Yet still continue to recommend a solution that compromises nearly all major value props of Bitcoin and offers vastly inferior privacy...
Great, then you admit the word shitcoin has lost virtually all meaning.
>Anon set matters for privacy thats why Bitcoin is better
>Anon set doesn't matter for privacy with Liquid vs Monero
This is what we call cognitive dissonance. Choose one.
Not only does Liquid have a trash anon set vs Monero, but Liquid only hides amounts. It doesn't hide sender or reciever. The transaction graph is completely visible. It is also a cucked permissioned network. They also *just* barely open sourced their code a couple of days ago so this whole time yall been recommending a closed source solution LOL. Probably due to Paul Sztorc calling them out recently: https://twitter.com/Truthcoin/status/1689337656319016960
Liquid:
Alice sent $[?] to Bob
Monero:
6% chance Alice sent $[?] to [?]
If you took any time to understand how ring sigs and privacy by defaults worked you would also realize it's anon set is much larger than Bitcoin.
Get them KYC free
[Fiat <-> BTC]
-Bisq
-Agoradesk
-Robosats
-Peach
-HodlHodl
-Vexl
-Azteco
bisq.network
agoradesk.com
robosats.com
peachbitcoin.com
hodlhodl.com
vexl.it
help.azte.co/category/6-buy-a-voucher
This is advice for curious Bitcoiners not necessarily Monero maxis.
If they think Bitcoin will continue to be the best Store of Value it makes sense. I can't really blame them for thinking this if historically this has been the case. None of us know the future for sure. And they have nothing to lose by continuing to save in Bitcoin and only using Monero to spend.
You can either swap to Monero or have a small amount of Monero that you replenish for spending.
Nothing to do with NGU huh?
You're full of it shishi
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Não respondeste à minha pergunta.
É óbvio que é novo ou que não aprendeu nada com as doações em bitcoin aos camionistas canadianos. A falta de uma privacidade forte por defeito tornou as doações em bitcoin alvos fáceis para o governo canadiano reprimir. A bitcoin é mais parecida com um CBDC porque os utilizadores podem ser vigiados pelos governos.
E no futuro, 99,9% do mundo não poderá pagar por transacções na cadeia porque as taxas serão demasiado elevadas.
Também não precisa de poupar com o Monero, se é esse o seu receio. Basta usá-lo.
Monero is just another FOSS project like Bitcoin, but traded transparent simple auditability for much better privacy. Simple examples:
Bitcoin transaction:
Alice sent $X to Bob
Monero transaction:
6% chance Alice sent $[?] to [?]
As you see amounts and recievers are completely hidden with Monero (uses confidential transactions and stealth addresses to achieve this. They don't appear on the blockchain at all). Coinjoining Bitcoin only obfuscates, but the transaction graph and range of connections and amounts still exist to be uncovered with more data or user mistakes.
Save with Bitcoin, spend with Monero if you value privacy.
O Monero é FOSS, tal como o Bitcoin. Onde está a confiança?
To be fair, Monero doesn't erase KYC either. It only helps forward privacy.
You have to buy KYC-free with both Bitcoin and Monero.
But KYC does mean you have to conform to whatever the state wants you too or you go in cagey. A big step towards centralization.
I can know Bitcoin has absolute digital scarcity, while also know Monero has much better privacy.
Yes, but CPUs and GPUs are hardly competition to those attacking with ASICs. What percentage of Bitcoin is mined using ASICs? Probably 99.9%
ASIC short supply means you can't easily or quickly recruit more ASICs for honest users to fight back.
And about the video, AA is great, but it assumes a rational economic actor. States don't give af about that. They can throw other peoples money at the attack indefinitely.
CPUs easier to attack, but easier to access for honest users: If attack is successful, it can be countered by activating more CPUs from honest users.
ASICs harder to attack, but harder to access for honest users: If attack is successful, it is basically game over.
Check out trocador.app if you like swapping between xmr and btc
btc -> xmr -> btc is not recommended though. Trivial to trace if not done right.
Just swap to Monero and spend
Or coinjoin your Bitcoin and spend
Why would you want the irs to know how much Bitcoin you own? What happens when they come asking what you did with it? What about when unrealized capital gains tax drops? How about when that list eventually leaks or gets hacked?
https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md
Ok, then why do you care about all these other privacy improvements if it doesn't matter? Why do you want privacy?
None of your excuses (right or wrong) stops the state or chain analyst companies from associating your transactions with others: https://www.torekeland.com/roman-sterlingov/
Also doesn't stop others from connecting the dots (correctly or incorrectly):
https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md
Yes, you throw that permissioned and inferior privacy solution in the trash and use Monero.
L2s have their own major trade offs. Will never be a complete substitute for Monero. Lets see we have Ecash(custodial, rehypothecateable) and Liquid(permissioned, only hides amounts) so far with all their other problems. Unless you like your privacy with a side of cuck, Monero will always be used. Monero is also not static and waiting for yall to catch up. It is constantly improving it's privacy.
Any minute now Bitcoin will have it's major privacy solution. Just wait a few more years bro it will be on Layer 4. ⏰