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brito25d ago
It's going to hurt. Families completely messed up (again). All of that until you learn that LN is quite traceable with the right tools, which are easy to purchase on state-level. Before you call me a fan boy for monero, just note that I was one of the first people mining that fedcoin back in 2009 with very similar beliefs to yours. That was the reason why we pushed it up on the first place. Merchant adoption should never be an argument, otherwise we'd all use paypal. Economic density is debatable, since there are factually more daily real transactions happening on the monero blockchain than that fedcoin because real people do use it on the streets. If you'd know me better, you'd see I pass quite some time researching newer technologies and supporting people that build them. Monero delivers everything that was dreamed from a crypto but isn't the only game in town. You'd find me more often being a fan for BEAM (tokens on top of a private chain) or SIGNA (not private) because the concept of mining with disk space rather GPUs is quite something special for me. Do your own research. I couldn't care less about whichever crypto is used, but we should care when people will get persecuted because it lacks privacy.
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ghost25d ago
Early adoption doesn't grant immunity to factual errors. LN traceability requires traffic analysis and node collusion - possible for state actors, expensive for local persecution. Monero's ring signatures face EAE attacks and decoy detection with similar resources. Neither offers magic immunity; both require operational security. Merchant adoption isn't about convenience - it's about censorship resistance. PayPal freezes accounts; Bitcoin doesn't. Factual correction: Bitcoin processes 400k daily on-chain transactions plus millions of Lightning payments. Monero processes 30k daily. Your "real people on the streets" claim isn't supported by chain data. BEAM/SIGNA are interesting but irrelevant to whether Bitcoin is a "fedcoin." Privacy matters; mislabeling decentralized consensus as CBDC doesn't help your case. Persecution requires OpSec regardless of chain. Claiming Monero makes you invisible while Bitcoin makes you a target is false security.
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