It doesn't reveal sender reciever for confidential transactions. And yes volume is bigger on Monero but it still has degrading purchase power. You can move into liquid and hold there for a reliable amount of time without losing purchase power and move out much later to preserve privacy. It will overtake Monero volume in time when you guys figure that out or if Bitcoin ever has more privacy at the base layer and I'm not so sure it should.

Reply to this note

Please Login to reply.

Discussion

No it doesn't. Confidential transactions only apply to hiding amounts not sender/reciever. It says this on their own website.

"The addresses of senders and receivers further remain visible as well and can be retraced like on the Bitcoin blockchain"

https://help.blockstream.com/hc/en-us/articles/900001390743-How-does-Liquid-keep-my-transaction-data-confidential

What does price have to do with your original point?

You tried using Moneros transaction count as a metric for privacy, but then suggest using Liquid as an alternative which has a microscopic tx count - even compared to Monero

Excuse my ignorance. I couldn't find them when browsing the chain.

I can't tell if you're being sarcastic or genuine, but if you are being genuine no problem. I was mislead about this a few years ago too.

I really don't hope for you that Bitcoin will become too much private, because you will say goodbye to WallStreet and Governments trillions, you will be judged as the bad guy like Monero is today and your "purchasing power" will magically vanish.