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RE: Where to Store Value in 2020 - Let's Talk About It

in Threespeak - OLD5 years ago

Had to write another comment to ask this, I would love your opinion on MimbleWimble. Have you looked into Grin? It's the best for privacy and fungibility, for node scalability (hardware costs) and has double the transaction capacity of BTC. Right now the inflation is huge, but originally the goal was to one day bring mimblewimble to BTC. It would solve BTC's problems with fungibility and privacy, cause right now if you know a wallet belongs to a hacker or Ponzi scheme company, the Bitcoins in that wallet are going to be marked for life. Who would want that money? If each coin starts trading at a different price because of its history it's not good for a currency.

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I like the tech behind MimbleWimble, I always thought Bitcoin would absorb things like zk-snarks and other tech. Bitcoin moves pretty slow to get any upgrades, and for good reason. I haven't big as big of a bull on privacy coins because I just thought once Bitcoin is able to scale with layer 2 privacy features, the demand would lesson for privacy alts. However, it does take Bitcoin adopting something like zk-snarks or MW to benefit. Maybe one day lol