21seasons on Nostr: Think about it. If I were to send my friend some value now and I would like to use ...
Think about it.
If I were to send my friend some value now and I would like to use Monero as a privacy tool, how's that going to work?
Step 1: I convert some sats to XMR via some decentralized exchange
Step 2: I send XMR to my friend
Step3: My friend uses some exchange to convert XMR to sats
I think this approach is:
- Costly
- Unclear if it would echance your privacy ar overall
- Time consuming
- Security risk (you would have to deal with technology that offers less assurances that you would otherwise have)
Published at
2024-01-30 09:11:42Event JSON
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"content": "Think about it.\n\nIf I were to send my friend some value now and I would like to use Monero as a privacy tool, how's that going to work?\n\nStep 1: I convert some sats to XMR via some decentralized exchange\n\nStep 2: I send XMR to my friend\n\nStep3: My friend uses some exchange to convert XMR to sats \n\nI think this approach is:\n- Costly\n- Unclear if it would echance your privacy ar overall\n- Time consuming\n- Security risk (you would have to deal with technology that offers less assurances that you would otherwise have)",
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