Saberhagen The Nameless's avatar
Saberhagen The Nameless 2 years ago
No it doesn't. Especially when hinging on that caveat "if used correctly" which most users won't. https://voltage.cloud/blog/lightning-network-faq/lightning-network-privacy-explainer/
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Lightning Privacy 101: The basics of second-layer bitcoin transactions
Bitcoin's Lightning Network is a major step forward in improving the privacy of bitcoin transactions. The Lightning Network has several features th...
 Monero is just another trade off, like lightning/liquid, which you have no problem using. Except, unlike both, it doesn't compromise most major value props of Bitcoin. "I don't recommend keeping a lot of funds there" - Ok, just apply this same advice to Monero. Done.
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Replies (4)

OceanSlim's avatar
OceanSlim oceanslim@happytavern.co 2 years ago
If used correctly is the exact same caveat if you're saying to hold bitcoin and use monero as a tool. It's the same thing except I don't have to expose myself to a shitcoin with security backed by a different hard forked algo every month.
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Saberhagen The Nameless's avatar
Saberhagen The Nameless 2 years ago
The room for privacty error on Monero is drastically less than Bitcoin or Lightning. And is superior all things equal. What are you exposed to? Short term price fluctuations that has the same volatility as Bitcoin?😂 Like you said yourself, don't keep large amounts. Virtually no difference. Every argument and caveat you have for using L2 you can apply to Monero you're just being irrational.
Saberhagen The Nameless's avatar
Saberhagen The Nameless 2 years ago
Hardforking every month is quite the exaggeration. Lightning and Liquid hardfork too. But you'll do a mental triple twisting backflip to make it okay for them to do. 🤸‍♀️🧠✅
1 replies ↓
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