Im literally on th efront lines of p2p dex development and I can tell you with certainty we will not overtake centralized exchange volume for atleast 5 years. For now its kyc swamps for most everyone which removes any illusion of l1 privacy your coin gives you, the only privacy you can actually have is the one that you maintain entirely on your own, the thought of trusting some peer to peer network for privacy is completely flawed.
Discussion
Ok, if that is the case then why do you keep crying about KYC CEXs? The true test and only unstoppable metric is how your coin is doing on DEXs and p2p markets. Regulators can impose arbitrary requirement and cut-off any coin from a CEX at any moment they choose. Adoption there means jack shit for permissionless money.
Using Monero, Bitcoin, or any coin on a CEX is the same level of surveillance. It's not unique to Monero.
If we are talking p2p use - using Monero OFF OF AN EXCHANGE is a world of difference for privacy and anoymity vs Bitcoin or just about any other coin.
You must not know how encryption works. No amounts or addresses visible on chain. I'll give you an xmr address to look up and prove me wrong right now if you want.
Lmao, I know how CEXs work which have the majority of liquidity which is literally essential for it to be useful as a currency whatsoever. but nah im sure p2p markets are totally solving issues for everyone bro not just tech nerds buying furry porn over tor. I believe you bro dont worry
The most cucked thing I ever read. You sure you are "on the front lines of p2p dex development"?
Lol, now apply your logic to optional "privacy" on Bitcoin. Everyone isn't going to jump 100 hoops to attain it, "just tech nerds", like you say. And they aren't going to deal with running a LN node either!
If it leads users into using the thing custodially...IT ISNT A SOLUTION AND NOT SOLVING SHIT
The difference is that I am not lying about the state of these things and you are, I never claimed any of the things you are. They'll be solved when faggots like you put your nose in the dirt and work instead of waiting for Rickfarto Fagni to get approval from interpol to pass the next XMR hard fork through by force
"the only privacy you can actually have is the one that you maintain entirely on your own, the thought of trusting some peer to peer network for privacy is completely flawed."
Here you go. Tell me any amounts you see that were sent from me (doesn't even have to be correct) and let me know any address I've ever sent to from this address. Goodluck!
89spcfRbp8EZZF2Qf9qJNSBjbx7fJAdJcEf64GBP1Vgg8yNrKHVLtJXLt4jWr3hcYeYUePpKfg5MkNYsjNc9sx3m3ymcMt4