46 sats \ 6 replies \ @beorange 8 Jul 2023 \ on: How private is lightning? bitcoin
More private than on-chain transactions. It is indeed a big improvement, but not perfect. Not as private as Monero for example.
Fuck off, shitcoiner 🤡
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If it was as private as Monero, it is not long for lightning to get banned in many states throughout the world smh, Monero is actual welath hodler coin imo whereas lightning's for regular day small transactions...
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That logic makes no sense. Why would I store my wealth in an inferior token? If I need the privacy benefits of Monero I can just convert Bitcoin to it when I need to.
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There is also the fungibility issue. You might not know you need it and when you realize, it might be already too late. Monero has it, Bitcoin layer 1 doesn't.
Lightning also helps a lot with this.
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Most likely the privacy benefits would be required when there is something illegal involved. It might be inferior but it is a never dying token for the market due to the participation of it in many illegal activities, also if you surf through dark these days, you will find most websites asking for donations in XMR rather than BTC.
Very few news about Monero, just a token outside of dumbshit of crypto verse.
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That is not what you said and you are off topic now. You said it is a "wealth hodler coin". Why did you say that? You have not explained why I would need to store my wealth in Monreo as opposed to just using it as needed.
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