Money supply must be transparent, transactions must be private.
Monero is missing the first. Bitcoin has both.
Discussion
no
give me your best guess
how much of Bitcoin usage is non-custodial noKYC?
Kanzan, I don't give a single fuck about how other people use their bitcoin. It's their problem. Majority of bitcoin hodlers are statists that will sell/lose their sats. I couldn't care less about anyone really besides myself, my family and my friends. Bitcoin is for cypherpunks, anti-statists and freedom-maxis, everyone else who doesn't fit that description will NGMI.
its germaine to the discussion how these things are *actually used*
if 1% of "bitcoiners" actually use it in a self-sovereign way
that is the anonset you and I are hiding in.
for example
up to a certain date all my coins went through Whirlpool and were sent to cold storage.
from a Chainanal point of view
I have an anonset of other Whirlpool txs.
they know some utxos went in, were mixed and came out the other side.
thats opt-in privacy.
it's SOMETHING but relatively speaking, it's not a very large anonset.
because 99% of users do nothing.
in contrast to monero.
you see where this is going...
Bitcoin has opt-in privacy. weak opt-in privacy since there's no good tools right now.
even if you jump through all the LN hoops and do everything right
its still a tiny group of people doing that.
so no, transactions are not, in any way "private"
and there's a reason why we have a *default private* L1.
if yall were actually intellectually honest you'd stop trying to pretend like theres anything equivalent.
