this post was submitted on 08 Sep 2023
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Is the digital dollar dead? Prominent politicians want to make sure a central bank digital currency never happens in the US—just as we’ve learned the basics of how one might work. (www.technologyreview.com)
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[–] shortwavesurfer@monero.town -1 points 1 year ago* (last edited 1 year ago)

Bitcoin and similar cryptocurrencies have privacy issues of their own. Though users are pseudonymous, information about the sender, the recipient, and the amount of every transaction is published on the blockchain.

Correct, currencies like Bitcoin do have this issue. However, Monero solves this issue using stealth addresses, RingCT and ring signatures.