I don’t think p2p is too hard but is it widely known for them to do the work to do that? No. They’ll just find some other shitcoin on exchange before they go learning about buying a coin on p2p. I would also make a counter point to……
Exactly we are talking about a 3 billion market cap vs a 700 billion market cap here. Why would a normal person want to buy this no name 25th place coin over any other random of the 20,000 different ‘crypto’? XMR doesn’t solve the salability and need a……
It’s worked pretty well for 15 years so it’s not unfounded ignorance. I think the only people pretending here are the people that think Monero can substitute for Bitcoin as a store of value or unit of account. Even in dollar terms it has lost purchasing power in……
If monero was increasing in purchasing power against bitcoin maybe you can make that argument that this is the take of the free market. It’s lost purchasing power every year since inception against Bitcoin in an exponential downtrend……
Monero is irrelevant to this conversation, it can’t even verify that there is no supply bug present which is a huge problem. It’s also got an eternal inflation rate so 1 monero this year will never have the same purchasing power as 1 monero next year. So it……
I don’t understand this attitude that miners should work for you for free when block reward is no longer given.. What did you think would happen when block reward every 4 years is less and less? In April 2024 block reward will go from 6.25 to 3.125……
This high fee environment is the future of Bitcoin though so I would suggest you think about this differently. What incentives would miners have to stay online if they got zero fees and zero bitcoin from block reward? This is an incentives based system and proof of work isn’t……
I don’t disagree with ordinals being an unintended consequence but disagree entirely with it “invaliding several important use cases”. High fees will absolutely need to stay high and this has been the assumption for a very long time, to incentivize miners to mine as block rewards are less and……
