113. Bitcoin and privacy
For those seeking a certain level of privacy in their financial transactions, Bitcoin represents an alternative to traditional banking systems.
By using non-custodial wallets and techniques such as CoinJoin, users can anonymize their transactions, protecting their financial privacy.
This is becoming increasingly relevant in a world of growing financial scrutiny.
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It's an option but that I also see Monero as an option for transactions at least. I don't see why we can't hold our wealth in Bitcoin by default and then switch to Monero if we're going to be making a lot of transactions. That's why I can't really get behind the "no second best" mentality. I like Bitcoin because I see its benefits and thus I support it, but I also think that there are benefits to a few altcoins like Monero for privacy.
Thank you for sharing your point of view.
Yes indeed we need bitcoin but not 100% bitcoin because we all want what pays a little more.
