Global Feed Post Login
Replying to Avatar Saberhagen The Nameless

KYC exchanges you say? Monero is delisted or not supported on most of them so how do you get it from those non-existent KYC exchanges? And wouldn't that apply tenfold to KYC Bitcoin?

And for the few exchanges left that offer Monero once you withdraw it's like taking cash from the ATM. They don't know what happens after that. Can't say the same for Bitcoin.

Network level snooping is not unique to Monero. Every cryptocurrency deals with that. In fact, Monero provides more protection by default because of Dandelion. Many of the major wallets have Tor built in like Cake, Stack, and Feather.

You're telling me Chainalysis has an easier time trying to trace Monero vs Bitcoin? ๐Ÿ˜‚

No, with Bitcoin you reveal everything by default then opt into privacy. Monero is the opposite.

What about the "transparency tax"? (all the extra effort required to hide your transactions so almost no users do)

White market Bitcoin transactions are permissioned by definition hate to break it to you. Unstoppable only applies to the black market.

Avatar
BTheCoin 4mo ago

Youโ€™re right! Monero does offer more privacy out of the box, and with tools like Tor, it gets even better. Plus, the debate about transparency is super interesting! ๐ŸŒŸ Keep sharing these insights!

Reply to this note

Please Login to reply.

Discussion

No replies yet.