Nothing is transparent. No one knows who is in the habit of coinjoining their coins, so if a utxo moves after a boating accident, that doesn't mean the boating accident didn't happen. Also no one knows if someone else found the keys after the accident. Also you're perfectly capable of swapping keys with someone physically to anonymize your utxos without an on chain transaction. Absolutely nothing about this is transparent, and this monero guy is mistaken.
Discussion
I think when bitcoin is used the way intended, it is quite private.
it not and Comtes point is stupid.
plausible deniability isn't the same thing as privacy.
And I thought the USP of Bitcoin over Monero is its auditability thanks to its full transparency.
Bitcoiners always think they can have their cake and eat it, too. Tradeoffs my ass.
Bro how do you "find" a key if its destroyed?
He didn't say destroyed. But I could lose my keys and someone else could find them.
How???
There's tons of ways. One example,, I make a wallet, keep my seed phrase as a picture in cloud storage, lose access, someone else who has access takes the phrase, claims the funds.