My problem with it is simply to do with what I said. If I want privacy, I'm not sending data about my transactions to everyone on the network, no matter how anonymous it is. Metadata fingerprinting will eventually kill your privacy.
I'd rather have the guarantee of a payment on Bitcoin no matter who knows about it than the risk of Monero eventually dying because it traded off too much security and decentralization for base layer privacy.
It's a matter of my time preference in the end. Monero is catering to a group of people who want higher layer functionality now and is making trade-offs to do it. I don't want those trade-offs, so I'm willing to wait for privacy tools to be built on Bitcoin, which has the strongest base layer. Perfectly good privacy tools and techniques existed before Bitcoin, so it's not impossible to remain anonymous if you absolutely need to.
Jay
npub16as…g2tf
2024-05-04 23:31:46
in reply to nevent1q…3jsf
Author Public Key
npub16as8gepztj9tvyx6n9y4h3cv3gaytgpl3g32jhcxlj6mcss72uaqjwg2tfPublished at
2024-05-04 23:31:46Event JSON
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"content": "My problem with it is simply to do with what I said. If I want privacy, I'm not sending data about my transactions to everyone on the network, no matter how anonymous it is. Metadata fingerprinting will eventually kill your privacy.\n\nI'd rather have the guarantee of a payment on Bitcoin no matter who knows about it than the risk of Monero eventually dying because it traded off too much security and decentralization for base layer privacy.\n\nIt's a matter of my time preference in the end. Monero is catering to a group of people who want higher layer functionality now and is making trade-offs to do it. I don't want those trade-offs, so I'm willing to wait for privacy tools to be built on Bitcoin, which has the strongest base layer. Perfectly good privacy tools and techniques existed before Bitcoin, so it's not impossible to remain anonymous if you absolutely need to.",
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