I did this in my 20's. Any coins left over from my night out, or whenever I broke a note went into an icecream container. After a year I took it to the bank and was surprised to have about $500
Sh$tcoiners love to ignore lightning.
If some rando on the internet says its not private also doesn't make it so.
LN is good enough. Its growning, its instant, and its getting better. You don't need to use sh$tcoins.
I have a variety of LN wallet that I use for different purposes. Yes, zapping on nostr is custodial which I keep a small amount of sats. Sometimes its nice to know who zapped you so you can return the favor.
Where's the evidence of surveillance in a noKYC'd UTXO that does a few coin join rounds and then opens an unannounced LN channel?
I believe that you can get good privacy with bitcoin. It's just a few more steps. There's really no need to use monero.
Look, if the FBI or other 3 letter agencies want to find out all your financial activity they'll probably be able to no matter the source of money you're using. What I'm saying is that LN is good enough and its getting better. There's unannounced channels, multi part payment and trampoline routing. More recently (and yet to be fully rolled out) are bolt12 and blinded paths. Then there's also all the ecash mints which give an anonymity set of all the users in the mint.
There are other tools too. Coin joins like join market and wasabi (joinstr also in testing phase). There are state chains and UTXO swaps. There's liquid, there's silent payments and there is payjoin.
There will be more too. I'll admit that it is slow but eventually there will be privacy focused wallets that do a lot of this in the background giving the user the "landing" your meme suggests. For now there's some hoops to jump through.
I don't really have a problem if people want to hold bitcoin and whenever they need to spend they swap into XMR for the payment. I just don't think its necessary and you definitely don't want to be holding it for too long. It also doesn't guarantee absolute privacy (especially for noobs).
I think they have bigger fish to fry. There's still a cost to take someone down.
If you don't do anything like KYC'D base layer bitcoin it exposes you to $5 wrench attacks and social engineering attacks too. You have to do something to at least stop this.
I meant the individual mint. You have an anonymity set of everyone in that particular mint. Yes, its custodial so that's the trade off. There is apparently a way to pay a LN invoice from various mints but I think it isn't released yet.
You don't need monero
You can transact privately with bitcoin and that makes monero redundant.
The monero community is good for hearing criticism of bitcoin and also for dunking on every now and then.
You got lucky nostr:nprofile1qqsp986339w392eunnwzdjezhkaem6gcuhcul7vfg0ecvrh48fzpsqcpzemhxue69uhky6t5vdhkjmn9wgh8xmmrd9skcqg5waehxw309aex2mrp0yhxsmmydshxzu30qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcd477jx
You'd think people might want to get in before the most powerful country in the world does their "strategic bitcoin reserve"
Maybe they just don't trust a scammer?
Notes by OT | export