Scrotus on Nostr: Ok I'll take your bait. Bitcoin is the first, and best. It's the og coin. Monero just ...
Ok I'll take your bait. Bitcoin is the first, and best. It's the og coin. Monero just copied bitcoin some privacy features of questionable efficacy. Those features are not necessary as you can transact on Bitcoin privately if your know how. (Non KYC, liquid, lightning, mixers, rat holes, and many other ways to do this).
People might say that "ok that's fine but privacy should be the default, don't make me jump through hoops to have a little privacy". To that I would say, and this is the bigger point, I think the transparency of the Bitcoin Blockchain is a feature not a big. It's cool that every node has a 💯 complete copy of every transaction ever. And furthermore most transactions a perfectly legal and having txid's for everything is fucking great. Now, and even more going into the future where Bitcoin is a settlement layer. You pay some one and they say you didn't pay them? You say look bitch it's all right here. Check the txid.
All that being said if people want to use monero then cool, by all means go for it.
Published at
2025-03-31 21:45:52Event JSON
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"content": "Ok I'll take your bait. Bitcoin is the first, and best. It's the og coin. Monero just copied bitcoin some privacy features of questionable efficacy. Those features are not necessary as you can transact on Bitcoin privately if your know how. (Non KYC, liquid, lightning, mixers, rat holes, and many other ways to do this). \n\nPeople might say that \"ok that's fine but privacy should be the default, don't make me jump through hoops to have a little privacy\". To that I would say, and this is the bigger point, I think the transparency of the Bitcoin Blockchain is a feature not a big. It's cool that every node has a 💯 complete copy of every transaction ever. And furthermore most transactions a perfectly legal and having txid's for everything is fucking great. Now, and even more going into the future where Bitcoin is a settlement layer. You pay some one and they say you didn't pay them? You say look bitch it's all right here. Check the txid.\n\nAll that being said if people want to use monero then cool, by all means go for it. ",
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