this post was submitted on 04 Aug 2024
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Bitcoin is terrible for that though. High transaction fees, slow transaction speeds, everyone can see your balances and transactions (and with KYC requirements it's very easy to link a wallet and a coin to a person).
Monero is the only digital currency worth having.
Monero is great. Except for the fact that when the dev team dislikes what miners are doing, they introduce a new arbitrary rule, and everyone just goes with it. Having a process to introduce such changes unilaterally is a bug that needs to be fixed first.
Also, there's a lightning network which allows you to transact bitcoin fast and cheap. Although the privacy aspect is still not solved there.