happily move over if that was the case.\n\nMonero has real utility that bitcoin does not.\n\nThere are instant transactions on Monero. They are called 0 conf. Merchants can account for doube spends and price them in. Online order transaction confs don't matter as you're waiting anyway.\n\nBut regardless, a layer 2 is already being explored and discussed.\n\nhttps://www.getmonero.org/resources/roadmap/ (scroll to bottom)\n\nhttps://www.youtube.com/watch?v=9XVMUVvwxUE",
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