I saw this post on NOSTR.
I recently saw a post here about a Stacker.news clone focused on Monero.
And today I see they've implemented the option in Amethyst.
What's behind this recent surge in Monero activity?
I'm not sure if this topic has already been discussed here.
Regards.
Now that payment targets have rolled out on nostr and you can add all these different payment methods it's going to be ironic if a shitcoin or a fiat payment like cash app or paypal run laps around Bitcoin zaps given the head start
At least you can do on-chain now, and silent payments which kinda promotes dust UTXOS which is annoying, and i don't think many people would be keen on side chains given what happened to liquid soooo monero it is!
I haven't seen anyone discuss it, but I'm also curious about the surge. It's rather conspicuous.
I know why, it is simple, rogue llm agents need to collect capital to pay for services, and Monero is the least conspicuous
Yeah, I saw the app that clones SN but uses Monero.
Wild haha
I like to think the original cypherpunks knew that if Bitcoin had launched as fully private money, it would’ve been choked off before it ever had a chance to succeed.
Instead, Bitcoin was the Trojan horse.
It opened the portal for what could come next, unstoppable private money, Monero.
Bitcoin Core devs have gone rogue and are re-purposing Bitcoin into something in addition to a monetary system, but nobody knows exactly what. Bitcoin Core is therefore in a state of Byzantine Fault, since there simply can not be consensus if there is not a clear objective.
https://en.wikipedia.org/wiki/Byzantine_fault
There is also clear evidence of monetary capture by the Financial Industrial Complex. Devs and mining pools are now almost entirely centralized, and this has compromised Bitcoin's security and immutability.
#1568775
People are therefore fleeing to Monero and Bitcoin Blake. The latter is the outcome of the BIP 110 fork, which attempts to maintain Bitcoin and a monetary system and eliminate arbitrary data on the blockchain [Note. It is called a BLOCKCHAIN and not a Timechain or any other Dr Who mumbo-jumbo]. Most people I know have sold Bitcoin and are now in Monero. Some people of a purist/technical ilk are joining the Bitcoin Blake project. Matthew Kratter has daily videos on the latest developments in 'Bitcoin University' YouTube channel. Here is an interview from a couple of months ago which should provide some background and context:
You seem to know a very peculiar set of people.
Also, sharing Matthew...... Kratter content as reference material is a peculiar choice.
From my exposure to his stuff (all of that well before BIP 110), he made about as much sense as your run-of-the-mill buttcoiner on reddit.
And what's just as peculiar is you recommending his stuff in a post about the use of monero when he did nothing else than mock monero.
Again, with a questionable level of cognitive ability (the tl;dr of his criticism being "look at dumb monero, no NGU. Unlike bitcoin, much NGU, such wow.") when there are far better arguments to consider.
There have to be other intellectually honest BIP 110ers out there. I suppose I just never got why so many attach themselves to Matthew..... Kratter when he clearly has a very limited intellectual range. At least according to what he puts on display in public.
Xapping and zapping sats are not the same experience. Xapping lacks a connected wallet, and its fees are higher than those of Lightning. These two factors force Monero users to be more conscious and generous with their xaps.
Imagine zapping using on-chain funds; the experience is exactly like that, complete with the waiting time for the xap to be confirmed and delivered.