Damus
Andrew "weev" Auernheimer · 2w
XMR is not a shitcoin. It is the actual literal fulfillment of Satoshi’s vision and desires for a currency free of state manipulation. Satoshi literally said of ledger privacy, exact quote, “If a ...
Majestic Entity profile picture
I was a bitcoiner, who dabbled in Monero for a time. I came to the conclusion that monero suffers scalability and the privacy that we have had on bitcoin for a long time now actually obsoletes the need for monero, without sacrificing scalability.

Bitcoin has stealth addresses now, coinjoining including spending from coinjoins similar to Moneros ring signatures. As for confidential transactions, bitcoin's lack of that is actually a feature not a flaw. Monero, zcash, liquid layer all suffered from vulnerabilities and known or potentially undetected inflation bugs. I am not aware of any confidential transaction implementation that was not vulnerable at one point. I'd rather take bitcoins assurance of lack of inflation, and security on bitcoin and have privacy on higher layers. Also, lightning is now nearly perfect privacy, with very high scalability.

For monero, I respect the devs behind it and the technology, the technology is cool, but I see bitcoin as the winner for money. Bitcoins privacy we have now, makes monero no longer relevant.
4
Enigmatik · 2w
When you say stealth addresses you mean Silent Payments? Just curious if there have been new developments I'm not aware of. Also, don't you think that moving most transactions off chain will reduce miner rewards and negatively impact the security of the network? As for LN, I'll concede that it pro...
Andrew "weev" Auernheimer · 2w
> coinjoining including spending from coinjoins similar to Moneros ring signatures The vast majority of CoinJoins that have ever been made are completely blown open now, because the signing keys of enough participants have already been compromised. Huge numbers of compromised ColdCard wallets were ...