I respect the opinion but you shouldn’t be willfully ignorant on Monero specifically. It is ultimate privacy. Bitcoin would’ve been even better if it had the privacy aspect that Monero has
Discussion
What may be applicable to some isn’t necessarily appropriate to all. That’s understandable.
Not it would be just Monero when it would have these aspects. It is perfectly good, that Bitcoin exists parallel to Monero. Like this people who appriciate privacy use Monero and people who want the crypto with most prooven algorythm, that one does not loose its coins, stores his coins on Bitcoin.
I am rather for privacy and even newer coins like #solana, since they seem to have solutions to scalability, energyefficiency, smartcontracts, dapps and so. Therefore for me it is more intresting then the oldes cryptocurrency.
I respectfully disagree, I think adoption would be harder if it was private. Bitcoin you can verify, if it was private you would have to trust.
Bitcoin White Paper 10. Privacy, "The traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third party. The necessity to announce all transactions publicly precludes this method, but privacy can still be maintained by breaking the flow of information in another place: by keeping public keys anonymous. The public can see that someone is sending an amount to someone else, but without information linking the transaction to anyone. This is similar to the level of information released by stock exchanges, where the time and size of individual trades, the "tape", is made public, but without telling who the parties were."
Interesting, those are some good points. So what role does Monero play in all of this? Can you be more specific than the other post I had commented on? I am just trying to learn a lot more about it and would like your view