Monero is quietly gaining lots of adoption on websites, services, exchanges, dark net markets etc.
As for Monero, sadly the government only sees money leaks, illegal purchases, hackers and problems.
Topic: Bitcoin Vs Monero - Privacy as the world becomes more dystopian - page 8. (Read 1944 times)
November 21, 2023, 02:56:18 PM
Monero is quietly gaining lots of adoption on websites, services, exchanges, dark net markets etc.
As for Monero, sadly the government only sees money leaks, illegal purchases, hackers and problems.
November 21, 2023, 01:58:32 PM
Monero isn't popular for traders as it once was delisted from exchanges. This coin is also hot and I bet authorities are closely watching it.
Buying XMR from exchanges seems to have defeated its purpose especially when you already have submitted KYC on this CEX. It would be best to just buy XMR from DEX and keep transactions in p2pn, with no middleman to avoid that dystopian situation.
November 21, 2023, 01:43:49 PM
The difference is when you're use Monero, other people will automatically think you're use it for illegal thing.
Well that's for sure, if you want to a clean transaction, without anyone knowing where it come from then use Monero, but then that is where the sus starts. But when you use Bitcoin, people wouldn't automatically judge you're using it for illegal thing since most country accept it, moreover El Salvador dare to legalize it as legal tender.
Fine for me for not leaving signature on paper when transacting online or putting my name, my age, my country of origin, just a beautiful alphanumeric address. 
So holding and using Bitcoin give you a neutral impression instead of Monero.
Well for both coins that serves quite a different purpose is great, both do have its level of privacy either of these can be used so be it. Bitcoin just tops over with its holding value, and that's what most of us are looking for. 
November 21, 2023, 12:12:03 PM
If the privacy is what you are looking from cryptocurrency adoption you should go ahead with Monero. There is literally no competition in this market and the best part is that Monero is minable through CPU. You do not require those expensive rigs to mine this cryptocurrency.
But the majority of the crypto users are mainly investors. They do not like to spend their cryptocurrency. I have no shame in admitting that I am also an investor. So monero is not something that are appealing to this investor community. Investors will always stay with Bitcoin because of the huge upside potential. But for regular users who are concerned about privacy, Monero is the best choice.
But the majority of the crypto users are mainly investors. They do not like to spend their cryptocurrency. I have no shame in admitting that I am also an investor. So monero is not something that are appealing to this investor community. Investors will always stay with Bitcoin because of the huge upside potential. But for regular users who are concerned about privacy, Monero is the best choice.
November 21, 2023, 12:08:34 PM
While I am somewhat concerned about privacy violations and how tons of data end up in the hands of corporations, as well as governments, it's not my #1 concern, and I don't mind a balance of privacy and security. So, to me, Bitcoin is enough. When using a wallet like Electrum, I'm not providing any information about my real identity to anyone, so it's private enough for me. Perhaps, if someone really put their mind to it, they could find out my real identity, but why would anyone want to do that? It takes resources, and I'm just a regular human being.
I don't mind Monero and the existence of similar currencies, but I also appreciate the transparency that comes with Bitcoin's pseudonymity, so I don't feel like I need Monero, personally.
I don't mind Monero and the existence of similar currencies, but I also appreciate the transparency that comes with Bitcoin's pseudonymity, so I don't feel like I need Monero, personally.
November 21, 2023, 12:07:06 PM
Monero is a privacy coin and it has a facilities to make internal transcation and bitcoin is a decentralised crypto coin and here you can use bitcoin totally anonymously here also has privacy Because no one can track someone personal document by a bitcoin address and on the other hand you can hold bitcoin in a decentralised wallet where you will get a private key or security phrase which is not possible to hack. so bitcoin has totally privacy in holding and transaction too
November 21, 2023, 11:04:56 AM
I believe with time, the weak side of this major contender will also surface and it will become obvious that Bitcoin will always be the leader.
What weak side are you referring to?Are you sure it is getting a lot of adoption on exchanges? Because I know there's a lot of DEXes that are supporting Monero, but it seems like centralized exchanges are rushing to drop it like a hot potato (because "money laundering" and "crime" and ... you get the idea).
Centralized exchanges should not be taken to be the arbiter of what is a good coin or not. They will list endless numbers of outright scams if it makes them profit. All their decisions are driven only by what will make them profit, not by what is good for their users or the community.There's no other cryptocurrencies that can provide you with the level of privacy you can have with bitcoin
This is just false. Monero is exponentially more private than bitcoin.So holding and using Bitcoin give you a neutral impression instead of Monero.
Various governments around the world are currently advancing legislation to make it illegal to own and hold bitcoin outside of fully KYCed centralized exchanges and in your own wallet. So you will soon be viewed as equally suspect. The correct answer is not to acquiesce to these crazy regulations and give in to the surveillance state.I've said many times before that Monero is the only coin other than Bitcoin which I own and use, and the only altcoin I consider not to be a shitcoin. It shares many of the good things about bitcoin - decentalized, PoW, no premine, etc. - while also being far more private if used properly. I don't think it will ever replace bitcoin, but I also think it is one of the only altcoins which will continue to grow and continue to be used many years in the future.
November 21, 2023, 08:38:46 AM
Monero is a much better option if you want to stay anonymous with your payments and transactions.
It might beat Bitcoin in that specific aspect, but overall, Bitcoin holds more value, and that's quite evident. I believe Monero has potential for future growth, but it's unlikely to surpass what Bitcoin has already achieved. Bitcoin remains the main cryptocurrency accepted by the majority, and even though it doesn't offer complete privacy due to government regulations, we still need Bitcoin to lead the market. This way, altcoins like Monero can have a chance to progress.
