Yes, you can do swap, with the problems I quoted above.

It is as private because of two things:

- you can have as much privacy as you want and you can want same privacy as Monero. No public record of transaction anywhere. And that is regardless of sending and receiving counterparty's choices

- you can actually use it in many more cases, making your financial life more private. I remember at one point a Monero meetup where people were sitting at the bar without drinks. I came to ask if they're ok and they reluctantly said they can't buy drinks because the bar only accepts Bitcoin. So I got them drinks. Many Monero maxis would not do a swap (not very private even, the provider sees the details of the tx, even though they can't identify either party), and especially online, the choice is Monero or credit card. If Monero is not accepted, they pay with credit card. My choice of practical private online transaction is just bigger. I'm not a Bitcoin maxi, I'd gladly pay in Monero and I actually like to do it, but I simply don't have the chance that much. The shop I use most for online purchases (Alza) takes lightning, shitcoins like usdt, but no xmr. I can do swap, but I pay additional fees, I have to wait and hope the swap goes through before the invoice expires (not lightning invoice, just the general payment code expiration due to exchange rate). So for my practical purchases, Lightning is just so widely accepted that it does not make any sense for me to look for other merchants that accept xmr. There's no sender information in lightning transaction, so I just pay and it's private and instant.

So practically, lightning is what gives me financial privacy. Monero is just too niche to work in practice.

BTW: for swaps, I started using Zcash, thanks for your howto, it works pretty well.

I've also done the anypay.today project for this. You scan a QR code, it gets converted through trocador, the source is always lightning because I don't want to wait for miners in order for the payment to go through. One click, instant confirmation and whatever shitcoin the recipient wants they get. With Monero swaps, it's often 10 or more minutes until the recipient sees the tx.

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But then your have to hold Zcash... At least monero has some potential of price appreciation.

See nostr:nprofile1qqsxd7rasz53jav2vjlq6twg5wj68lgvm0t4lj79skkka9jju8qfv3cpzpmhxue69uhnzdps9enrw73wd9hszxthwden5te0v9j82mr59ccnsurvw4ejuum0vd5kzmqr63y6e's https://frankbraun.org/zecbag

But no, not really. I also hold Monero only for small purchases, where it does not matter. Bitcoin is the ngu tech

Ngu tech? You serious? It gets pumped by fiat and stabelcoin masters as if fake NGU numbers mattered.

I would not trust my savings with NGU tech that relies on the fiat printer to socially (not technically) work!

If there's anything you can rely in this world, it's fiat printers.

Zcash has good tech, but too many flaws in other areas like a dev tax. Use it when LN or Monero (especially post FCMP) are not available. It's still a better private means of transacting than almost all other "cryptos".

Especially with the near intents swaps, you can pay any shitcoin privately. Someone wants usdc on Arbitrum? Sure give me the address, I'll pay it right from Zashi.

And there's no CEX involved that could stop the tx.

I think Cake is implementing these automatic swaps from xmr into other crypto as well.

Amazing, the more, the better.

Only problem is that most exchanges are super slow from xmr, they not only wait for confirmation, but until it is spendable. If you for example have an invoice that needs at least unconfirmed transaction in mempool of target in 15 minutes, because of an exchange rate, it does not work. 2.5 minutes is still quite long, but bearable.

Yeah lightning to shitcoin remains undefeated.

With all due respect to Frank, this article does not claim to be objective. It is an article written by someone who has invested in Zcash and believes it has "enormous potential". This is neither good nor bad; it is simply a fact that the article is written in this style.

There's no objective investment thesis by definition.

So if you want to transact in monero you buy some and then spend? I'm holding 1-2% in monero but am considering going just all in bitcoin.

I sometimes get paid in Monero and I keep that and spend it. I don't have a more sophisticated plan. I don't purposefully buy or hold

its good to hear of LN being this widely accepted.

if people were actually using it in a trustless way it could be private.

for now it's just "private because nobody is looking"