Mass adoption of Bitcoin would be a mass surveillance dream due to the lack of on-chain privacy. It also won't be censorship resistant without privacy.
Still not too late for Bitcoin to add serious on-chain privacy via encryption rather than obfuscation, but it's getting there.
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Needs a lot of improvement, but at least they've stopped it from becoming ossified and unable to improve so they can keep doing that far more easily.
What is Monero lacking at the moment in your opinion? I always thought of XMR as the gold standard today.
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In terms of privacy, it still partially relies on obfuscation / decoys instead of being entirely encrypted. It has privacy-by-default which is great but the tech isn't nearly as advanced right now. They're actively improving it though.
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