The Bitcoin Flaw: Monero Rising
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The Bitcoin Flaw: Monero Rising
1–10 of 61 posts
Re: The Bitcoin Flaw: Monero Rising
#2I agree with the premise that fungibility is important to Bitcoin's success, but I disagree that Bitcoin is 'flawed' or has in some way lost to Monero.
There was an update yesterday on the progress being made on privacy features in Bitcoin: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017...
On a related note, I am happy about the conservative and careful pace of development of Bitcoin. I don't want my store of value to undergo risky development.
Re: The Bitcoin Flaw: Monero Rising
#3I agree with the premise that fungibility is important to Bitcoin's success, but I disagree that Bitcoin is 'flawed' or has in some way lost to Monero. There was an update yesterday on the progress being made on privacy features in Bitcoin: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017... On a related note, I am happy about the conservative and careful pace of development of Bitcoin. I don't want my st…
Bitcoin may not be dead but it is certainly being destroyed on its original purpose (being money).
The only reason to hold Bitcoin is the naive hope that more suckers (not even a better word for them) pay you to hold something they think will go higher (again: suckers)
There are networks that are faster / more secure than Bitcoin and therefore more valuable as usable money (which is what Bitcoin was supposed to be)
Bitcoin may be worth something, but it certainly isn't worth $11k in my opinion since it is just a community-decided value-store currently.
The same could be said for USD but at least USD is backed by the United States.
Re: The Bitcoin Flaw: Monero Rising
#4I agree with the premise that fungibility is important to Bitcoin's success, but I disagree that Bitcoin is 'flawed' or has in some way lost to Monero. There was an update yesterday on the progress being made on privacy features in Bitcoin: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017... On a related note, I am happy about the conservative and careful pace of development of Bitcoin. I don't want my st…
store of value adds very little value to the rest of the world yet to adopt it. buying bitcoin/sending it is more expensive than a wire transfer. this isn't what bitcoin was meant to be.
I no longer use bitcoin for anything other than HODLing, LTC has completely displaced it for as a means of exchange. That seems like the more important problem to solve for mass adoption. Can't have people paying for food/goods with bitcoin, it just won't work for that any more.
Re: The Bitcoin Flaw: Monero Rising
#5[deleted]
Re: The Bitcoin Flaw: Monero Rising
#6I agree with the premise that fungibility is important to Bitcoin's success, but I disagree that Bitcoin is 'flawed' or has in some way lost to Monero. There was an update yesterday on the progress being made on privacy features in Bitcoin: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017... On a related note, I am happy about the conservative and careful pace of development of Bitcoin. I don't want my st…
Bitcoin may not be dead but it is certainly being destroyed on its original purpose (being money). The only reason to hold Bitcoin is the naive hope that more suckers (not even a better word for them) pay you to hold something they think will go higher (again: suckers) There are networks that are faster / more secure than Bitcoin and therefore more valuable as usable money (which is what Bitcoin was supposed to be) B…
Re: The Bitcoin Flaw: Monero Rising
#7I agree with the premise that fungibility is important to Bitcoin's success, but I disagree that Bitcoin is 'flawed' or has in some way lost to Monero. There was an update yesterday on the progress being made on privacy features in Bitcoin: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017... On a related note, I am happy about the conservative and careful pace of development of Bitcoin. I don't want my st…
Bitcoin may not be dead but it is certainly being destroyed on its original purpose (being money). The only reason to hold Bitcoin is the naive hope that more suckers (not even a better word for them) pay you to hold something they think will go higher (again: suckers) There are networks that are faster / more secure than Bitcoin and therefore more valuable as usable money (which is what Bitcoin was supposed to be) B…
NOT being backed by any one country or central bank is Bitcoin's primary value proposition.
Re: The Bitcoin Flaw: Monero Rising
#8What are the current crop of cryptocurrencies that are truly anonymous? The list I have so far is: Aeon, DASH, Komodo, Monero , NAV Coin, PIVX, Verge, Zcash, Zcoin, and ZenCash.
Any others?
Edit: Added Aeon
Re: The Bitcoin Flaw: Monero Rising
#9I agree with the premise that fungibility is important to Bitcoin's success, but I disagree that Bitcoin is 'flawed' or has in some way lost to Monero. There was an update yesterday on the progress being made on privacy features in Bitcoin: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017... On a related note, I am happy about the conservative and careful pace of development of Bitcoin. I don't want my st…
Bitcoin may not be dead but it is certainly being destroyed on its original purpose (being money). The only reason to hold Bitcoin is the naive hope that more suckers (not even a better word for them) pay you to hold something they think will go higher (again: suckers) There are networks that are faster / more secure than Bitcoin and therefore more valuable as usable money (which is what Bitcoin was supposed to be) B…
Bitcoin is still the network that is least likely to see a double spend executed.
Re: The Bitcoin Flaw: Monero Rising
#10What are the current crop of cryptocurrencies that are truly anonymous? The list I have so far is: Aeon, DASH, Komodo, Monero , NAV Coin, PIVX, Verge, Zcash, Zcoin, and ZenCash. Any others? Edit: Added Aeon
Aeon. It's basically Monero-Light.