Monero was, is and will be on the first line of governments' focus and possible attacks.
For Bitcoin it looks like a nice opportunity to utilise such time of "unawareness". The Lightning Network ("not so important due to small amounts...") - has the chance to improve its privacy "in the meantime" and grow so big that LN will be de facto unstopable, while offering better quality than is possible by Monero.
I am not used to reading such good points, analysis, and insights.
Bravo.
Thank you. (I'm just old ;)
Also MWEB and confidential transactions will bring an extremely nice level of privacy to BTC with the advantage, like LN, that it's not mandatory (not on chain), but optional. It's being proven very successful on LTC already.
...and the new surface for attack :)
That's the same people said about SegWit and LN when we were rooting for it to be activated on BTC after proven successful on LTC back in the days. :-)
not a technical attack but government attack
e.g. LTC was delisted in South Korea LINK
Do you really thing anybody'd care about that? As I said, MWEB isn't compulsory, it's not at layer 1, which is as transparent and open as has always been, like BTC's. Exchanges don't need to activate it at all.
Also, how many times has China banned BTC?
as old russian sentence says: the quieter you go, the further you will be (the situation with LN and its privacy)
Exactly! Go MWEB! :-)
I totally disagree, bitcoin is the focus of regulatory attack since monero makes regulations irrelevant, and Bitcoin is the focus of regulators while they largely ignore monero so the masses don't realize how valuable privacy is and continue to transact on chainalysis monitored bitcoin and lightning, while monero flies quietly under the radar and flippens bitcoin on the darkweb which was bitcoin's original and only value proposition. also i think bitcoin is actually good for monero, now that people have been conditioned into the use of bitcoin, it is easier to leap to monero