The monero community is building a lot of infrastructure to build a circular economy, and there is a lot of recent developments in that regard, such as xmrbazaar which is a sort of ebay and the sellers accepts monero. This is great. However, how can we penetrate markets outside of the monero economy? I fear that Monero still has the “dangerous hacker crypto which funds terrorism and north korea” reputation, and although while not true, could severely pause monero adoption and hurt us as a community as a whole.

We as a community value privacy, but i feel like we need to work together as a community to forge an alternative to the mainstream narrative about privacy coins. I’m thinking something revolutionarily positive, at least in the USA, such as making a charity that gives directly to homeless people, or setting up a decentralized network of people that work together to distribute life saving drugs for cheap (because drug prices are really fricking high here). Privacy coins tend to attract privacy minded people, and privacy minded people won’t even touch twitter with a 10 foot pole because of all the injected ads and the tracking, and i respect that. But, one of these days we gotta do something big to break the mainstream narrative.

I personally am locked in, I have a girlfriend and two pets and a full time job, but for those that have less to lose and more time and resources to spare for the cause, i say let’s fking do it. Anything, man. Let’s change society with this thing.

  • aldalire@lemmy.dbzer0.comOP
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    7 months ago

    So if Monero wants to be a significant player on par with Bitcoin and have a circular economy, it will need to step up to the plate in a major way, and it needs to do that before Bitcoin implements privacy upgrades that place it at feature parity with Monero, which is imo only a matter of time since those folks tend to be pretty pro privacy

    Overall, not convinced of your argument for a L2 in Monero to be able to be on par with Bitcoin. In fact, I believe that the bitcoin community fell for the layer 2 trap. That high transaction fees on the base layer due to the 1mb blocksize can be solved by a Layer 2, and calling lightning a success is a stretch. It still needs to interact with the base layer to open channels, and your base layer is fucked.

      • aldalire@lemmy.dbzer0.comOP
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        7 months ago

        Not perfect, but leagues ahead of Monero which has zero L2 and zero roadmap for an L2.

        We’ll get there when we get there. Adoption is gradual. We don’t expect to see Visa level transactions overnight. And as adoption increases steadily, we can increase the capacity and infrastructure of the base layer steadily. The only real reason why Bitcoin needed an L2 was because ya’ll shot yourselves in the foot with the 1mb blocksize.