So I was replying to a comment about Open Bazaar 2.0, but then rambled on so much I thought a post would be more suitable.
Question : are the days of using BTC on DNM now over? And if so, why is it still the most used currency??
IMOH: Why was BTC adopted in the first place? Anonymity. That made it a perfect currency for DNMarkets, its first real 'real-world' use.
The problem now is BTC has grown faster than its creator(s) could have ever imagined, and is sadly no longer fit for purpose (fees / tx time / miners voting power). A £14 transaction fee for an item that costs £20 is simply NOT viable.
The changes being made to BTC (lighting network / forks etc), are being made by...... God knows who - but, it's undoubtedly someone with an 'end goal' I can guarantee you that. 🤑
So, alternatives. With my limited knowledge I would go with XMR. It's been a long-standing alternative to BTC - as far as I know it was designed with the same key principal in mind (anonymity) but benefiting from lessons learnt during BTC's formative days.
I personally would feel uncertain using Dash / XRP or one of those other 'institutionalised' currencies for DNM activity.
XMR all the way IMHO. When used with Open Bazaar 2.0 DNMs will be unstoppable! 🚀
UPDATE: after discussions with some of the OB 2.0 mods / devs, BCH integration will be coming prior to XMR as BCH & BTC are nearly identical, so much easier to implement - hopefully XMR won't be too far behind...!
So after discussing in depth, BCH is the best option for a short term solution to the current problems.
I really like the prospect of Monero