I read all your answers. A lot of it is word salad. That’s why I asked you to explain it to me like I’m 5. But I appreciate your time and I respect your passion for privacy. If you don’t know how much monero is moving around then you can’t see the total supply. If you can’t see the total supply in all of the addresses then you have to trust that the monero team’s code isn’t wonky. What if there was a bug that increased the supply? There’s no way to know. Best case scenario, monero could be used for privacy (maybe) but it’s not a good store of value. Bitcoin might not be private by default but privacy on bitcoin is very doable and I think you’re smart enough to figure that out.
Discussion
What part of
"We can also know that transaction amounts are valid even though the value of the inputs that you are spending and the value of the outputs you are sending are encrypted (these are hidden to everyone except the recipient). Because the amounts are encrypted using Pedersen commitments what this means is that no observers can tell the amounts of the inputs and outputs, but they can do math on the Pedersen commitments to determine that no Monero was created out of thin air."
you didn't understand?
It doesn’t make sense. What is a pederson commitment? How can you know there is no inflation if no one can verify the inputs and outputs? One of your posts said the miners do it. Ok so the miners can also figure out what is being sent? So if feds start mining monero then they can figure out everything you’re doing. And monero mining security is extremely weak so it’s not impossible.