I never felt that, and I'm here since the beginning. It was always obvious that pseudonymity was not enough, and any attempt to partition funds was doomed from the start unless I never did transfers across wallets.
Incidentally, that is why I got into Monero very early on, I recognized the (should be obvious but apparently not) problem Bitcoin had, and still has.
Protect this man at all costs. nostr:note1xm4uype7ctrajfa64x0gcu3pw64ar6pge9849pzpaehntumw5w7qafenn3
Super testnet didn't kill himself.
Sounds like transphobic antidemocratic hate speech to me, someone call the nostr CEO and deplatform this guy!
(/s)
You'll mostly get love for the LN from me, I use it almost every day.
But it's an apple to oranges comparison. Second layer vs base layer, must be online to receive or use a third party (even though noncustodial), have to be online every so often in order not to be potentially rugged, privacy not as equally good for sender vs receiver, and last but not the least, liquidity issues (try routing a payment for a car or a house over LN today without opening a channel directly to the destination).
Nevertheless, and even though it isn't its raison d'être, LN does provide enough privacy and anonymity for Bitcoin transactions made over it, which is why I use it myself & recommend it to friends.
Undeniably as well imo, the ui/ux experience of lightning wallets like phoenix is undoubtedly better than anything Monero offers today.
#monero #bitcoin #privacy
I largely agree with all you said, which is why all my wealth is in BTC, not XMR.
But you can bet it's XMR i'm gonna use when I need to make that $20k payment that is not gonna route over LN and which I don't want to keep on a wallet I need to remember to open every 2 weeks in order not to be rugged.
No. There is no onchain privacy today, it is for everyone to see how much, where from and where to.
That is in spite of AML/KYC.
But it makes AML/KYC a lot more damaging than it had to be.
That would be like saying no problem Signal messages are not encrypted end-to-end, no, the problem is the phone numbers are KYC'd.
Incorrect. The problem would be the messages are not secure.
Option 3: engulfed by dogma and groupthink.
Vast majority of people I see being like this are neither retarded nor stupid.
They've just fallen victim to groupthink, and believing they know better than everyone else (big ego) is not helping things.
And because of that, we have ALL suffered. Because in the end, Bitcoin maxis or Monero bros, we're all looking for the same. More freedom and more autonomy.
The mass-failure to recognize #monero for what it is - the biggest fuck you to the totalitarian mass-surveillance system that keeps growing and under which we presently find ourselves, has had deleterious effects for freedom fighters everywhere, as Bitcoin maxis of all colors and sexes larped on and on and on and outright dismissed another tool, just because it has a different flag.
No second best and all that dogmatic stupid crap.
Well, for 15 years now those maxis have normalized transparency, traceability, zero privacy.
Blinded by dogma and hubris, they could not see they were setting in motion the inevitable.
That one day, because tracing is possible AND trivial on Bitcoin, the powers that be would do everything in their power to stamp out any and all hiding places in a very public ledger.
Thankfully for us, though they are evil and control freaks, they don't seem to generally be very bright, so it took them 15 years to accomplish what could have been done in 3 or 4 years.
It's time for the maxis to reflect. We who use Monero as a tool, the best tool for financial privacy we have IN THE WHOLE WORLD, tried to warn you.
We were ostracized. Laughed at. Sneered at.
Your cups were already full, and no new water could go in.
And I'm not saying all this to rub in your face that you were wrong.
No, I'm saying all this because I am certain that without privacy AND anonymity, we won't be able to progress towards the freer world with less State interference that so many of us envision.
Bitcoin as it exists today just isn't that tool. And it boils down to its lack of fungibility, which stems from its lack of privacy.
I'm not saying start a new religion based on Monero this time.
I'm saying, stop treating this stuff as a religion, with priests, dogmas and heretics.
Fucking USE Monero, it is the BEST tool for financial privacy TODAY.
Normalize anonymous and private payments. This has been the standard throughout ALL of history!
And yes, make Bitcoin better! It has by far the biggest network effect and a very recognizable brand.
Either we win and we get to do with money what the cypherpunks managed to do for calls, the web, im, etc, or they win, and we get the world we deserve because of our failure to collectively get our act together.
Stop with the nonsensical tribalistic nonsense. Choose the best tool. And help improve other tools that matter to you if you can.
The dogmatic nonsense is what got us here.
It can be publicly auditable AND opaque.
This is a very common misunderstanding.
You have to trust something in the whole system, that trust might be reasonably placed in cryptographic primitives that assure anonymity and privacy as well as assuring no inflated coins are created, primitives which have been reviewed and audited, over and over again.
From compilers to central processing units to hash functions, you are already trusting a LOT in Bitcoin.
#monero adds a little bit to that gigantic pile or complexity.
All of this is explained in https://www.moneroinflation.com
Seems you have not even bothered reading the site I linked.
https://www.moneroinflation.com
Ironically btw Bitcoin has had two inflation bugs before. #monero, zero.
As #monero users have REPEATEDLY insisted over the years, to the silence of most Bitcoiners... if the base is transparent, any attempt at gaining privacy is itself noticed, and becomes suspicious, while normalizing helpless transparency and increasing the power of tyrants.
Wake up, everyone! Without privacy, Bitcoin is not freedom money, it's one of the most perfect financial mass-surveillance tools ever created.
Why oh why do y'all think Bitcoin was tolerated, while Monero gets delisted?!
One furthers total control and surveillance. The other does not.
People are now coming to that painful realization.
Oh yes, I remember reading that passage last year while rereading some of his books.
Which book was it again?
Which is why a certain fungible altcoin keeps getting delisted from the CEXes.
Translated, this is how it sounds to me:
"Freedom is dangerous. To keep society free, we must take freedom from everyone".
Exactly how fucking everyone (it helps that the majority doesn't even realize they are getting fucked, but this always seems to be the case; think covid, inflation/fiat scam, etc) and destroying the freedom of individuals results in a society that is freer for everyone, appears to be a logical impossibility.