this post was submitted on 11 Jul 2025
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Privacy
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Well, unlike Bitcoin, Monero is actually anonymous, and sometimes you gotta make payments online.
You can't do it privately with your card.
Bitcoin's Lightning Network has onion routing for privacy, like Tor.
When Bitcoin had a bug that allowed some guy to give himself a bazillion bitcoin, it was detected and patched before he was able to sell them. When Monero encounters a similar bug, it will only be detectable by the price going down.
I'm not super knowledgeable on how anonymous such routing us, hence I avoid it.
Don't know why people bombarded you so much - the other side of total anonymity is that you really never know if anything got broken and someone earned off it.
My suggestion, however, is to use Monero for payments, and not as a store of value.
Yep, anonymous right up until its use burns the world to the ground.
Monero transactions consume orders of magnitude less energy than Bitcoin's thanks to an ASIC-resistant algorithm
This is the correct initial reaction but given the extent to which the US monitors every single transaction everyone makes, it's getting awful hard to manage the influx of feral hogs without having them streaming through your door.