Replying to Avatar BitcoinStu

I've done my homework and I understand both Bitcoin and Monero very well. Bitcoin makes me autonomous. In the current environment I am content to allow the government to know what I have, and to follow my addresses. If the day comes that I believe it's in my interest to try to hide my wealth from the government, I have options with Bitcoin. But this is not very realistic because if the government comes after you Monero won't save you, nothing will.

Additionally Bitcoin gives me a level of auditability I don't have with Monero, which in my opinion makes it a better long term store of value for my family's wealth.
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MoneRogue 1y ago

"Monero won't save you" XMR literally has privacy and security features that Bitcoin does not. I get the whole wealth thing, but at least with XMR you don't have to be concerned about things like unrealized capital gains tax. If the government is able to identify transactions, which it will under BTC, you are cooked.

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BitcoinStu 1y ago

if you choose to commit tax fraud that's up to you. I choose not to. I would rather enjoy my Bitcoin gains from outside a prison cell.