What is Nostr?
mbl /
npub14qs…w5k6
2024-11-03 22:49:32
in reply to nevent1q…87kr

mbl on Nostr: Monero just try to be what Bitcoin should have been. A decentralized anonymous ...

Monero just try to be what Bitcoin should have been. A decentralized anonymous electronic money. It's right, nothing is 100% untraceable, but at some point of privacy, it's pretty impossible to track you. Monero is for now close to untraceable, but it will never be 100% because nothing can be. The point of needing Monero instead of Bitcoin is : Bitcoin is far more traceable, Bitcoin is not ASIC resistant, the mining is heavily centralized, same for Lightning Network, which is by the way not Bitcoin, it's something else where an other currency (BTCLN) is exchanged. Bitcoin can be censored like Ethereum is today. Every transactions on Bitcoin network is public, that mean nodes can reject some address... this is impossible on Monero because nodes don't see who send to who, nor the amount. Everyone who want privacy should support Monero instead of Bitcoin because Monero is a better version of Bitcoin, more private, more decentralized, more ASIC resistant... I'm not against Bitcoin, but I will never use it to make a deal, I will rather use Monero, the first decentralized anonymous electronic money 😃
Author Public Key
npub14qsndlwxk6nev5hd50qv6auwdmwykpgy0ayec68y7qpjq3xm7jeqkpw5k6