95% of LN users are on custodial wallets and LSPs that can see everything. And even if everyone suddenly decided to use LN correctly - receiver privacy is terrible and even hidden balances can be probed and discovered by larger routing nodes.
LN devs telling you is not private:
bitcoinmagazine.com/technical/state-of-bitcoin-lightning-network-privacy
Lol, have you read the article?
“Senders have amazing privacy on Lighting on a general level,” Giorgio said.
That's right, "amazing" sender privacy just like I claimed.
Receiver privacy is being worked on, but let's not claim Monero doesn't have any challenges. It can't scale, there could be an inflation bug, etc. Bitcoin made the right choice to build on a foundation of transparency, and to add privacy later. The market has been confirming this time and time again.
Also, Bisq and Robosats are Bitcoin decentralized exchanges that happen to offer an xmr trading pair. Xmr trading is very limited to almost non existent on them.
Yes, I specifically said receiver privacy is bad. So, why would I settle for incomplete and complex privacy? We're just supposed to wait for some indefinite future until it's fixed? LN has always been prioritized around fast and cheap payments for retail, with privacy as an afterthought.
As for inflation bugs - if that worries you just don't use it as a SoV. Problem solved.
Monero is Bisqs largest volume trading pair by far. Samourai Wallet, one of Bitcoins largest coinjoin protocols, also just implemented BTC-XMR cross chain atomic swaps.
So clearly there is major demand for it even from Bitcoiners.
Bisq indeed has high volume XMR trades (a few power users), but the absolute majority of trades are not with the Monero trading pair.
There is no "major" demand. It's at best niche compared to demand for bitcoin. Atomic swaps have been a buzzword for many years, glad to see there is finally smth happening there..
So we have BTC atomic swaps
BCH just finished atomic swaps for Monero
ETH is in progress
I'm sure you don't care about the last two, but just bringing it up to show more doors for atomic swaps opening up and CEX delisting become less relevant by the day
