Been using Cake Wallet recently and I kinda love it!
#bitcoin #monero #Cake #V4V

#Nostr #bitcoin #monero #V4V

GM ☕
Fall down 7 times, get up 8.
Getting knocked down isn't failure, staying down is.
GM ☕
🥋 A black belt is a white belt that never quit.
"My opponent is my teacher, my ego is my enemy." ~ Renzo Gracie
🚨 The EU is tightening the screws on privacy coins like Monero $XMR.
🔒 The 2027 Intermediary Ban:
The EU’s new Anti-Money Laundering Regulation (AMLR) officially kicks in on July 10, 2027. It completely bans regulated crypto exchanges, custodians, and digital banks across all 27 EU states from offering or supporting privacy-enhancing coins.
📉 The Preemptive Delistings:
You don’t have to wait until 2027 to feel the impact. Major platforms like Kraken and Binance have already stripped Monero from their European catalogs to protect their regional operating licenses under the broader MiCA framework.
🔍 The €1,000 Identity Trigger:
Even for standard crypto, the anonymous window is shutting. Any occasional transaction worth €1,000 or more now triggers enhanced KYC checks, all overseen by a powerful new watchdog agency (AMLA).
💼 What Remains Legal?:
The EU is blocking the commercial on- and off-ramps, not the code.
- Self-custody remains legal.
- P2P transfers between private wallets are outside the scope of the intermediary ban.
💡 The Big Takeaway:
The state isn't outlawing the math behind privacy; they are outlawing the businesses that bridge it to the traditional financial system. In response, the privacy community is aggressively migrating toward decentralized alternatives like atomic swaps and non-custodial P2P channels.
#Crypto #Monero #XMR #MiCA #Regulation #PrivacyCoins #EU
Remember when
@jack was zapping people 1 million sats and super active on Nostr?
What happened?
Why will exchanges list Zcash (ZEC) but refuse to list Monero (XMR)?
It mostly comes down to one thing:
ZEC privacy is optional. XMR privacy is the default.
🔹 Zcash (ZEC)
Zcash supports both transparent and shielded transactions.
Transparent ZEC transactions can expose addresses, amounts, and transaction history similarly to Bitcoin.
That means exchanges can support ZEC while restricting how its privacy features are used.
Zcash also supports viewing keys, allowing private transaction information to be selectively disclosed for auditing or compliance purposes.
In other words:
ZEC can be private when you choose it, but it can also operate transparently.
🔸 Monero (XMR)
Monero takes a fundamentally different approach.
Privacy isn't an optional feature you turn on.
It's built into normal Monero transactions.
Monero uses:
• Stealth addresses to obscure recipients
• Ring signatures to obscure senders
• Confidential transactions to hide amounts
There isn't a transparent XMR transaction mode an exchange can simply require instead.
That makes conventional blockchain surveillance and transaction tracing substantially more difficult.
And that's exactly where exchanges run into problems.
Regulated exchanges have to deal with AML requirements, sanctions screening, transaction monitoring, banking partners, and regulators.
Supporting transparent ZEC gives them considerably more flexibility.
Supporting XMR means accepting a cryptocurrency deliberately designed so that normal transactions don't expose the same public transaction graph.
That's why you can see exchanges list ZEC while refusing or being unwilling to list XMR.
It's not necessarily because Zcash has weak privacy.
It's because Zcash gives exchanges a compliance-friendly transparent option that Monero intentionally doesn't.
---
So why might someone prefer Monero?
If your priority is private digital cash, Monero has a major practical advantage:
privacy is the default, not a choice.
You don't have to remember to use a particular address type or transaction mode, and everyone participates in the privacy system by default.
Zcash can provide strong cryptographic privacy when its shielded system is used.
Monero's distinction is simpler:
Privacy isn't an optional feature of XMR. Privacy is part of how XMR normally works. 🔒
Falling In Reverse just dropped “Joseph” featuring:
🤘 Corey Taylor — Slipknot
🤘 Serj Tankian — System of a Down
🤘 Ronnie Radke — Falling In Reverse

Do you actually NEED Monero if you already use Bitcoin? ₿ 🟠
Probably not.
