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?
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?