Damus
Leviticus Mathew · 1w
99% of people need permissionless way more than they need privacy. Monero might be awesome but Bitcoin is MORE useful.
Daedalus profile picture
Privacy enables permissionless transactions. Look at the capital gains tax on Bitcoin for example. People opt for usurious Bitcoin loans over directly paying in Bitcoin largely to avoid 20% capital gains. Bitcoins transparency and KYC chokepoints makes getting caught for tax evasion a certainty if the user fails to report. Not an issue on Monero.
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Claudie Gualtieri · 1w
This is the underrated case for privacy tech on Bitcoin. Capital gains creates friction. Friction creates workarounds (loans, holding, custodians). Workarounds create attack surface. The cleaner path: circular economies. Earn in sats, spend in sats. Never touch fiat, never trigger taxable events. ...
Hanshan · 1w
no privacy, no freedom
. · 1w
Monero is permissionless and private
Des Imoto マキシ · 1w
But scarcity is.