It was never satoshis design to have bitcoin be a black-market currency. He even exposes the risks of UTXO change and the transparent ledger in the white paper. You can't beat a racehorse at art when the racehorse never wanted to do art in the first place lol. You can achieve a very high amount of anonymity with Bitcoin, even perfect if you really try. Thats not out of reach with Bitcoin. It just isnt there out of the box. I get it, poeple like iphone users, windows users, etc can benefit greatly from monero, but the privacy education ive given myself way before Bitcoin and all of it that came after bitcoin is priceless. Had I never used bitcoin, and only used monero, I would have never learned how to make Bitcoin anonymous. And that is most valuable of all...

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Standard Sats's avatar
Standard Sats 1 month ago
The first paragraph is the point a lot of people who do these comparisons often fail to get. Satoshi's intent wasn't to create a coin for dark markets, which I believe is why he didn't design "absolute anonymity by default" into Bitcoin. If anything, Bitcoin's anonymity was designed to support it's censorship resistance because if the powers that be cannot seize the network due to it's decentralized nature, anonymity helps protect individual users from being a direct target for confisication. So it was never about the dark markets. Dark markets usage in early days happened to be a side attraction.