Is Monero Better Than Bitcoin?

𝐋𝐄𝐀𝐑𝐍 𝐓𝐎 𝐁𝐔𝐘 𝐀𝐍𝐎𝐍𝐘𝐌𝐎𝐔𝐒 𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐀𝐍𝐃 𝐂𝐎𝐈𝐍𝐉𝐎𝐈𝐍:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

In this video, I discuss the trade-offs that Monero makes in order to achieve better privacy at the protocol level.

Cryptographic innovations like ring signatures are quite cool, but contribute to huge blockchain bloat, and thus threaten decentralization, if Monero were ever to become widely used.

There is never a free lunch in engineering. You cannot simultaneously have high speed, decentralization, security, and full privacy. Bitcoin chooses security and decentralization first, which allows privacy and speed to be built on higher layers like Layer 2 and 3.

Not investment advice! Consult a financial advisor.

Dark web now prefers Monero over Bitcoin?
https://www.newsbtc.com/news/bitcoin/why-the-dark-nets-most-active-market-ditched-bitcoin-for-monero/

Bitcoin reachable full node map:
https://bitnodes.io/

Challenging to run a Monero full node:
https://monero.stackexchange.com/questions/13570/what-is-the-current-monero-blockchain-size-in-gb

Many Monero people prefer to trust someone else's node:
https://docs.featherwallet.org/guides/first-start

Monero pruned nodes:
https://www.getmonero.org/resources/moneropedia/pruning.html
https://web.getmonero.org/2019/02/01/pruning.html

How big is Monero blockchain?
https://www.getmonero.org/get-started/faq/#anchor-block-size

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
#crypto

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