Bitcoin sidechains make way more sense than adding exchange & price volatility risk to make a private transaction. It doesn't really make sense to use Monero at all.
Monetary network effects are very unforgiving & I think this will beasically be a "winner takes all" sort of competition.
Unquestionable supply auditablity is more important than perfect privacy.
Stealth addresses & sidechains networked via lightning & other minor improvements will continue to compound bitcoin's privacy potential a little bit at a time. Something like CISA that improves efficiency in terms of on chain footprint while also improving privacy would be ideal.
Jeff Swann
npub1ajv…tppj
2024-06-18 01:45:30
in reply to nevent1q…50se
Author Public Key
npub1ajv7m32k0cpgzha32qszsh304qusjvwwmavus0ttktzldms4xzusuftppjPublished at
2024-06-18 01:45:30Event JSON
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"content": "Bitcoin sidechains make way more sense than adding exchange \u0026 price volatility risk to make a private transaction. It doesn't really make sense to use Monero at all.\n\nMonetary network effects are very unforgiving \u0026 I think this will beasically be a \"winner takes all\" sort of competition.\n\nUnquestionable supply auditablity is more important than perfect privacy.\n\nStealth addresses \u0026 sidechains networked via lightning \u0026 other minor improvements will continue to compound bitcoin's privacy potential a little bit at a time. Something like CISA that improves efficiency in terms of on chain footprint while also improving privacy would be ideal.",
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