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Jimmy Song says he implemented "ring signatures" (the weakest part of Monero privacy) on some obscure out-of-date unmaintained github repo he made 6 years ago that no one even uses or has looked through. And implying this means he is now a Monero expert above all reproach and has nothing else to learn.
You can spot poorly informed Monero critics 90% of the time by their focus on ring signatures as if that is all there is to Monero. No mention of Stealth Addresses or Confidential Transactions the real magic of Monero's privacy that truly hides amounts and connection graph via encryption.
He also selectively compares Monero to fiat. Here are a few major ways Monero is different from fiat: -Monero inflation is fixed, non-arbitrary, and predictable (less inflation than gold) -Digital fiat is not private, not anonymous, not permissionless, not final settlement, not p2p, and can't be self-custodied -Cash can't instantly be sent to anyone on the planet, can be easily confiscated, and can't easily hide or transport large amounts
He focuses on a single aspect of centralization - hardforks. Can Monero devs stop the community from swapping, selling, or forking if they start doing things we don't like? No. Ability to opt-out is what is important. If you use Monero as intended, p2p digital cash (a MoE value transfer), not as a speculative longterm savings vehicle or investment, does this very unlikely possibility really effect you much if at all? No
Jimmy Song conveniently won't tell you this. but here are a few ways Bitcoin is literally and defacto centralized: -Dependence on ASICs. Only two major manufacturers for Bitcoin ASIC miners and they both require KYC. -Mining. Two mining pools mine almost 60% of blocks. Those two mining pools require KYC. Most mining is done on large corporate mining farms. https://mempool.space/mining https://postimg.cc/pmYsMSw9 -Node software. ~99% of node software is by Bitcoin Core. Even BitcoinCash is more decentralized than Bitcoin in this regard https://luke.dashjr.org/programs/bitcoin/files/charts/software.html -DNS seed nodes. There are only a handful of these hardcoded in and directing to a few devs from Bitcoin Core https://bitcoin.stackexchange.com/questions/14371/what-is-a-dns-seed-node-vs-a-seed-node