frederik_diamond on Nostr: We already have Monero. ...

We already have Monero.

quoting note1wzf…3ngj

Long term, we need private money or it just gets traced / taxed / seized by the state anyway.

But truly private money makes for a bad store of value. You can’t audit the ledger, so a bug could create unlimited inflation that would be hard to detect.

So privacy is how you move money, not necessarily store it.