Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Vs Monero - Privacy as the world becomes more dystopian
by
kryptqnick
on 21/11/2023, 16:08:34 UTC
While I am somewhat concerned about privacy violations and how tons of data end up in the hands of corporations, as well as governments, it's not my #1 concern, and I don't mind a balance of privacy and security. So, to me, Bitcoin is enough. When using a wallet like Electrum, I'm not providing any information about my real identity to anyone, so it's private enough for me. Perhaps, if someone really put their mind to it, they could find out my real identity, but why would anyone want to do that? It takes resources, and I'm just a regular human being.
I don't mind Monero and the existence of similar currencies, but I also appreciate the transparency that comes with Bitcoin's pseudonymity, so I don't feel like I need Monero, personally.