Monero just try to be what Bitcoin should have been. A decentralized anonymous electronic money. It's right, nothing is 100% untraceable, but at some point of privacy, it's pretty impossible to track you. Monero is for now close to untraceable, but it will never be 100% because nothing can be. The point of needing Monero instead of Bitcoin is : Bitcoin is far more traceable, Bitcoin is not ASIC resistant, the mining is heavily centralized, same for Lightning Network, which is by the way not Bitcoin, it's something else where an other currency (BTCLN) is exchanged. Bitcoin can be censored like Ethereum is today. Every transactions on Bitcoin network is public, that mean nodes can reject some address... this is impossible on Monero because nodes don't see who send to who, nor the amount. Everyone who want privacy should support Monero instead of Bitcoin because Monero is a better version of Bitcoin, more private, more decentralized, more ASIC resistant... I'm not against Bitcoin, but I will never use it to make a deal, I will rather use Monero, the first decentralized anonymous electronic money 😃
Monero is not asic resistant either, its completely dominated in hashrate by CPU based ASICs, they will capitulate into more specific ASICs for survival eventually, asic resistance really is overhyped anyways.
If monero isnt 100% untracable, its not nearly as good as just creating a private bulletproof sidechain on bitcoin, especially since the supply dynamics of monero are constantly unverifiable, leading to the community forcing hard forks to limit the supply, which could inevitably rob people of their monero without them having any way to protest that
Any ASIC is useless in Monero and will ever be, thanks to RandomX. Monero is not 100% untraceable and will never be, nothing will ever be bulletproof, but Monero is actually too good for ChainAnalysis and co. If you don't do shit with opsec, it's close to impossible to link transactions with you. The actual threat is @IP. Simply running it's own node fix that. If you want to use an other network than Bitcoin network, ok do it, I will never do that, I think you understand what is the risk... the hard fork is just a cleaner way to upgrade, nothing to do with the supply. It's like removing windows10 and installing a fresh windows 11. It's more healthy.
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