/biz/ - Business & Finance

BTC style transparent ledger has auditability and can be used as a source of truth for other systems.
For example high bandwidth low latency PoS systems can push merkle roots to the btc ledger periodically to prevent nothing-at-stake style chain reorgs. Very inconvenient for basic use as a medium of wealth, though.

XMR is fantastic at what it does but cannot scale, no payment channels means negative utility for wider adoption; the more people that use it the worse the UX, which is the opposite of what you want.

People are gonna rage at me for this but it's all true. Both XMR and BTC need L2 style solutions to work as intended, as a world scale payment network and distributed ledger of record.