I have been using bitcoin successfully, and NO issues...Recently a friend of mine that it is not safe because it can be tracked. My friend
said that I should use MXR instead. Someone please provide some clarification. If I should convert to XMR or isthis guy exaggerating?!?
Bitcoin transactions are recorder on a public blockchain making them traceable to some extent. Although your identity isn't tied to you bitcoin wallet, advanced analytics can link wallet addresses to individuals which raises concerns for those who value privacy.
Monero is designed for privacy. It uses advanced cryptographic techniques like ring signatures and stealth addresses to hide transactions details making it much harder to trace. This makes monero a preferred choice for users who prioritize anonymity.
Whether to switch depends on your needs. Bitcoin remains highly secure and widely accepted which is an advantage for general use. Always weight your priorities and do your own research before making a decision