

There would be no problem with this if BTC actually worked.
Bitcoin Cash is the real Bitcoin. Instant payments and good privacy when you use CashFusion, plus world level scalability.
There would be no problem with this if BTC actually worked.
Bitcoin Cash is the real Bitcoin. Instant payments and good privacy when you use CashFusion, plus world level scalability.
They don’t have to be. On Bitcoin Cash we have decentralized stablecoins that are backed by on chain collateral and fully audit-able.
MUSD - https://v1.moria.money/
Parity USD (launching soon) - https://parityusd.com/blog/stability-mechanism/
With both BCH and XMR the key is to have multiple outputs in your wallet. Then you can spend as you wish.
The whole issue is just lack of knowledge on the part of users.
BTW, Bitcoin Cash uses CashFusion, this is an upgraded version of CoinJoin beyond anything that is available on BTC or anywhere else.
CashFusion - True Privacy on Bitcoin Cash
https://odysee.com/@backyarddirectors:c/cashfusion-true-privacy-on-bitcoin-cash:c
There are also many former maxi’s that have realized BTC is junk. I have seen them on podcasts and they speak favorably of Monero.
This guy is an example of it: https://odysee.com/@paranoia_machinery:0
Still got a ways to go before overtaking the Real Bitcoin (BCH)
This is most likely BTC maxi’s buying up XMR, since they have see some gains lately.
Merchants looking to accept Bitcoin Cash (the real Bitcoin) need to check out: https://minisatoshi.cash/merchants
Right on! 👍 You have a great attitude.
If Bitcoin Cash can develop fully private transactions, even if it is with a private token, while maintaining massive scalability and DeFi functionality that would be great. For those in love with layer 1 privacy Monero is the way to go.
I does not need to be “all private”. You mint a private token and transact 100% privately, then if you want you can burn the token and go back to public. If you stay in the private token then it would be 100% private.
We will see how it all develops. This post is just to inform the Monero community about what will be possible in the near future.
Well it is a bit too early to know exactly how it would work in detail.
The gist is that you could buy BCH then lock it in a contract and mint the private token then use that in a private fashion. So if you spend it with someone then you would lose control over the BCH you locked up and that person who now holds the private token can unlock the BCH and burn the token or just keep the token.
Monero’s weakest part of privacy gets fixed probably around end of the year
Unlikely, I think FCMP is still 1-2 years away from launch. Either way it will not solve the fundamental scaling flaws.
If Monero grows and there are 300k daily tx and a spammer comes in with 300k daily tx (as they have done already) Monero will come to a halt. If they can keep it up for a month or 2 Monero is done.
Bitcoin cash has had 500k tx spikes and no one even noticed. BCH has been tested up to 10 million tx per day. All the privacy in the world is useless if you cannot transact. Thus scalability is more important than privacy.
BCH needs more users so TX volume can sustain the chain, Monero needs to fix the scaling flaw which appears to be fundamental to the underlying protocol. I am betting on BCH 😉
The quantum threat will be solved years before it is ever an issue. BCH will flip to whatever algo it needs to survive. There will be a transition period of years anyway where both algo’s will be used. This is a non-issue.
Looks to me like you are trying to divert attention from the fact that BCH will replace Monero as a privacy coin so you are throwing everything + the kitchen sink into the argument.
No, it is privacy by default. You lock your BCH and mint the privacy token then all your activities are private from that point.
This is the same as taking your fiat or another coin and buying Monero, after which your activities are private. So the same suspicion exists when you go from a non-private asset to a private one.
Still, it highlighted Monero’s inability to scale. The TX pool was large and cause issues with the whole network. Nodes were having problems syncing, and the attack was not even that big.
No, it means the information is way beyond your ability to comprehend or do the needed research to fill in the gaps of knowledge that you have to understand what is being eluded to in the video.
You will be able to buy BCH on any exchange in the world then mint a privacy token with no fees and use your BCH privately. Then burn the token and get your BCH back.
