I 100% agree with your first sentence.
My point is vast majority of Bitcoins adoption and "rails" stem from the white market. My point is none of that matters for it's value prop since those transactions are all permissioned.
Monero on the other hand is systematically being banned from every white market exchange and further cementing itself in the only real permissionless and free markets (Black markets).
Almost no users will do those last things you mentioned which will affect your crowd to hide in, and those things don't magically make Bitcoin private. It's still a transparent ledger and you're still leaking on chain data that can be used to unmask you.
You can't make "no-KYC" into "non-KYC" by swapping. That central record of how much crypto you bought will always exists. You should always be buying no-KYC if you care about that.
SaberhagenTheNameless / Saberhagen The Nameless
npub14a6…z6rn
2024-06-30 18:17:41
in reply to nevent1q…pqa0
Author Public Key
npub14a6q6xvt4wuv0wpdpfr336e4fweldtu6np3ehpw55h83xuw2h2zsgyz6rnPublished at
2024-06-30 18:17:41Event JSON
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"created_at": 1719764261,
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"content": "I 100% agree with your first sentence.\n\nMy point is vast majority of Bitcoins adoption and \"rails\" stem from the white market. My point is none of that matters for it's value prop since those transactions are all permissioned.\n\nMonero on the other hand is systematically being banned from every white market exchange and further cementing itself in the only real permissionless and free markets (Black markets).\n\nAlmost no users will do those last things you mentioned which will affect your crowd to hide in, and those things don't magically make Bitcoin private. It's still a transparent ledger and you're still leaking on chain data that can be used to unmask you.\n\nYou can't make \"no-KYC\" into \"non-KYC\" by swapping. That central record of how much crypto you bought will always exists. You should always be buying no-KYC if you care about that.",
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