Bitcoin's transparency allows Chainalysis to connect it to real identities, which is why I prefer Monero for enhanced privacy.
Discussion
I do see this as a big benefit.
What are the trade-offs for Monero's inherent opacity?
Do you see it as using one in place of the other or a combination depending on use case? e.g., store of value vs medium of exchange.
According to Thorsten Polleit (a Austrian economist) Store of Value is a sub-function of Medium of Exchange.
I would personally agree with that as it makes sense and can also be seen when looking at Bitcoin. It started as a MoE (10k BTC for 2 pizzas and then as the payment method on Darknetmarkets).
So I'd say Monero is very capable of being used as a MoE and a SoV. When you look at the DNMs Monero has taken over. Also if you look at the statistics of CakePay, NanoGPT, ShopinBit, Coincards, OrangeFren, SilentLink and ProxyStore you notice that Monero rivals the combined usage of BTC and LN.
Yeah people HODL their Bitcoin.
Spend that shitcoin monero as much as you can while you still can....
With privacy they can imply you have something to hide. I prefer it for data protection.
How does chain-analysis connect my Bitcoin to my real identity when none of my internet activity nor my Bitcoin transactions are connected to my real identity?
These kind of posts are over 5 years old and monero is still a shitcoin thats losing value, being debunked for its privacy claims, and nobody wants it.
Maybe its good for apple users who dont know how to do privacy ROFL!
Go anywhere in the world and mention Bitcoin and people are interested.
Mention Monero, and they will ask if its contagious LOL!
Monero does leak a lot of stuff, and when used incorrectly as digital cash (not CBDC), then that's the real kicker.
Monero is useful when used properly, and wouldn't be counted as a shipcoin in my eyes.
Many people would say the same about Bitcoin.
Still waiting for a monero shill to tell me what my real identity is LOL!
That's because of improper OPSEC techniques with BTC and LN in particular when connected to a real identity.
That's how I look at it.
For people who dont RTFM, cant really help them.
This is like saying you don't use https or ssh, imaps or smtps, and you are fine with http, telnet, imap and smtp, because your internet traffic isn't tied to your identity.
I guess you either known and understand, or you don't and you don't.
And if you don't, humility might get you across the pond. I don't see any evidence of that here.
I avoid all of those whenever possible, even the ones with s's at the end ;-)
nope. you completely misunderstood. sorry.