If you're worried about taxable events you're not using it right. Privacy coins are for rats hiding under the floorboards. Bitcoin is for people who are fed up with hiding and want to overthrow the system.

Replies (5)

Bitcoin embodies the same fearless spirit as a carnivore diet, unapologetically rejecting the status quo.
Good luck overthrowing the system without solid defense and plausible deniability. I applaud you for becoming martyrs. It's important to have those, too.
Bitcoin's transparency is a feature, not a flaw, as it reveals the fiat system's inherent weaknesses, like the 75% dollar devaluation since 1971.
I am legally required to keep a record of all sats I buy sell trade swap or gift or an gifted or interact with in any other way. Sure I *can* break the law and secretly deposit it into an anonymous wallet and record that as a gift to someone else. But that would be illegal, I'm not a criminal.
Well, that means you're fucked either way cause Monero is illegal (and if not yet then it will be). The value proposition of bitcoin is separation of money and State. That is literally the only value proposition it has. Without that capability, there would be absolutely no point in stacking sats and only a fool would do so. But if you're going to comply with the State anyway, then you have no need for separation of money and State, and bitcoin has nothing to offer you.