Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Vs Monero - Privacy as the world becomes more dystopian
by
Odohu
on 21/11/2023, 12:09:43 UTC
I love bitcoin, however i see privacy as the #1 concern going forward.

Monero is quietly gaining lots of adoption on websites, services, exchanges, dark net markets etc.

Most of the truth & freedom movement appear to recommend it over Bitcoin.

Node count has passed BTC and mining hash rate is growing rapidly as you don't need an Asics, just your PC.

To me it seems Monero is something that should not be ignored.

Also scaling is another issue, Bitcoin fees are 1000x Monero fees.

There's no reason why you can't Coinjoin/Lightning your UTXO's in conjunction with Monero - it's a good privacy tool and supplement to Bitcoin IMO.

Thoughts please. I want some honest opinions here.
Even with all these and more supposed advantages of Monero over Bitcoin, I will still choose the later. A lot of projects have been developed with some claiming to be able to solve the scalability trilema that is attributed to Bitcoin but none have been successful in achieving this. There was a time ripple prided itself as being able to achieve this until time shows that ripple might be heavily centralized.  I believe with time, the weak side of this major contender will also surface and it will become obvious that Bitcoin will always be the leader.