Because I can't use gold to instantly transact with anyone in the world, like I can with Monero, and remain private. Cash and gold are good locally though.
I'm just bringing it up because you act as if Bitcoin is the only store of value, or as though it's ridiculous to store value in things that are private. Obviously not!
Bitcoin is traceable, verifiable and private.
If people make kyc on the exchanges, Btc isn’t private anymore and that’s it .
Monero guys confuses privacy with transparency / transable.
Or you guys are stupid or want to promote this shitcoin to make exit liquidity to through other people which is buying with bitcoin.
I think you are the one who is confused.
Bitcoin is not private. You can transact "anonymously" because there is no identity attached if used correctly, but your transactions are fully public for everyone to observe (sender, amount, and receiver are not hidden).
That’s transparent and anonymous. You check what you want but you don’t know how is behind of that (if don’t make any stupid kyc ) .
Bitcoin: Don’t trust verify (that’s it)
Monero: I don’t trust and can’t verify
Lmao you're just describing an antonym of privacy: transparency
Bitcoin is transparent and pseudonymous(if used correctly)
Monero is private and anonymous
You can verify something without knowing what it is. Learn what ZK is.
