Rephrased a lot of this section of my most recent blog post, as it came across as me being satisfied with the status quo of Bitcoin privacy for many people, something which is as far from the truth as possible:
https://sethforprivacy.com/posts/why-i-focus-on-bitcoin/#bitcoins-privacy-can-be-made-good-enough
Thanks for all the great feedback so far!
Gianccomo described it something like: privacy from omission is better than obfuscation , which is better than concealment. Bitcoin/LN > monero > other privacy coins.
Unfortunately that's really a theoretical look at the tools and not a realistic one today.
It's really more like:
Monero > Whirlpooled Bitcoin > Lightning > Standard Bitcoin transactions
Lightning still has serious receive privacy issues and spend privacy issues in many scenarios:
