NotoriousXMR on Nostr: I feel like #Bitcoin is worshipped too much in my opinion when I think that #Monero ...
I feel like #Bitcoin is worshipped too much in my opinion when I think that #Monero would be a much better option due to the extra privacy features and inclusivity it has.
Don't get me wrong, I am not implying that everyone should stop investing into BTC. I still support it. The only reason I really believe that BTC should still be supported today is because of its value.
I like to think of it this way: BTC is digital gold, and XMR is digital silver. XMR has privacy features such as ring signatures and stealth addresses, which is the biggest reason why I prefer it over BTC. Yes I know BTC is "pseudoanonymous" but its incredibly easy to trace BTC transactions in 2024. All transactions are literally public record on a blockchain! To me, BTC is just one massive honeypot waiting to be exposed.
Another reason for XMR is the fact that it can mined from any kind of device to really make a profit, so there isn't any concern of XMR elitism.
What do you guys think?
Published at
2024-12-15 23:12:47Event JSON
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"content": "I feel like #Bitcoin is worshipped too much in my opinion when I think that #Monero would be a much better option due to the extra privacy features and inclusivity it has.\n\nDon't get me wrong, I am not implying that everyone should stop investing into BTC. I still support it. The only reason I really believe that BTC should still be supported today is because of its value. \n\nI like to think of it this way: BTC is digital gold, and XMR is digital silver. XMR has privacy features such as ring signatures and stealth addresses, which is the biggest reason why I prefer it over BTC. Yes I know BTC is \"pseudoanonymous\" but its incredibly easy to trace BTC transactions in 2024. All transactions are literally public record on a blockchain! To me, BTC is just one massive honeypot waiting to be exposed.\n\nAnother reason for XMR is the fact that it can mined from any kind of device to really make a profit, so there isn't any concern of XMR elitism.\n\nWhat do you guys think?",
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