Li₿εʁLiøη Profile picture
May 14 6 tweets 2 min read Twitter logo Read on Twitter
1/6
After 1 year of Monero Tail Emission practice, this monetary policy seems to be well designed and giving good non-inflationary results.
2/6
A year ago, and two months after starting Tail Emission in Monero, I published a critical article, about the proposed modification of Bitcoin monetary policy towards Tail Emission. Clearly, for $XMR to be non-inflationary is the right design. Image
3/6
My intellectual honesty does not allow me to delete my article.
You can read it:
medium.com/coinmonks/not-…
4/6
The objective of Tail Emission is to secure the network, as the miners must charge for their work with commissions, which are made up of the issuance of money and for the use of the network for transactions.
5/6
If transactions by adoption do not increase, and there is less and less emission, the network will lose miners, and security.
Do you think #Monero will have a growing and massive adoption in the coming years, being a #privacy network that will be fought by governments?
6/6
I don't think it will have a massive adoption like other networks.

That's why Tail Emission makes sense.
#Monero is for those who understand that privacy is key to individual sovereignty and for those who understand the coming nightmare: CBDC

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More from @liberlion17

May 16
1/4
Value is subjective.

This simple revelation, formulated by Carl Menger (Von Mises’ teacher), revolutionized primitive economics and solved most of the problems that had plagued the science since Adam Smith.
2/4
If Marx had paid attention to Menger, communism would have been abandoned.

Subjective value leads to individualism.

The State with its coercive regulations acts on the economy, making predictions about the consequences of this or that measure implemented ..
3/4
..in order to estimate with precision, something that is more typical of soothsayers than of scientists, knowing that there are always unpredictable collateral effects, which will require more regulations.

The voluntary free market is the pursuit of Agorism.
Read 4 tweets
May 14
1/4 #Monero has dynamic block sizing, which impacts greater network scalability.

Important points about Monero block size:

—Dynamic blocks does NOT mean perfectly elastic blocks. Monero does not just slam the entire mempool into the next block.
2/4 Fees have to be paid to exceed certain limits, and there are limits that cannot be exceeded no matter how much is paid. These limits adjust in response to recent blocks, hence 'dynamic.'

—Monero is very adaptive if we assume higher fees are paid.
3/4 It is possible to increase the block size to ~30MB in the course of 12 hours in an extremely high fee environment. This would be expensive, but it is possible.

—Flooding the chain with minimum fee transactions does very little to expand the block size.
Read 4 tweets
May 12
1/4 In terms of profitability, while BTC took 900 days to reach 37x in its first bull market cycle, #Monero took 1279 days to give a return of 95x.
2/4 This is not a financial advice, it is a utility tip, because it is important to understand that price follows value, and the utility of Monero will become evident over the next few years.
3/4 Although no one can predict exactly what will happen in the future, #Monero may have a high demand for privacy in the coming years. Society is increasingly dependent on digital processes, and governments are using technology to increase surveillance and control over people.
Read 4 tweets
May 12
1/5 When superficial changes are implemented to address underlying problems, there are often poor results.
2/5 Bitcoin Core developers have always denied the possibility of increasing the block size directly, but have introduced patches like SegWit and Taproot to gain efficiency and security.
This allowed data to be added to the blockchain at low cost.
3/5 I anticipated this months ago, #Bitcoin will become a useless network. Miners today earn more "junk" money, but when one party doesn't get what they want, there is no business. Users wait hours to validate their tx.
Read 5 tweets
Feb 15
1/8
You may have wondered, (I have), how on earth can I use an anonymity network when they will be heavily prosecuted?
It's very "romantic" Cypherpunk philosophy, but it's almost like living outside the traditional system.

Let's be practical.
2/8
The answer is that for certain uses it is very useful. Let's see.
Cardano is a blockchain that will surely succeed, because of its good design but also because it is regulator friendly, then institutional investments will be allowed.
3/8
The key here is a proper balance so as not to be banking 3.0.
So, you can use Cardano and similar blockchains for certain uses, but when you need strict privacy (or even anonymity) you will use privacy networks.
Read 7 tweets
Feb 15
1/6 Many are obsessed with "mass adoption."
It makes sense to think about adoption because #Cardano was designed as an operating system for global finance #RealFi.
We must define what is mass adoption.
2/6 I believe that first is its global distribution, meaning that there is interest in the different citizens of any country for the utility it provides, then the number of people comes second.
It may be a blockchain of use to many but not to all.
3/6 We must understand that decentralization is also interoperability, and Cardano is ready for it. There are other blockchains that have better infrastructure for certain uses and Cardano can bridge to them.
Read 6 tweets

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