Hardly anyone on this planet understands how powerful Bitcoin is
Want to tax my unrealized gains?
Good luck.
Want to take half my stuff in a divorce?
Good luck.
Want to try and shut me out of the economy?
Good luck.
Bitcoin is a fucking weapon.
Hopefully the general population figures this out before it's too late.
https://youtu.be/_kJs8zYUGVc
Some truth - really those things are more about the culture of your society. Bitcoin can prevent the act of theft but it cannot prevent the effects of people trying to steal from you.
And I hate to say it but the general population is never going to figure it out, not on this deeper level anyway. The best case is we gain control of media and education and promote Bitcoin through those avenues.
I really appreciate your enthusiasm.
but you misspelled Monero.
because you can use it for what you need, without ruining your privacy.
also, 2% supply inflation isn't a problem.
As much as I'd love to believe that, all it takes is for the government to close all on-ramps, figure out your wallet address, then go after you for that. That's why a lot of people like Monero: it takes care of that last part, but the on-ramp issue is still a problem.
Bitcoin is an improvement, for sure, but it's not perfect or flawless.
Any government at any moment has the option to go full DPRK on its people. That comes with many costs and tradeoffs most govts will not be willing to pay.
In a DPRK style gun-to-the-head “give me your seed phrase or else” world no one and no protocol is truly safe from government overreach.
In most versions of government that fall short of that, bitcoin gets the job done.
Gold was a SoV for thousands of years.
Nobody ever argued that it's TOO inflationary.
and excuse me,
but over all human history were highly incentivized to produce more gold.
Your "they'll just mine more" argument doesn't hold water.
I thought you already were a rage bait ai bot 😂
but ok
you can make small purchases that nobody cares about
you can use your nokyc sats to open a LN channel if you use your own node
but big purchases are totally out.
any purchase that might link KYC data back to your wallet and expose that UTXO cluster is a problem.
so the more you actually use it, the more likely CA is able to link them together.
so generally
"not if you want to maintain your privacy"