Post by theguy

There is no "viable level of privacy" on Bitcoin. All transactions are transparent and public forever. "...it would require both parties to buy/sell Monero (in most cases through centralized exchanges)..." Apparently you've never heard of DEXs and that Monero is delisted from almost all major centralized exchanges "...there is little to no need for another asset or currency." The market clearly disagrees with you As for the rest... "As an absolute concept, economic scarcity of a resource implies only that it is not available in limitless supply. Furthermore, if no person demands even a scarce resource, it has no value. A scarce resource under demand is property. No degree of difficulty in producing the resource is implied." github.com/libbitcoin/libbitcoin-system/wiki/Scarcity-Fallacy
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I can show you a UTXO with coins that have gone through dozens of CJs over the course of many years, I doubt you would be able to trace them back to the origin. And when you or your counter party use a DEX in most cases you are going to use a centralized KYC payment provider. It is still a privacy risk. Name an asset and I will show you a chart illustrating what the market thinks about it in relation to Bitcoin. No disagreement that scarcity by itself without demand does not result in value appreciation. Also can't disagree with Rothbard and Von Mises.
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