Privacy on bitcoin is so much more important than anyone is telling you. If you can't have privacy, the state will never leave you alone about it. In fact, they can't and they shouldn't.
If not for tools like
@SamouraiWallet
's Whirlpool, I would have given up on bitcoin.
Money is like blood in the human body, it travels to every part, and carries necessary nutrients.
In economic terms, money carries information like supply, demand, price signals, velocity, etc.
Today we do not have money, we have fiat currency. The money is not honest today. Like contaminated blood, it is traveling, destroying everything it touches.
When CBDCs eventually are forced upon people, it will be equivalent to a mandatory blood transfusion with tainted blood. Money, like bitcoin, will hopefully reach a critical mass before CBDCs are implemented so people have an option for an alternate economy, where money is honest, not government controlled.
That's why Monero is so important. In the case of mass adoption of BTC, 99% of itsuserss will lack the skill to make their transactions private and by that endangering themselves and everybody else.
That's why Monero is such an important project. Opt-in privacy doesn't work.
Where do you get the certainty that users won't be able to make private tx in Bitcoin ? What if apps are built and it's a brainless click to select 'private' ? Are you not underestimating human innovation here ? The landscape is not static.
