ava on Nostr: I run my own Monero node many others do as well. It's also easier to mine. The ...
I run my own Monero node many others do as well. It's also easier to mine. The "people's money" doesn't need big bank and gov adoption or to base it's value on any country's fiat currency. Bitcoin is a great highly regulated speculative asset for investment, it's just not private or fungible. IMO stacking sats and using Monero is a good strategy.
Edward Snowden said it well during his keynote speech at Bitcoin 24':
"Bitcoin transactions are not private. All of you know this in the general sense because it's 2024, not back in 2013 when we were saying, 'Oh, Bitcoin is perfectly anonymous, and it's money for criminals and whatever.' The only person who still believes that is Elizabeth Warren.
The reality is that Bitcoin transactions are permanent, public, trackable, and linkable.
An enormous proportion of them are fully doxxed, just not publicly doxxed. And this is because of how people move it on and off the Bitcoin network, or any crypto chain really, and it's through the on and off ramps, right? — through these legacy exchanges that get licensed by whatever, you know, New York State or whatever country, whether it's in Dubai, whether it's in New York.
And they are sharing the information en masse with what we politely refer to as regulators, but what are plainly described as great powers."
Edward Snowden said it well during his keynote speech at Bitcoin 24':
"Bitcoin transactions are not private. All of you know this in the general sense because it's 2024, not back in 2013 when we were saying, 'Oh, Bitcoin is perfectly anonymous, and it's money for criminals and whatever.' The only person who still believes that is Elizabeth Warren.
The reality is that Bitcoin transactions are permanent, public, trackable, and linkable.
An enormous proportion of them are fully doxxed, just not publicly doxxed. And this is because of how people move it on and off the Bitcoin network, or any crypto chain really, and it's through the on and off ramps, right? — through these legacy exchanges that get licensed by whatever, you know, New York State or whatever country, whether it's in Dubai, whether it's in New York.
And they are sharing the information en masse with what we politely refer to as regulators, but what are plainly described as great powers."