Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Vs Monero - Privacy as the world becomes more dystopian
by
barto123
on 15/02/2024, 10:43:15 UTC
I don't even use CEX's so I didn't consider even them lol. I meant on swap sites, P2P platforms (Bisq), DEX's, atomic swaps etc

Indeed Bitcoin is more like gold SoV and Monero is more cash. Lightning adoption isn't going anywhere by the looks of it. Coinjoin is expensive in high fee environment as and not really that private. In the mean time Monero is cheap & easy & does give you ample privacy. government don't like it, so there's your proof it works.

Daily transaction count for Monero hasn't changed much in the last 3 years. I'm not sure its adoption is going anywhere either.
https://bitinfocharts.com/comparison/monero-transactions.html

For every new merchant that accepts Monero I see two or three that accept Lightning. This is purely anecdotal so I'm not sure which one has the advantage.

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

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

Node count isn't a very reliable measure because you can cherry pick whichever source is more favorable to your argument. MoneroHash says Monero has 3k nodes while Monero.Fail says it's 22k. For Bitcoin it's 16k nodes according to Bitnodes and 63k according to Luke Dashjr's website.

At the start of scamdemic, Monero started to get more adoption - have zoom out further than 3 years.

I've been in Bitcoin since 2015, there's been so much more Monero discussion last couple years. A lot of people realizing they need more privacy as this digital prison comes online.

Bitcoiners must know it's not private enough. Almost all my coinjoined UTXO's have been censored lately. Yes I do try to use Bisq where I can.

I was hopeful for lightning - just checked 1ml.com - looks stagnant IMO. I remain hopeful, I just prefer Monero at this stage.

Yes, you might be right about node count. However Monero people are similar to Bitcoiner's. A lot of us run nodes. I'd say the number is up there regardless.