satoshi was a genius
he invented private digital money
which cannot be tracked and traced
Discussion
It can be tracked and traced.
no monero cannot be tracked and traced
Satoshi invented monero?
Lol 😆 🤣 😂 😹 😆 🤣
Made my day José
It was an honest silly question 🤣🤣🤣
read the satoshi whitepaper
Can you send me the link?
Thanks 🤙🏻
I’m gonna read
welcome
I can’t see where you get that on this..
because you did not read it
satoshi nakamoto wrote:
"The necessity to announce all transactions publicly
precludes this method, but privacy can still be maintained by breaking the flow of information in
another place: by keeping public keys anonymous. The public can see that someone is sending
an amount to someone else, but without information linking the transaction to anyone. This is
similar to the level of information released by stock exchanges, where the time and size of
individual trades, the "tape", is made public, but without telling who the parties were."
this has nothing to do with bitcoin.
it describes what monero does.
I read that, that’s not mean he created monero, but I read that and I see your point 🤙🏻
Is Bitcoin private though?
Private in terms of ownership is not the same as private in terms of chain analysis. Satoshi did not create untraceable money.
Pseudo-anonimity!
Did you feel Satoshi would approve of privacy upgrades? Because I believe that was his Vision
Right. But bitcoin can be tracked and traced no?
Yes, but there are ways to add privacy on top of it.
on top is retarded
no one wants that
not secure
complicated
and you can lose money
and it is not even private
Lightning is one way, it’s more private and still secured by the underlying chain.
not private
nor secure
complicated
expensive to get in and out
centralized too, controlled by large companies
and it has nothing to do with bitcoin
lightning runs on any network, it runs on litecoin for example. but no need.
it can run on monero but for what?
I’m not getting into a debate about Monero on my day off. Peace out. ✌️
you gave up. monero won
There are a good way to make your BTC transactions private. I can't remember the name of the pool system where lots of transactions mix so it's really hard to trace it
here is what satoshi wrote:
https://bitcoin.org/bitcoin.pdf
it has almost nothing to do with bitcoin as it is today.
but it describes monero 100%
satoshi nakamoto wrote:
"The necessity to announce all transactions publicly
precludes this method, but privacy can still be maintained by breaking the flow of information in
another place: by keeping public keys anonymous. The public can see that someone is sending
an amount to someone else, but without information linking the transaction to anyone. This is
similar to the level of information released by stock exchanges, where the time and size of
individual trades, the "tape", is made public, but without telling who the parties were."
this has nothing to do with bitcoin.
it describes what monero does.
So why does it says Bitcoin and not Monero?