Bitcoin is not here to create monopolies, it is here to destroy them. And it brought a friend...
Because of the automatic availability of privacy with the opt-in alternative of transparency, everything true about BTC is twice as true for XMR.
IE, defection previously impossible or too risky using BTC is now enabled via XMR's radical opacity.
Because of the automatic availability of privacy with the opt-in alternative of transparency, everything true about BTC is twice as true for XMR.
IE, defection previously impossible or too risky using BTC is now enabled via XMR's radical opacity.
Very interesting analysis. I don't necessarily think the events above will happen soon, but when they do they could happen quickly. I see many hero members make positive and negative comments about Monero. Are they any bitcoin core developers that have a public position on its cryptography one way or the other?
Yes, Monero is considered by many legendary/hero members to be the next step in crypto. No other coin even comes close.
Peter Todd says XMR's crypto is legitimate: https://twitter.com/petertoddbtc/status/622022840330682368
gmax has an XMR address on his profile (which can expect a nice Halving Day present from me).