November 21, 2023, 08:27:47 AM
The difference is when you're use Monero, other people will automatically think you're use it for illegal thing.
But when you use Bitcoin, people wouldn't automatically judge you're using it for illegal thing since most country accept it, moreover El Salvador dare to legalize it as legal tender.
So holding and using Bitcoin give you a neutral impression instead of Monero.
But when you use Bitcoin, people wouldn't automatically judge you're using it for illegal thing since most country accept it, moreover El Salvador dare to legalize it as legal tender.
So holding and using Bitcoin give you a neutral impression instead of Monero.
November 21, 2023, 08:27:15 AM
Monero is a much better option if you want to stay anonymous with your payments and transactions.
November 21, 2023, 08:17:53 AM
The comparison between Bitcoin and Monero in terms of privacy is unfair because the only use of Monero is due to high privacy. I can understand the comparison between Bitcoin and Monero in general, but in terms of privacy, Monero is better.
Bitcoin was not built to enhance privacy in the same way as Monero, but rather to enhance transparency and make it difficult to track and stop who sent the transaction despite the possibility of knowing who sent it.
Bitcoin was not built to enhance privacy in the same way as Monero, but rather to enhance transparency and make it difficult to track and stop who sent the transaction despite the possibility of knowing who sent it.
November 21, 2023, 08:15:16 AM
I love bitcoin, however i see privacy as the #1 concern going forward.
There's no other cryptocurrencies that can provide you with the level of privacy you can have with bitcoin after knowing well that bitcoin itself is a decentralized digital currency and most of these altcoins are centralized, privacy is achieved at it's maximum level with bitcoin.
Monero is quietly gaining lots of adoption on websites, services, exchanges, dark net markets etc.
I still don't get the reason why you need to compare bitcoin with monero here, they are different things entirely, any further discussion about menero should be channelled under altcoins discussion, maintaini bitcoin discussion here is more of need than altcoins discussion.
November 21, 2023, 08:13:11 AM
Monero is quietly gaining lots of adoption on websites, services, exchanges, dark net markets etc.
Are you sure it is getting a lot of adoption on exchanges? Because I know there's a lot of DEXes that are supporting Monero, but it seems like centralized exchanges are rushing to drop it like a hot potato (because "money laundering" and "crime" and ... you get the idea).
You are right that Monero should not be ignored though. Both of these coins solve different kinds of problems.
November 21, 2023, 08:09:43 AM
I love bitcoin, however i see privacy as the #1 concern going forward.
Monero is quietly gaining lots of adoption on websites, services, exchanges, dark net markets etc.
Most of the truth & freedom movement appear to recommend it over Bitcoin.
Node count has passed BTC and mining hash rate is growing rapidly as you don't need an Asics, just your PC.
To me it seems Monero is something that should not be ignored.
Also scaling is another issue, Bitcoin fees are 1000x Monero fees.
There's no reason why you can't Coinjoin/Lightning your UTXO's in conjunction with Monero - it's a good privacy tool and supplement to Bitcoin IMO.
Thoughts please. I want some honest opinions here.
Even with all these and more supposed advantages of Monero over Bitcoin, I will still choose the later. A lot of projects have been developed with some claiming to be able to solve the scalability trilema that is attributed to Bitcoin but none have been successful in achieving this. There was a time ripple prided itself as being able to achieve this until time shows that ripple might be heavily centralized. I believe with time, the weak side of this major contender will also surface and it will become obvious that Bitcoin will always be the leader. Monero is quietly gaining lots of adoption on websites, services, exchanges, dark net markets etc.
Most of the truth & freedom movement appear to recommend it over Bitcoin.
Node count has passed BTC and mining hash rate is growing rapidly as you don't need an Asics, just your PC.
To me it seems Monero is something that should not be ignored.
Also scaling is another issue, Bitcoin fees are 1000x Monero fees.
There's no reason why you can't Coinjoin/Lightning your UTXO's in conjunction with Monero - it's a good privacy tool and supplement to Bitcoin IMO.
Thoughts please. I want some honest opinions here.
Nothing is perfect, but Bitcoin is unique in many respect. This argument of Monero is coming up again because of the high fees of Bitcoin which is a consequence of Ordinal attack on Bitcoin Network. "This one too shall pass"
November 21, 2023, 08:04:43 AM
I love bitcoin, however i see privacy as the #1 concern going forward.
Monero is quietly gaining lots of adoption on websites, services, exchanges, dark net markets etc.
Most of the truth & freedom movement appear to recommend it over Bitcoin.
Node count has passed BTC and mining hash rate is growing rapidly as you don't need an Asics, just your PC.
To me it seems Monero is something that should not be ignored.
Also scaling is another issue, Bitcoin fees are 1000x Monero fees.
There's no reason why you can't Coinjoin/Lightning your UTXO's in conjunction with Monero - it's a good privacy tool and supplement to Bitcoin IMO.
Thoughts please. I want some honest opinions here.
Monero is quietly gaining lots of adoption on websites, services, exchanges, dark net markets etc.
Most of the truth & freedom movement appear to recommend it over Bitcoin.
Node count has passed BTC and mining hash rate is growing rapidly as you don't need an Asics, just your PC.
To me it seems Monero is something that should not be ignored.
Also scaling is another issue, Bitcoin fees are 1000x Monero fees.
There's no reason why you can't Coinjoin/Lightning your UTXO's in conjunction with Monero - it's a good privacy tool and supplement to Bitcoin IMO.
Thoughts please. I want some honest opinions here.
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