I’m trying to find a good alternative, Privacy.com isn’t a option since I’m living in EU.

  • stevehobbes@lemmy.world
    link
    fedilink
    arrow-up
    2
    arrow-down
    4
    ·
    edit-2
    1 year ago

    And most of them aren’t anonymous at all. You can correlate transactions pretty quickly, because every transaction is on the chain. You can track where every bitcoin went. As soon as you break one link you can follow the chain.

    Good luck doing that with cash.

    Blockchain has a few - really only a few - somewhat compelling use cases. Currency isn’t one of them.

    • jet@hackertalks.com
      link
      fedilink
      English
      arrow-up
      9
      ·
      1 year ago

      Monero solves all these problems, it’s the closest we have ever gotten to digital cash.

      It’s untrackable. Nobody can see what you spent, and what you have. It’s private

      It’s fungible. Each unit has no history, so it can’t be tainted, a dollar is a dollar is a dollar. Applies here

      If you hold your own wallet, which you should, you don’t have the risk of an exit scam. Because you’re holding your own coins. What’s the expression, not your wallet not your coins?