FreeYoda on Nostr: The biggest problem I had with Monery is the Privacy. Try to buy a house, car, start ...
The biggest problem I had with Monery is the Privacy.
Try to buy a house, car, start a company, you will have to be able to prove where the money is coming from.
You may hate that fact but it is reality.
With #Bitcoin I can easily proof how, where and when I bought them, I just keep records as backup since my banks, brokers needs to do so by law and don't make a hassle moving funds one way or he other.
Now how do you do this with Monero ?
I don't care if I can anonymously pay for my groceries and be 'free'.
One is merely surviving if you can only by groceries.
I want to be able to spend money on everything, and I want to be a bit higher on the ladder than surviving.
Try to buy a house, car, start a company, you will have to be able to prove where the money is coming from.
You may hate that fact but it is reality.
With #Bitcoin I can easily proof how, where and when I bought them, I just keep records as backup since my banks, brokers needs to do so by law and don't make a hassle moving funds one way or he other.
Now how do you do this with Monero ?
I don't care if I can anonymously pay for my groceries and be 'free'.
One is merely surviving if you can only by groceries.
I want to be able to spend money on everything, and I want to be a bit higher on the ladder than surviving.