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15 sats \ 2 replies \ @rafael_xmr 7 Feb \ parent \ on: Monero territory monero
That's a good position I've never heard before and it does make sense, I own both but that's to provide liquidity, I can create offers on robosats or retoswap and generate yield while the market participants need on-ramps and off-ramps to move from one asset to the other
It's difficult enough to find places to spend Bitcoin, vendors and merchants who know enough about it to accept it and for good reason.
Adding Monero into the mix... honestly it just feels like a lost-cause. As far as i can tell, the liquidity is poor, name-brand is anemic (people have never heard of it, education about Bitcoin is hard enough already) and at the end of the day anonymity-set in the "real world" matters a tremendous amount.
If you're that "one" person "paying with Monero" at the gas station (or other location where you want privacy?) how on Earth is it going to be private? In the real world there are cameras everywhere.
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Your "lost cause" argument misses what's actually happening in the market. Monero is actively replacing Bitcoin in environments where privacy matters - not because of marketing, but because of necessity.
The "cameras everywhere" point fundamentally misunderstands financial privacy. Physical surveillance is one thing, but Bitcoin exposes your entire financial history to anyone with an internet connection. With Monero, your transaction history remains private regardless of physical surveillance.
Monero's anonymity set isn't static - it compounds over time as your outputs appear as decoys in other transactions. Each ring signature increases the statistical uncertainty about which outputs are being spent.
This isn't theoretical - government agencies have placed bounties specifically on breaking Monero's privacy while successfully tracing Bitcoin. The IRS paid $625,000 to crack Monero and failed, while Bitcoin users continue to be prosecuted through chain analysis.
The "nobody's heard of it" argument actually highlights Monero's value proposition. Not everyone wants their financial activities broadcast publicly. As regulatory pressure increases on transparent blockchains, Monero's true fungibility becomes increasingly essential.
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