It's a fair argument, surely? The only place they have any power is the on off ramps. If they're not used and the money is moved around from person to person, address to address, it becomes quickly impossible to know who has what.

Yes. And we are people too. You can buy and use Bitcoin privately. Most of us don’t believe it’s worth our time or effort to pursue to the level of privacy we wish was automatic. Bitcoin IS private though. Satoshi proves that.

Yes. Going to the fiat world is the risk. Dear Ava, Monero is not private. When you buy it on Coinbase, the government knows you have it.

Sorry I don’t know what crap Coinbase offers nowadays. Haha You actually don’t know what is Satoshi’s. It’s debated. If he would have moved the coins even once, you would be even less sure they’re his. You could say the SAME thing of Bitcoin. If you buy non-KYC and move the money, there is very little trail. If you use coinjoin etc. there is less of a trail. If the FBI is after you, whether you’re using Monero or Bitcoin, you’re not bulletproof. Good luck with that.

Respectfully, why speak so confidently on things you clearly don't know much about? I have no interest in converting you. I am a privacy advocate. I give my time here to help people create more freedom for themselves through better privacy. If you want to continue the conversation, go study a little on Monero, then I will be more inclined to answer more if your questions. Find out more at: https://libereco.xyz/resources/ and https://www.getmonero.org/

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Me neither tbh 😂 Sure thats fair we don't know if Satoshi ever had other addresses that we don't know about, but thats anonymity and doesn't change the fact that their transactions are not private. It would be ideal to have both. As an analogy imagine being able to read the incoming and outgoing texts/calls of a random number. You might not know who they are at the moment, but over time you'll get enough data to narrow it down and figure it out. But the subject was buying from Coinbase (requires KYC) and CJing is not the case by default with BTC. Most users just withdraw without ever coinjoining much less every transaction. Or they few naively coinjoin and then consolidate. And still plenty of privacy leaks even if you do coinjoin because it is just obfuscation not encryption. Yea, if the FBI wants you bad enough you might be screwed, but why give them passive surveillance over everyone? Make them have to actively work for it. That dramatically increases time and effort required which massively shrinks the pool of users they could ever go after.

Transaction fees quickly make this impossible and using lightning and or liquid exposes you to third-party risks in most cases and is not good for the normal average user. The only people who can truly use lightning privately are those who run their own lightning nodes. And even then, it's not an easy task.

So using Bitcoin privately is not easy and there are risks to taking easier routes? No one is denying this. Do you see any long term or short term risks to using Monero?

-Peter Todd View quoted note →

there could be an inflation bug. The developers work hard to only implement code that has been thoroughly tested, but it is still a possibility, though it is a small possibility. Put it this way. Do I trust Monero or the dollar more? The answer is quite easy. Monero.

Use monero for what? Most take pics and post on social everything they buy anyway

fucking moron. what a cocksucking strawman

if you were male i'd follow you. keep up the good work

my god you are fucking dense

just try to use WalletofSatoshi without a vpn. awww what's that sad expression, fuckface?

it is a DOUCHEBAG that's why lol 😂🤣😂🤣

nice comment history, ser. keep contributing to society and GFY

Using Bitcoin is just as bad as using a credit card at this point.

Bitcoin maxis will say this is fake news. View quoted note →

It's pseudonymous, it's only anonymous until you link information about yourself to your wallet. If you mine from a KYC pool, buy from a CEX, or spend it online, or in a store without practicing proper opsec then you do risk exposing yourself. Even with proper practice the blockchain is still transparent, and assumptions could be made. Mind you to maintain privacy in Bitcoin it takes specialized wallets, creating multiple burner wallets, and other complex stuff everytime for subpar results. Average people won't do this everytime they want to send a transaction, and maybe lightning slightly improves Bitcoins privacy but lightning also has issues.

Well, at least to date they won't charge you huge and increasing interest. Only highly variable transactions fees.

gee what a brilliant and compelling argument.

Makes me wish I had a botnet handy to DDOS your scamming ass.

#Monero #XMR join the brotherhood, transact with Monero, no complicated setups, just buy it and use it

**stack monero, use monero.**

You can buy Bitcoin on exchanges, its subject to wallstreet gamblers and speculation. You can't buy monero on exchanges, at least not any I know of. Because so called regulators see it as a threat. This makes it way more stable, the value actually comes directly from use value. Monero is like cash without a central bank. In the way it actually functions. I'm 100% of the opinion that Bitcoin is money, but that doesn't change the fact that a large number of investment firms and wallstreet gamblers see it differently.

You can buy monero on @Bisq !

But you wouldn't in favor of buying it on #RetoSwap

In all fairness, using Bitcoin actually might be worse than using a credit card. With using a credit card, at least the only people who know about the payment is the banks where if you get docked on Bitcoin, everybody knows every transaction you've ever made.