Bitcoin vs Monero Its War

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Get the Ultimate Guide to Bitcoin course: • https://www.trader.university/courses... • Use the discount code YT99 to get the best price. • In this video, I continue my investigation into Monero vs. Bitcoin and examine more trade-offs that Monero has made, in order to increase privacy at the base layer. • In particular, I examine how common hard forks are for Monero, especially compared to Bitcoin. Does this imply that the devs have more control than they should in leading the Monero community? Repeated hard forks could certainly hurt Monero's potential classification as a digital commodity by the SEC. • My own belief is that a protocol that strives to be money should not be changing things at the base layer/protocol level as frequently as Monero does. • If the future of Bitcoin and Monero transactions ends up being off-chain, Bitcoin may have a big advantage thanks to its head start with Layer 2 solutions like the Lightning Network, eCash (Fedimint, Cashu), and statechains. • I conclude by examining some very interesting tweets by Francis Pouliot which examine the greater context of Monero's privacy by discussing anonymity sets, as well as the liquidity and saleability of XMR compared to BTC. • To understand the context of this discussion, you should first watch these videos, and read Seth's and Howard Chu's responses to me: • ASIC Resistance Is Just Plain Silly (Bitcoin vs. Monero): • • ASIC Resistance Is Just Plain Silly... • Monero's Big Fat Problem: • • Monero's Big Fat Problem • Response from Seth For Privacy: • / 1649441320979648512 • Response from Howard Chu (hyc): • / 1649455592090607616 • Not investment advice! Consult a financial advisor. • Is Your Crypto Collaborating With Government Spy Coins?: • • Is Your Crypto Collaborating With Gov... • Consensys working on CBDCs: • https://consensys.net/solutions/payme... • https://consensys.net/blog/quorum/env... • Pre-history of BitMonero and Monero: • https://monero.stackexchange.com/ques... • Monero likes to do a lot of hard forks: • https://decrypt.co/107441/monero-roll... • / 1617536536358322176 • / 1649458678926376980 • Seth's take on Monero hard forks: • https://sethforprivacy.com/posts/disp... • Does Bitcoin privacy require more transactions than Monero privacy? • / 1649497423050407936 • Is Bitcoin Too Slow To Be The World's Reserve Currency? • • Is Bitcoin Too Slow To Be The World's... • A great way to buy Bitcoin in Canada: • https://www.bullbitcoin.com/ • How to annoy a Monero shill: • / 1649759859426959364 • Francis Pouliot on Bitcoin vs. privacy coins: • https://twitter.com/francispouliot_/s... • / 1649536423169609728 • / 1649536661041160195 • I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. • • My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. • #Bitcoin • #monero • #privacy • Disclaimer • Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.

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