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31 sats \ 4 replies \ @freetx 15 Jun 2024 \ on: What are your thoughts on Bitcoin losing the Darknet bitcoin
Frankly, it would make more sense to use Liquid-BTC rather than Monero.
Wallets like AQUA allow you to easily swap BTC/L-BTC and L-BTC has all the confidential privacy protection of monero without any of the shitcoin risk.
Does liquid also obfuscate the source and destination addresses in order to prevent tracing? I thought it just obfuscates the amounts and type of asset used.
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Liquid is still linked via addresses. Swapping between liquid and lightning would be ideal if liquid had more users.
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Yeah they already have so few users, just imagine when their distributed federation gets hit with orders to blacklist addresses or reveal peg-outs. Who knows how many of the federation entities are in a country that mandates compliance with these orders?
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Liquid doesn't hide receiver or sender like Monero
It also has like no anonymity set because no one uses it
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