Oddbean new post about | logout
 Saddens me as a privacy advocate.

I've seen theories it has an inflation bug but I think the simpler explanation is that people don't value privacy. 
 No KYC, coinjoins, Lightning and ecash, the explanation is Bitcoin is better IMO!!🤠 
  um sweaty you're not fooling anyone

https://m.primal.net/McpZ.jpg  
 Oh no, a small amount of money I'm about to spend is custodial, it's the end of the world  
 privacy isn't just for hiding a bag of potato chips 
 You can use the exact same argument for using Monero as a spending tool if you're scared about it's price 
 I just use lightning, I prefer to not leave any traces on any chains and have to worry about swaps 🐸 
 I think even simpler explanation is that it's not on exchanges and so people don't crazy ape into it.

Also if you are using it only as a privacy proxy on top of your bitcoin, then you generally don't need to care about the price.