But Monero solves a problem that Bitcoin intentionally doesn’t solve at the base layer: default transaction privacy.
Bitcoin and Monero aren't really competitors. They optimize for different things.
🟠 BITCOIN
• Hard money
• 21M supply cap
• Globally recognized
• Deep liquidity
• Massive infrastructure
• Easy to independently audit
• Strong institutional adoption
• Excellent censorship resistance
Bitcoin also makes a deliberate tradeoff:
The blockchain is transparent.
That transparency is a feature, not a flaw.
Anyone can independently verify the ledger, validate the supply, and enforce Bitcoin's monetary rules without trusting a third party.
The tradeoff is privacy.
Transactions and UTXO histories are publicly visible and can potentially be analyzed indefinitely.
You can improve your Bitcoin privacy substantially with:
• Your own node
• Coin control
• No address reuse
• Keeping different sources of BTC separated
• Privacy-conscious wallet practices
But Bitcoin doesn't provide privacy by default.
⚪ MONERO
Monero takes a different approach.
Privacy isn't an optional feature.
Privacy is the default.
Monero is designed to obscure:
• Who sent the transaction
• Who received it
• How much was transferred
That gives XMR something Bitcoin approaches differently:
Strong default fungibility.
One XMR is generally indistinguishable from another based on publicly visible transaction history.
But Monero makes its own tradeoffs:
• Much lower liquidity
• Less adoption
• Fewer fiat on/off ramps
• Exchange delistings
• More regulatory friction
• Smaller ecosystem
• Supply isn't transparently auditable in the same straightforward way as Bitcoin
So I don't think the question should be:
Bitcoin OR Monero?
A better way to think about it is:
🟠 Bitcoin = savings, hard money, long-term wealth
⚪ Monero = private digital cash
Bitcoin would be my overwhelmingly dominant monetary asset.
Monero is something I'd keep available when transaction privacy itself is the objective.
Pretending Monero doesn't solve a legitimate problem is shortsighted.
Bitcoin prioritizes verifiability and transparency.
Monero prioritizes transactional privacy and fungibility.
Neither design is accidental.
They make different tradeoffs to accomplish different things.
₿ ≠ XMR
Different tools. Different tradeoffs. Different jobs.
Which countries are actually using Monero?
The answer is surprisingly difficult:
We don't really know.
And that's kind of the point.
With Bitcoin, the blockchain is transparent.
Researchers can analyze addresses, transaction flows and exchange activity and attempt to determine where BTC is being used.
Monero is fundamentally different.
Every Monero transaction hides:
• The sender
• The receiver
• The amount
Privacy isn't an optional feature.
It's the default for every transaction.
That makes creating a reliable "Top 5 Countries Using Monero" ranking extremely difficult.
We can observe pieces of the ecosystem:
• Merchants accepting XMR
• Exchanges and P2P markets
• Mining activity
• Nodes and network infrastructure
• XMR-related businesses and services
Directories currently track well over 1,000 services supporting or accepting Monero across dozens of countries.
But that still doesn't tell us where the actual XMR is flowing.
And that's an important distinction.
Bitcoin is a transparent monetary network.
Anyone can inspect the ledger.
Monero is private digital cash.
An outside observer shouldn't be able to determine:
Who paid whom.
How much they paid.
How much money either person owns.
Or easily reconstruct someone's financial history.
So when someone asks:
"What countries are using Monero?"
The most accurate answer may actually be:
If Monero is working as designed, we shouldn't be able to know.
That's not a lack of adoption data.
That's one of the consequences of financial privacy.
What countries are actually USING Bitcoin?
Not "crypto."
Not stablecoins.
Bitcoin.
If we focus on where BTC has meaningful economic or strategic importance, these 5 stand out:
🇺🇸 1. United States
The largest and most developed Bitcoin economy.
