/biz/ - Business & Finance

>>54569913
>>54569992
>Bitcoin's anonymity
>It's anonymous In the sense you shut the fuck up and avoid kyc
So it's pesudoymous.

>>51503858
> don't publicize a new address before using anonymity features
That ensures pseudonymity, not anonymity.

> you will satisfy their 'fungibility' meme.
No matter how decoupled your address is, there's still a possibility that the received coins on this address are tainted by involvement with sanctioned actors. Even if you're not yourself a sanctioned actor, or interacting with any such.

>>49376921
> All anonymity is pseudonymity.
No, pseudonymity is about whether or not you can link a identity of one network to another, like say a Bitcoin identity to a real world one.
With anonymity however, each state update on the same network essentially creates a new identity, and thus it becomes about whether or not these can be linked together, rather than linking a particular one to that of another network.
For instance the Monero identity that sent xx.x XMR and the one that sent y.yy.

> The advantage of XMR is the updating though, that turns it into an arms race. But that's the advantage of things like the ethereum ecosystem
True, I think you can draw parallels between Bitcoin vs Ethereum and Monero, and constitutional democracy vs developmental democracy. The first may be more stable, but the latter could turn out to be more resilient due to the constant adapting, we'll see.
It should also be noted that the economics of Ethereum is more akin to Keynesianism, while Bitcoin and Monero is based on the Austrian School of economics, which again makes this competition between them very interesting, especially since Ethereum (as opposed to most governments) will implement Keynesianism right and actually burn the money supply too, rather than just endlessly inflating it.

> Unfortunately, in my opinion there will never be enough demand to transform into a truly decentralized ecosystem. It's human nature that most people are moderates not looking for quick change.
This may be true for Bitcoin, but at least Monero has P2Pool and Ethereum has Rocketpool.