Sure, but Stratum V1 is not.

Judge a society by the beauty it generates. #philosophy

If Bitcoin was widely adopted as global currency used to denominate the world, it would rapidly "stabilize" (in the sense of purchasing power volatility). Things would just get consistently cheaper, in the same way that things get consistently more expensive under the dollar. #Bitcoin

You have to trust the cryptographic rules. You can't trivially count the coins. You are right though, it's sloppy to say "cannot audit", but it points towards a significant tradeoff that Monero accepts.

I feel that. Personally, I can't get behind Monero as a Bitcoin replacement. The primary kill shot in my mind is that you cannot audit the supply of Monero, so you can never prove that there's no inflation.

Default settings are powerful, no doubt. But we have the option to fork at the social level and the protocol level, and the network is wrestling with that right now. In my view, this is why we need to fracture a bit. Too much concentrated decision making on a small group of "core" developers. Power accrued to them in an unhealthy way.

Censorship requires coercion. Everything else is just preference. An individual blocking, muting or filtering is an enforcing their property rights. A power group using coercion to unilaterally block, mute or filter is a violation of property rights. The mere act of saying "I don't want to see this" is not coercive, and thus not censorship. Now, for Bitcoin, if a network of people voluntarily decide to block, mute or filter (at the mempool, or consensus - it doesn't matter) that is also just an enforcement of property rights at a group level. No coercion involved, just an amalgam of individuals enforcing their property rights. #Bitcoin #Censorship #Philosophy