Always a Bitcoin maxi BUT I dipped my toe into Monero not long ago. Lots of FUD surrounding Monero, esp around mining, decentralization, supply audits, etc.
What ultimately turned me off of it was liquidity. Even DNMs are far more likely to accept Bitcoin than Monero. It’s much easier to pay with Bitcoin or turn Bitcoin into USD. Most of the KYC-free buying of Monero involves buying Bitcoin first.
Also pseudonymous, unconfiscatable, and uncensorable are 99.9% as good as true anonymity.
brettinthewoods / BrettInTheWoods
npub1aw…tgjxc
2023-10-02 22:52:58
in reply to nevent1q…dtye
Author Public Key
npub1aw5gl5q3lc4zaq4cdrkynqn54axhhdmsy6wtljz5p9kmuzuclfrsdtgjxcPublished at
2023-10-02 22:52:58Event JSON
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"pubkey": "eba88fd011fe2a2e82b868ec498274af4d7bb770269cbfc854096dbe0b98fa47",
"created_at": 1696287178,
"kind": 1,
"tags": [
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[
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"content": "Always a Bitcoin maxi BUT I dipped my toe into Monero not long ago. Lots of FUD surrounding Monero, esp around mining, decentralization, supply audits, etc.\n\nWhat ultimately turned me off of it was liquidity. Even DNMs are far more likely to accept Bitcoin than Monero. It’s much easier to pay with Bitcoin or turn Bitcoin into USD. Most of the KYC-free buying of Monero involves buying Bitcoin first. \n\nAlso pseudonymous, unconfiscatable, and uncensorable are 99.9% as good as true anonymity.",
"sig": "b1df713a7a2be8cbcafb19d8af661d7b1d7c0e200a7d949f2769db302d238f29b4c347a8118c4abc977718fe4ac3d9a1080effde44ad12a7cd1a6484da6602aa"
}