10 years from now, what will the Bitcoin dominance index be at?
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Replying to @jimmysong
I see a world with BTC at 10T Privacy coin at 3T Stablecoin at 2T and a small handful in the high sub-1T range. TLDR: BTC will be ~60%
@AriDavidPaul3 replies 0 retweets 10 likes -
In 10 years Bitcoin will be completely private, fungible and anonymus, so we can add that 3T to Bitcoin.
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I remember Core engineers saying something along the lines of “Bitcoin will slowly get more private, but it is unlikely it will have a Zcash/Monero levels of privacy, as the latter are even more laser-focused on continuous privacy improvements.” Deconstruct that as you will.
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I would like
@jimmysong input on this, but what I read so far make me think will get there, possibly with even stronger features than zcahs/monero. I also think (just my hunch) that Greg Maxwell left Blockstream to be able to focus on exactly this purpose.1 reply 0 retweets 0 likes -
For better or worse, Bitcoin doesn’t have the luxury of moving as fast or aggressively as ZEC or XMR when it comes to privacy (or any) innovations.
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I fully agree with that, that's why the 10 year timeline, but it will eventually get there
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Replying to @gustaftaen @MustStopMurad and
Feds won’t sit idly if bitcoin tries to reach for XMR levels of privacy. It’s be an unforced error to prioritize it and it could hurt adoption.
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Replying to @cryptorae @gustaftaen and
Can you stop software, again and again, and again? It's just 1s and 0s.
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Replying to @MustStopMurad @gustaftaen and
Of course not. But you can stop the major fiat onramps. Don't you think privacy is a feature best implemented once Bitcoin achieves SoV status?
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I think there will be 3-4 SoVs.
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