Theory of Everything on Nostr: Lots of controversy in the community about privacy being the reason for HODLing. I ...
Lots of controversy in the community about privacy being the reason for HODLing. I think that reporting my bitcoin on my taxes and having the freedom to trade transparently is a more profitable strategy than holding on to bitcoin that I may have acquired illegally to pass on to someone else. I get it, People holding coins from the beginning were breaking laws left and right, But without increasing my stack over time I am just as stuck as someone on a fixed income. The dream of the original bitcoiners was to abolish central banking, And the reality is that bitcoin is another layer in central banking. I move bitcoin occasionally but I spend dollars every day. I am pretty sure I could find a business that would accept payments in Roman Aureus. Fiat will become less relevant, But it will never go away completely.
Published at
2025-01-16 00:09:23Event JSON
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