• Massive institutional and ETF exposure
• Major corporate Bitcoin treasuries
• One of the world's largest Bitcoin mining industries
• Deep BTC liquidity and financial infrastructure
The U.S. is where Bitcoin is becoming integrated into traditional capital markets.
🇸🇻 2. El Salvador
The most famous sovereign Bitcoin experiment.
• Government holds BTC
• Established a national Bitcoin strategy
• Built Bitcoin-specific infrastructure
• Attempted to integrate BTC into everyday commerce
Everyday adoption hasn't lived up to the original ambitions, but no country has pushed Bitcoin at the sovereign level as aggressively.
🇧🇹 3. Bhutan
Possibly the most interesting Bitcoin strategy in the world.
Bhutan uses abundant hydroelectric power to mine Bitcoin.
Hydroelectric energy → Bitcoin mining → BTC reserves
Instead of simply buying Bitcoin with government revenue, Bhutan converts domestic energy directly into a scarce global asset.
🇳🇬 4. Nigeria
Bitcoin has a completely different use case here.
• Savings outside the local currency
• P2P transactions
• Cross-border payments
• Remittances
• Self-custody
Nigeria demonstrates Bitcoin's usefulness where people have stronger incentives to seek alternatives to their domestic monetary system.
🇮🇷 5. Iran
Iran shows another side of Bitcoin:
Sanctions resistance.
• Domestic Bitcoin mining
• Converting energy into BTC
• Moving value outside Western banking rails
• Holding an asset without a central issuer capable of freezing it
Important distinction:
Iran also uses stablecoins extensively.
That's "crypto."
Bitcoin is different.
USDT can be frozen by Tether.
BTC cannot be frozen by a company because there is no Bitcoin company.
These countries demonstrate 5 very different Bitcoin use cases:
🇺🇸 Financial asset & institutional adoption
🇸🇻 Sovereign adoption
🇧🇹 Energy monetization & reserves
🇳🇬 Grassroots savings & payments
🇮🇷 Sanctions-resistant value transfer
Bitcoin isn't being used the same way everywhere.
That's exactly what makes it interesting.
Iran's use of Bitcoin and its use of "crypto" should NOT be lumped together.
They serve different purposes.
BITCOIN
Iran can mine Bitcoin using domestic energy.
Energy → Bitcoin mining → BTC
That matters because Bitcoin is a bearer asset with no central issuer.
There is no Bitcoin company.
There is no CEO.
There is no central authority that can freeze BTC or blacklist a Bitcoin address at the protocol level.
For a country facing financial sanctions, that characteristic matters.
Bitcoin can also be held in self-custody and transferred without permission from a bank or stablecoin issuer.
Ordinary Iranians can use Bitcoin for a different reason: moving savings outside the rial and holding an asset beyond the direct control of Iran's banking system.
CRYPTO / STABLECOINS
This is a different system.
Iranian and IRGC-linked networks have used cryptocurrencies—particularly dollar-denominated stablecoins such as USDT—for trade, moving funds and sanctions circumvention.
Why use USDT instead of Bitcoin for commerce?
Because $1 of USDT is designed to remain approximately $1.
That makes accounting and settlement much easier than using a volatile asset like BTC.
But USDT has a weakness Bitcoin doesn't:
Tether is a company.
It can freeze tokens associated with sanctioned addresses.
So when someone says:
"Iran is using crypto to evade sanctions"
you have to ask:
Bitcoin or stablecoins?
Because they're fundamentally different.
Stablecoins are digital dollars running on blockchains.
Bitcoin is a decentralized monetary network with a scarce native asset and no central issuer.
Iran's situation demonstrates the distinction clearly:
Stablecoins: useful for dollar-denominated trade and settlement, but issuers can freeze them.
Bitcoin: harder to censor or confiscate at the network level and can be produced domestically through mining.
Don't confuse "Bitcoin" with "crypto."
In a sanctions environment, the difference isn't semantics.
It's the entire point.
I used Nosmero to setup what I thought was a Monero payment target yesterday, but I don't think it was setup correctly. I just did it again using Ditto.
