Post
Topic
Board Bitcoin Discussion
Merits 4 from 1 user
Re: Bitcoin Vs Monero - Privacy as the world becomes more dystopian
by
barto123
on 22/11/2023, 20:08:21 UTC
⭐ Merited by o_e_l_e_o (4)
I love bitcoin, however i see privacy as the #1 concern going forward.

There's no other cryptocurrencies that can provide you with the level of privacy you can have with bitcoin after knowing well that bitcoin itself is a decentralized digital currency and most of these altcoins are centralized, privacy is achieved at it's maximum level with bitcoin.

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

I still don't get the reason why you need to compare bitcoin with monero here, they are different things entirely, any further discussion about menero should be channelled under altcoins discussion, maintaini bitcoin discussion here is more of need than altcoins discussion.

Agreed, decentralization is very important. Monero is the only one besides Bitcoin that even comes close IMO. Most are centralized scams.

I'm more concerned about privacy here. Yes I think you can achieve privacy with Bitcoin, but it's not by default & it's not easy. Also with high fees, achieving good privacy is even more costly.

I know a lot of Bitcoiners secretly use Monero as a privacy tool for their final spend, that's another reason why I don't think this discussion belongs in the altcoin section.