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RE: LeoThread 2025-01-24 13:25

in LeoFinance11 days ago

Part 6/9:

Another topic of contention was the fungibility of Bitcoin versus Monero. While some users voiced concerns over the notion of "tainted Bitcoin"—funds associated with illicit activities—Matthew contended that the idea of tainted funds is flawed. He argued that like any currency, Bitcoin maintains a level of fungibility where any given unit is exchangeable for another, noting that the concern over the history of a specific unit of Bitcoin is exaggerated.

Matthew pointed out the limited anonymity set of Monero, driven by its smaller user base compared to Bitcoin. He argued that by using Monero, users might not be as anonymous as they think due to its smaller anonymity pool, which can lead to difficulties in hiding transactions.

Choosing the Right Wallet