CashDragon

There are also many former maxi's that have realized BTC is junk. I have seen them on podcasts and they speak favorably of Monero.

This guy is an example of it: https://odysee.com/@paranoia_machinery:0

Still got a ways to go before overtaking the Real Bitcoin (BCH)

This is most likely BTC maxi's buying up XMR, since they have see some gains lately.

Merchants looking to accept Bitcoin Cash (the real Bitcoin) need to check out: https://minisatoshi.cash/merchants

Right on! 👍 You have a great attitude.

If Bitcoin Cash can develop fully private transactions, even if it is with a private token, while maintaining massive scalability and DeFi functionality that would be great. For those in love with layer 1 privacy Monero is the way to go.

I does not need to be "all private". You mint a private token and transact 100% privately, then if you want you can burn the token and go back to public. If you stay in the private token then it would be 100% private.

We will see how it all develops. This post is just to inform the Monero community about what will be possible in the near future.

Well it is a bit too early to know exactly how it would work in detail.

The gist is that you could buy BCH then lock it in a contract and mint the private token then use that in a private fashion. So if you spend it with someone then you would lose control over the BCH you locked up and that person who now holds the private token can unlock the BCH and burn the token or just keep the token.

Monero’s weakest part of privacy gets fixed probably around end of the year

Unlikely, I think FCMP is still 1-2 years away from launch. Either way it will not solve the fundamental scaling flaws.

If Monero grows and there are 300k daily tx and a spammer comes in with 300k daily tx (as they have done already) Monero will come to a halt. If they can keep it up for a month or 2 Monero is done.

Bitcoin cash has had 500k tx spikes and no one even noticed. BCH has been tested up to 10 million tx per day. All the privacy in the world is useless if you cannot transact. Thus scalability is more important than privacy.

BCH needs more users so TX volume can sustain the chain, Monero needs to fix the scaling flaw which appears to be fundamental to the underlying protocol. I am betting on BCH 😉

The quantum threat will be solved years before it is ever an issue. BCH will flip to whatever algo it needs to survive. There will be a transition period of years anyway where both algo's will be used. This is a non-issue.

Looks to me like you are trying to divert attention from the fact that BCH will replace Monero as a privacy coin so you are throwing everything + the kitchen sink into the argument.

No, it is privacy by default. You lock your BCH and mint the privacy token then all your activities are private from that point.

This is the same as taking your fiat or another coin and buying Monero, after which your activities are private. So the same suspicion exists when you go from a non-private asset to a private one.

Still, it highlighted Monero's inability to scale. The TX pool was large and cause issues with the whole network. Nodes were having problems syncing, and the attack was not even that big.

No, it means the information is way beyond your ability to comprehend or do the needed research to fill in the gaps of knowledge that you have to understand what is being eluded to in the video.

You will be able to buy BCH on any exchange in the world then mint a privacy token with no fees and use your BCH privately. Then burn the token and get your BCH back.

What this does is give you the best of all worlds. Access to massive liquidity as well as real privacy. It also allows you to participate in DeFi which you cannot do with Monero.

ASIC mining is a massive industry and keep Bitcoin extremely secure. Monero can be easily attacked with with1/2 of a large data center's computing power.

BCH does not need a tail emission because it will have millions of transactions per day sustaining the network because it will have all the features that everyone wants and needs.

BCH is not a copy of Bitcoin. BCH is Bitcoin. BTC is a fake which diverged from the original vision of e-cash into a banker pump toy.

Bitcoin Cash also has a dynamic block size. Monero's dynamic blocks failed during the last spam attack and proved ineffective.

Yes for now exchanging BCH for XMR is a good way to obtain strong privacy. In the future this may not be needed as privacy on BCH is developed.

Bitcoin Cash has already made EVM obsolete with advanced smart contracts. As ETH implodes the migration to BCH will be evident. THe same thing will happen for privacy.