Fair. But what is that worth if almost no one uses the under...

Matt - Top American Spook

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Kind-1 (TextNote)

2026-06-04T17:16:03Z

↳ 回复 Hanshan (npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxa)

you and I can use cold storage and transact and run a node etc but if the only counterparties we have to transact with are custodial KYC identities, ...

Fair. But what is that worth if almost no one uses the underlying network? Probably just as little, because the thing we are transacting with isn't going to work as money. You need a sufficiently large userbase for an economic ecosystem to form. I think this is where barter vs money comes in. If there aren't enough people trading, money makes no sense. It's nearly worthless.

I think the only chance we have is to onboard a sufficiently large number of people and then educate them on the better ways. I just don't see a world where most people (at least in the west) just wake up and decide that they're going to self-custody Bitcoin, Monero, or whatever, run a node and transact p2p. I think they're far more likely to be baited with NGU and easy solutions that offer some benefit that isn't necessarily freedom (at least at first). Fees, speed, UX, etc.

I'm unconvinced most people have a chance of getting to point Z without starting at A. And if that's true, you're never going to get there either. And if you are making every transaction exclusively in Monero in a noncustodial way without ever touching anything else, you're incredible. I can't do it. All I can do is try to move the ball forward while I'm on the planet. And for me, I think what you say is worthless is worth more than strictly fiat rails.

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