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

  • utopianrevolt@lemmy.world
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    1 year ago

    the idea of decentralized currency is great and has merit, but the most current iteration got hijacked by a bunch of con artists.

    • stevehobbes@lemmy.world
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      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
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        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?