Bitcoin has coinjoin, lighting, minibits for cash-like privacy. It also has global adoption, deep liquidity, and actual use. Monero is private for sure... But so is a secret nobody gives a shit about
Discussion
If Monero transactions are a secret nobody cares about, then what's the need for CoinJoin and Lightning?
Just use Monero, it’s no big deal. That’s the great thing. You have the choice 👌
BTC is incapable of provide a minimal level of privacy then they resort to bandaid solutions
I have output #21.
Tell me what are my inputs, and my other outputs.
Coinjoins are outdated privacy solutions in the age of sophisticated chain analysis and ZK tech.
Even Moneros ring signatures for sender privacy isn't cutting it anymore for edge cases (despite hiding amounts and receivers completely) which is why it is upgrading to full chain membership proofs.
It's funny you bring up market cap and liquidity when Lightning is a fraction the size of Monero. And ecash is a fraction of that fraction.
If your privacy model depends on a hard fork every year, thats not resilience, thats fragility. Bitcoins privacy evolves without risking chain splits every time it upgrades. Its a serious security risk and increases the attack surface.
Comparing monero base layer to Bitcoin layer 2s tools is disingenuous. Bitcoin builds on bedrock and monero is built on sand that needs constant patching
"Bitcoins privacy" has hardly evolved. The base layer is as transparent as it was the day it was created.
And comparing Bitcoins base layer security and attack surface to L2s is disingenuous. Especially with completely custodial systems like ecash.
hard forks arent "patches," they are network upgrades. software has to upgrade as the environment it operates in changes. monero updates in a clear direction and in an organized way, with community support.
also, bitcoins privacy hasn't upgraded at all. you're pretending there's improvement happening where there isn't.
it's true there are risks involved, but there are ALSO risks involved in doing nothing.