What this does is give you the best of all worlds. Access to massive liquidity as well as real privacy. It also allows you to participate in DeFi which you cannot do with Monero.
ASIC mining is a massive industry and keep Bitcoin extremely secure. Monero can be easily attacked with with1/2 of a large data center’s computing power.
BCH does not need a tail emission because it will have millions of transactions per day sustaining the network because it will have all the features that everyone wants and needs.
BCH is not a copy of Bitcoin. BCH is Bitcoin. BTC is a fake which diverged from the original vision of e-cash into a banker pump toy.
Bitcoin Cash also has a dynamic block size. Monero’s dynamic blocks failed during the last spam attack and proved ineffective.
Yes for now exchanging BCH for XMR is a good way to obtain strong privacy. In the future this may not be needed as privacy on BCH is developed.
Bitcoin Cash has already made EVM obsolete with advanced smart contracts. As ETH implodes the migration to BCH will be evident. THe same thing will happen for privacy.
More details will be forthcoming in the future.
The next BCH upgrade will allow for efficient cryptographic constructions within smart contracts. This will open the door for real private transactions.
What is the BCH VELMA Upgrade? (VM Limits 2025)
https://odysee.com/@CashDragon:6/What-is-the-BCH-VELMA-Upgrade:b
Yes, I do agree that once it become popular they will most likely start flagging it. Hopefully by then we will have smart contract level schemes that can break links between coins without detection. I still use Monero but recently have realized it cannot gain world level adoption due to many factors.
Things like this are the future of blockchain privacy
EIP-7503: Zero-knowledge Wormholes for Private Ethereum Transactions
and will also be possible on Bitcoin Cash as ETH or any other EVM style chain cannot serve as a world level currency
What is the BCH VELMA Upgrade? (VM Limits 2025) - https://odysee.com/@CashDragon:6/What-is-the-BCH-VELMA-Upgrade:b
I do not think they care about regulating it. What they do not want is for it to become widely adopted. Removing it from all exchanges will effectively prevent mass adoption.
This is why Bitcoin Cash is the better way to go for mass adoption of crypto. It is on all exchanges and you can get close to Monero level privacy with it using CashFusion via ToR.
It also scales much better than Monero as the stress tests (https://monero.town/post/3601453) have shown Monero fails at around 500k TX per day. The nodes just cannot handle it and this is likely an architectural shortcoming with no easy solution. BCH has been tested up to 10 million with no issues and can likely do much more.
The combinations are close to infinite. It would take enormous resources to get even close to likelihood of identifying correlations.
For the average person it is more than enough privacy. Given the other benefits of BCH it is just the better choice for mass adoption. There will always be a niche use case for Monero but it cannot serve as the world’s money, IMO.
The fundamental issue with Monero is its ability to scale. Tests have shown it can only do about 500k TX per day before serious node issues begin making the network unstable. Bitcoin Cash has been tested up to 10 million TX per day.
BCH is the complete package
It has a presence on all exchanges making it universally available
It has smart contracts, tokens, and DeFi. For example MUSD a decentralized stable coin. All on-chain and non-custodial https://www.moria.money/
BCH has instant transactions, there is no RBF (replace by fee like in BTC) or coin lock time so when you get a TX it is instantly spendable and non-reversible. This makes for a great DEX experience - https://app.cauldron.quest/tokens
It has good privacy via CashFusion, a untraceable trust-less coinjoin implementation - https://odysee.com/@backyarddirectors:c/cashfusion-true-privacy-on-bitcoin-cash:c
New developments will allow even better privacy than Monero in the form of private tokens - https://odysee.com/@CashDragon:6/bch-privacy-future:0
All this while maintaining full audibility, you do not have to worry about secret inflation bugs, plus the Bitcoin name.
Take a look at all the upgrades that have happened on BCH, cutting edge - https://minisatoshi.cash/upgrade-history