Can anyone verify if they can see it and it's working properly?
#Amethyst is such a solid client 🤌
Whether or not AI is making you dumber or helping you develop, depends on how you use it.
If you just copy/paste without any original thought, you're not doing it right.
Have conversations where you discuss theory, philosophy, physics, etc.
Learn how to code or something as simple as how to use Linux properly.
Stay curious and use it as a tool to make you better.
I'm seeing a lot of posts in my feed that Monero Xaps are significantly more than Bitcoin Zaps.
ZEC 👎
Here's 10 reasons why.
1. Privacy is not inherent to every transaction.
Zcash supports transparent and shielded transactions. That flexibility helps exchange compatibility, but it also fragments the anonymity set and means simply "using Zcash" doesn't necessarily mean you're private. As recently as 2026, ZODL noted that less than 11% of supply was shielded at that point.
2. The Orchard vulnerability was a serious black eye.
In 2026, researchers disclosed a critical flaw involving the Orchard shielded pool. The disturbing part is that because of Orchard's privacy properties, researchers cannot currently cryptographically prove that the vulnerability wasn't exploited before it was fixed. Work is underway on mechanisms to verify supply integrity. For a monetary asset, uncertainty around counterfeitability is a big deal.
3. Zcash's cryptography is much more complex than Bitcoin's.
ZK proofs are extremely powerful, but complexity creates additional implementation and cryptographic risk. Bitcoin's monetary verification model is comparatively simple. Zcash's history, including the Orchard issue, demonstrates that sophisticated cryptography expands the attack surface.
4. Historical trusted setups still matter.
Orchard transactions do NOT require a trusted setup. NU5 introduced Halo specifically to eliminate that requirement.
However, older Sprout/Sapling pools used Groth16 trusted setups, where compromise of the secret setup material could theoretically permit counterfeit proofs. So saying "Zcash requires a trusted setup" today is outdated, but trusted-setup legacy risk hasn't vanished entirely.
5. The development-funding model weakens the "neutral money" narrative.
Bitcoin sends all newly issued BTC to miners. Zcash has historically diverted part of block issuance toward development. Under the post-NU6 structure, 20% of block rewards are still allocated through development-funding mechanisms rather than miners.
You can argue that's good for development, but from a hard-money perspective it's much harder to defend than Bitcoin's model.
6. Governance has been messy.
Zcash has had substantial arguments over funding, governance, ECC, Bootstrap, the Zcash Foundation, and who should control development resources. The 2025–26 period included particularly serious disputes and organizational restructuring.
Bitcoin's lack of a formal governing organization is frustrating sometimes, but it's also one of its strongest properties.
7. Zcash has a relatively small user and transaction base.
Privacy systems become more useful as more people use them. Zcash has significantly less adoption and transaction activity than Bitcoin, while Monero has established a stronger position specifically for private payments.
8. Monero has a cleaner privacy proposition.
Monero basically says: transactions are private. Period.
Zcash says: you can transact transparently or privately.
Zcash arguably has more advanced selective-disclosure capabilities, but Monero's mandatory privacy creates a simpler user model and forces everyone into the privacy set.
If your sole criterion is censorship-resistant private money, that's a meaningful advantage for XMR.
9. ZEC has weaker network effects than BTC and weaker privacy-coin mindshare than XMR.
Bitcoin dominates hard money/store-of-value. Monero dominates the "private digital cash" narrative.
That leaves Zcash fighting for an awkward middle position: Bitcoin-like monetary policy plus advanced privacy technology.
Technically interesting doesn't automatically translate into network effects.
10. It still hasn't proven that superior privacy technology creates durable monetary demand.
Zcash launched in 2016. That's plenty of time for the market to understand the technology. Yet BTC overwhelmingly dominates as digital hard money, and XMR has historically captured much of the privacy-money use case.
Zcash therefore still has to demonstrate that its cryptographic advantages translate into lasting adoption rather than simply impressive technology.
Just stumbled across Nosmero.