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Replying to Avatar n0>1

Forgive me of this doesn't make any sense. I am trying to understand the trade offs between monero and bitcoin. My understanding is that monero might be better for decentralized mining since there is an effort to keep with cpu mining. I also hear the point that the chain on monero will get very big and this will be a problem for individuals to run nodes in the future.

I have been in bitcoin for quite a while and I fully believe it is here to stay. But I have the feeling that monero might be around as well so I want to understand better.

What are your thoughts on those trade offs. Do you think monero is a shitcoin or does it have a place on the future. And is it possible that it eventually the gap closes somewhat between the networks of the two, as we find the need for privacy grows?

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Marc Kat 9mo ago

Oh boy. I have an answer, but give me some time to write something up.

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Marc Kat 9mo ago

Why do you want to be private? Generally speaking of course. Security, Freedom?

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n0>1 9mo ago

I am not all that worried about me personally because the way I live keeps me pretty well insulated from outsiders. Also I mine bitcoin and know how to be careful on how move it around. Just as a general principle, I like privacy.

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Marc Kat 9mo ago

Thanks.

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