I was really kind of surprised to learn how traceable BTC is. I knew the transactions were public but it was some videos I saw about Monero that really drilled in what the implications of that are in a world where the IRS is sniffing around exchanges and the FBI browsing the Blockchain.

So now I'm wondering why people even care about Bitcoin if the one feature it needs to have in order to be a currency that stands outside of institutional and government control.

And frankly I feel kind of duped because the Bitcoin gospel is so tied up with how private and subversive it is.

Anyways I'm here to learn.

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[–] [email protected] 7 points 1 year ago* (last edited 1 year ago) (1 children)

Awesome, welcome.

Yes, Monero is what most people think Bitcoin is. Most "Bitcoiners" do not use bitcoin, they just hold it and post online about it.

Once you actually try to use it you realize it is not suitable to be used as money.

[–] [email protected] 3 points 1 year ago

All roads lead to bitcoin, then through bitcoin to Monero.