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32 sats \ 4 replies \ @freetx 17 Dec 2024 \ parent \ on: Is ecash private enough for dark markets? privacy
Using Liquid cross chain with LN (onion routing) solves those issues.
True
Prove it. There is no way you can have both "hidden amounts" and "provable supply cap". The entire reason Liquid opted not to hide amounts was to avoid this issue.
Basically true.
Outside of silk-road / dark-web, monereo has no real use. In fact, a legitimate website or company would be barred from accepting monero because of the regulatory risk involved. This basically paints a huge target on all monero users and isolates you for further scrutiny.
The entire benefit of Liquid+LN combo is that you have gained the confidential aspects but are still using the most widely accepted form of crypto....
Using Liquid cross chain with LN (onion routing) solves those issues.
Not really. LN changes nothing about traceability on Liquid itself. And at that point you might as well get rid of Liquid and just use Lightning.
There is no way you can have both "hidden amounts" and "provable supply cap". The entire reason Liquid opted not to hide amounts was to avoid this issue.
Liquid does hide amounts
In fact, a legitimate website or company would be barred from accepting monero because of the regulatory risk involved
There's plenty of legitimate white market businesses that accept Monero like Coincards, Mullvad, Silent Link, etc. Too many to even list:
https://monerica.com/
The entire benefit of Liquid+LN combo is that you have gained the confidential aspects but are still using the most widely accepted form of crypto
How many businesses accept Liquid? Nearly zero. And lightning is nowhere near as accepted as on-chain Bitcoin.
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Liquid + LN may suit niche scenarios, but Monero provides unmatched privacy, decentralization, and simplicity for real-world, censorship-resistant use.
Liquid + LN adds complexity but doesn’t achieve Monero’s default privacy. LN requires on-chain BTC to open channels, leaving a trail. Monero's privacy is built-in no need for additional layers or tools to obscure sender, receiver, and amounts.
Adoption and use cases of Monero highlight its true value: a permissionless and uncensorable currency. It's not just for the dark web but it's widely used by individuals and organizations needing financial privacy. Liquid, tied to BTC, still relies on a trusted federation, making it less ideal in censorship-prone environments.
Associating Monero solely with illicit use is outdated. Privacy is a right, not a crime. Legitimate use cases (e.g., donations, salary payments) grow as awareness of financial surveillance increases. Monero users aren’t 'isolated'; they’re safeguarded from mass surveillance.
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Why do you sound ChatGPT'ed?
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That's your best argument?
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