Wanna get into Monero. 0 experience with crypto. Complete beginner. Any good reading materials / tutorials I should start with that you could recommend?

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[–] 1 point 2 days ago (3 children)

Just curious, what's your interest in Monero over Bitcoin? Presumably privacy based? I think the point that @mildseason@sopuli.xyz brings up about the boundary between Bitcoin and Monero is where you're most likely to expose yourself. I might argue you'd have an easier time getting BTC with a result suitable to your needs

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  • [–] [S] 1 point 2 days ago (2 children)

    Yeah, I've heard Bitcoin is not private at all and can be easily traced.

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  • [–] 3 points 2 days ago

    Yeah Bitcoin can be traced and every transaction is visible on the blockchain. Monero uses some crazy algorithms to obfuscate the transactions. I believe it's still possible for state actors to trace but that's very resource intensive and there's ways to avoid it.

    As @padreug@programming.dev says, BTC is easier to acquire and may be sufficient. Depends on your threat model!

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