...
No we don't, the ability to have and hold value without monitoring is an inalienable right afa I'm concerned and i think everyone should hold that belief.
I agree. In addition privacy and anonymity are needed in order to ensure fungibility in crypto currencies, and fungibility is is a necessary requirement of money.
Then there is of course the adaptive blocksize in Monero which ensures that there is no arbitrary limit on the number of transactions per second.
People in this scene don't know how important and rare this is.
I have a question about adaptive blocksizes. What if Monero becomes truly successful and the active users reach 100,000,000. Will 50gb blocks be possible if transactions reach the touted Visa standard? If yes then how will the blockchain be maintainable?
I cannot offer any technical explanation, but consider that such a situation will not come to be any time Soon
TM. Growth beyond technological capabilities will be stifled until it is no longer beyond. Ain't technology grand?