[S1E7] Episode 7.0: The Fundamentals of Bitcoin vs. Monero with Seth Simmons

Episode Notes

Today's episode features an overview of the fundamentals between Bitcoin and Monero. Using bitcoin as a benchmark, Seth and I discuss the specifics of Monero that allow it to hold its weight against bitcoin, ranging from its superiority as a medium of exchange to a prospective store of value. This is an excellent episode to review if you're interested in monero's unique privacy tools and how it's other attributes allow it to be a strong, scarce alternative to bitcoin in an increasingly un-private world.

If you enjoyed this content and would like to see the show continue, please consider donating some piconeros (XMR) to the show. Our OpenAlias is WhyMoneroPodcast.com or via the subaddress at 883Zx5aiQxeegqCCTVYQcf7BNuu2jhd4H5gRqUaA9XxndZJwxXwbHcXVXdhym8W7bUDxevfTWgYCvGbFZGX7b2yjJSYxpyV

Show Notes
Guide to Monero Mining: https://sethsimmons.me/guides/mining-monero/

Guide to Running a Monero Node: https://sethsimmons.me/guides/run-a-monero-node/

Guide on how YOU can Contribute to Monero: https://sethsimmons.me/posts/contributing-to-monero/

The Strange Birth & History of Monero, Part I: https://www.reddit.com/r/Monero/comments/3f2fpd/the_strange_birth_history_of_monero_part_i_wtf_is/

The Strange Birth & History of Monero, Part II: https://www.reddit.com/r/Monero/comments/5h15rh/the_strange_birth_history_of_monero_part_ii/

The Strange Birth & History of Monero, Part III: https://www.reddit.com/r/Monero/comments/5hhpzq/the_strange_birth_history_of_monero_part_iii/

The Strange Birth & History of Monero, Part IV: https://www.reddit.com/r/Monero/comments/5hvwu8/the_strange_birth_history_of_monero_part_iv/

Comparing Bitcoin Privacy vs. Monero's Privacy: https://sethsimmons.me/posts/comparing-private-spends/#comparing-size-and-cost

FluffyPony on Monero Supply Audit: https://twitter.com/fluffypony/status/1292032287396306944

GetMonero.org Supply Auditability Artcle: https://web.getmonero.org/2020/01/17/auditability.html

Video w/ FluffyPony regarding the Supply Auditability of Monero: https://www.youtube.com/watch?app=desktop&v=meDkx6gRPMg

Seth Simmon's Privacy Podcast - 'Opt Out' - https://www.optoutpod.com/

To reach Seth, see: https://sethsimmons.me/about/#how-to-contact-me