Post
Topic
Board Development & Technical Discussion
Re: BTC Needs A Privacy Layer
by
BlackHatCoiner
on 23/05/2021, 17:47:51 UTC
Moreover, I see this Monero argument everywhere around yet I do not understand it.  Monero has probably been deemed illegal on less markets and in less countries than Bitcoin.  Do you think having more privacy is that bad or why does almost everyone seem to hate or be scared of the idea of having privacy nowadays?
Privacy is a “virtue” that is nowadays omitted. Its violation is being taken for granted. What people don't get is that the more privacy shouldn't be bringing fear, at least not from the government. It's the relation between the people and the government that forms this bad-shaped opinion.

Bitcoin/Monero/Tor wouldn't destroy a healthy functioning state. It's already working unhealthy and Monero is a way for people to actually escape from the whole system. Bitcoin did it and it's being censored a million times in the past. Having a block chain that operates completely equivalently for each unit is a genius move. I don't want to offend the guy behind Bitcoin, but this is actual cash. I won't be surprised if Monero reaches in the triad by market cap.

Bitcoin is already not fungible for the exact reason you point out - some exchanges and other centralized services will lock accounts and freeze deposits if the coins can be traced to darknet markets, coinjoins, etc.
I didn't know that they do that for coinjoins too. Now this is getting serious...