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0 sats \ 0 replies \ @yo2xncv0 18 Aug 2023 freebie \ parent \ on: Monero is not what I thought. I've changed my mind bitcoin
Sure, verifiability is a whole other argument, but what does that have do with the topic at hand: privacy?
There was a hidden inflation bug in Bitcoin only one anonymous user knew. They couldve easily exploited it, but very luckily they were an honest actor who secretly let the devs know (who couldve also decided to exploit it).
An exploited inflation bug would be catastrophic once it happened to either Bitcoin or Monero. Attackers have the advantage. There is no good solution to fix an exploited inflation bug without hurting honest users on either Bitcoin or Monero.
If they had exploited it, or it happens again in the future, how would detectable inflation help after the fact? It wouldnt.
https://bitcoincore.org/en/2018/09/20/notice/
www.coindesk.com/markets/2018/09/21/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret