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@ David
2025-05-30 11:39:12
the tl;dr of why monerobros are wrong:
1. a blockchain ledger cannot scale sufficiently to enable sufficient users (anonymity set)
2. it can't be a store of value with a weak encryption scheme because there is always some question about whether the supply has increased without it being observable by exploiting an as yet unknown bug in the implementations
(and we know there already has been inflation bugs in it a few times in the past)
(and the security of the encryption is at least half as many bits of security as we depend on for TLS)