A fully transparent blockchain seems like a great fit for "awesome privacy" ๐Ÿ˜…

Reply to this note

Please Login to reply.

Discussion

I think the Lightning Network (LN) itself gives quite a bit of privacy... You don't need shitcoins for that.

Not to mention simply acquiring them also poses other privacy risks.

Exactlyโ€ฆ ๐Ÿคทโ€โ™‚๏ธ

Like?

There are very few places to exchange them without KYC, especially if you need any actual liquidity.

Monero is delisted or unavailable on most KYC exchanges. Meaning you're likely going to get it no-KYC p2p or through a swap service (Bisq, Retoswap, Robosats, XMRBazaar, Trocador, etc).

But either way the KYC problem isn't unique to Monero and doesn't change it's on-chain privacy - they would know you bought X amount of Monero. Not necessarily what happened to it after withdrawn.

Definitely more private than on-chain I'll give you that. I just found it funny that's all.

Some people act think blockchains were made for privacy when in fact itโ€™s the exact opposite.

There is no reason why a blockchain can't be private. We're in the age of zero knowledge encryption it's not 2008 anymore sir

I still donโ€™t have a need for them that canโ€™t be served by something within the bitcoin ecosystem.

Fair enough...but not sure what your personal preference has to do with your claim about blockchains and privacy