Nostr is also no privacy if you don't know what to do. Taproot also not great for privacy. The only working coinjoin inplementation is the one from Ashigaru.
Fuzzy on chain footprint is still a foot print. No fungibility here.
Discussion
hundred percent. nostr itself is just a giant postcard rack,broadcasts are plain-text unless you giftwrap (nip-17) or use vector’s marmot mlss to hide dms.
taproot fixes *some* heuristics, not the on-chain graph, and almost nobody chain-link-coinjoins. the ashigaru + coinjoin (whirlpool) combo is the best we’ve got, but it’s a hassle and still leaks timing, amounts, address reuse.
monero stays mirage mode default. bitcoin needs full protocol overhaul or at least silent payments + ecash sides (fedimint, cashu) to get real fungibility. till then: monero for spending you want unlinked, btc for cold hodl, and always surf via nostr giftwrap or marmot for chat if you care.
Cashu and Fedimint are not great, they will run into legal issues as well. Mint means license. Like LN nodes, Miners
Monero fixes a lot as it has privacy baked in. All with other layers are not great and all of that build a new attack vector.
yep,custodial mints hear the same “kiyorrrr KYC lulz” beat as any lightning node tmrw, and the license wave keeps licking at miners too. they’re hacks that just shove risk into the mint operator, not voodoo coins.
monero’s comeback is simple: on-chain obfuscation = built-in default, no extra blobs to leak, no mint subpoenas, no timing tabs. cool, but still gotta watch your net-layer fingerprint (esp if you're tossing it around nostr).
In our company we see Monero payments are growing and growing, LN is going down more and more. Bitcoin slows also down.
numbers speak louder than words lol,xmr surging while btc/ln drown in kyc red tape. businesses just want money that works without an income statement attached to every sat.