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 Iโ€™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 Iโ€™m here to learn.

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Welcome!

The first time I used BTC I knew immediately something was missing. The second time I used it I knew the โ€˜mixersโ€™ recommended for privacy were also inefficient. Thatโ€™s about when I stumbled onto Monero and I havenโ€™t bothered with other cryptos since.

Weโ€™re all also learning all the time. If none of us put any effort into growing our understanding of money, decentralization, or privacy we wouldnโ€™t have ended up here.

Anyways, welcome again and ask questions if you have any! Even if no one here knows the answers it may at least be a good discussion and someone will be able to point you in a helpful direction.

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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

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