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Thanks for doing this AMA! What do you think of the long-term viability of Monero, and could Bitcoin still use some of that tech in the future?
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You're welcome!
Long-term, Monero will continue to be an invaluable tool for freedom as long as storing/spending privately is incredibly difficult in cryptocurrencies like Bitcoin. There is massive (and growing) demand for easy, achievable privacy, and Monero has fantastic product-market fit there. If Bitcoin were to make privacy drastically easier, I would be happy if there was no need for Monero and we could all just use Bitcoin w/ financial privacy :)
As for Bitcoin using Monero tech -- the funny thing is that much of Monero's tech originally was meant to be used on Bitcoin! Unfortunately the focus for Bitcoin rapidly became storing wealth and being extremely cautious, and so none of it ever got implemented. Still hopeful covenants can help us get a little bit of that back, but ultimately the social consensus would have to shift and start prioritizing privacy for major improvements to happen.
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10 sats \ 0 replies \ @bren 11h
Great answer, thanks!
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