ermapop on Nostr: You are a crazy if you think they don't control Bitcoin š Making Bitcoin the "new ...
You are a crazy if you think they don't control Bitcoin š
Making Bitcoin the "new international reserve currency" doesn't mean it can protect you from your government, and Bitcoin is more and more controlled, KYC everywhere on mining now, which entity are the major miners ? People like you and me ? No, it's big corporations which comply to the government, that mean at some point Bitcoin will eventually be censored with a blacklist or whitelist. They know every big mining company and it will be so easy to pressure them... that's why anonymity is essential, staying hidden is not for hackers or dealers only, it's a necessity for everyone against a dystopian system, the situation will be worse with CBDC and Bitcoin will not help you at this point, if they know where your finance is, you are fucked. Of course everyone in economy know from 1971 the fiat will collapse, from the early days of Bitcoin they knew it's existence, there was CIA report from 2011 something like that explaining Bitcoin, they never tried to kill Bitcoin because Bitcoin has never been a threat to them, it's a transparent ledger, KYC no resistant, centralized KYC mining, there is no privacy at all, Monero on the opposite is an opaque ledger, KYC resistant, decentralized anonymous mining, there is full privacy here and this is a real threat to them because it's untraceable, KYC is useless, impossible to enforce a blacklist or whitelist. People thinking Bitcoin is a protection against CBDC or government are doing a big mistake, so yes Monero help you to hide your economic dealings, why do you think the DarkNet use Monero instead of Bitcoin? The price is not the question, Bitcoin can x10 and Monero /10 is irrelevant, it's about fundamental not about price, at that point, Gold is far better than Bitcoin, if there is a WW3, Bitcoin will probably go to 0 and Gold will go the sky, Gold is will ever be the international reserve currency, Bitcoin perpetually need electricity and internet to work, Gold is independent from everything, in 1000 years, I can guarantee you Gold will be here, I can't about Bitcoin, so Gold cannot be replaced by Bitcoin, only fool think that, again it's not about the price but about fundamental, intrinsic property and as a reserve currency, Gold is Gold (you can consider Silver too)
Making Bitcoin the "new international reserve currency" doesn't mean it can protect you from your government, and Bitcoin is more and more controlled, KYC everywhere on mining now, which entity are the major miners ? People like you and me ? No, it's big corporations which comply to the government, that mean at some point Bitcoin will eventually be censored with a blacklist or whitelist. They know every big mining company and it will be so easy to pressure them... that's why anonymity is essential, staying hidden is not for hackers or dealers only, it's a necessity for everyone against a dystopian system, the situation will be worse with CBDC and Bitcoin will not help you at this point, if they know where your finance is, you are fucked. Of course everyone in economy know from 1971 the fiat will collapse, from the early days of Bitcoin they knew it's existence, there was CIA report from 2011 something like that explaining Bitcoin, they never tried to kill Bitcoin because Bitcoin has never been a threat to them, it's a transparent ledger, KYC no resistant, centralized KYC mining, there is no privacy at all, Monero on the opposite is an opaque ledger, KYC resistant, decentralized anonymous mining, there is full privacy here and this is a real threat to them because it's untraceable, KYC is useless, impossible to enforce a blacklist or whitelist. People thinking Bitcoin is a protection against CBDC or government are doing a big mistake, so yes Monero help you to hide your economic dealings, why do you think the DarkNet use Monero instead of Bitcoin? The price is not the question, Bitcoin can x10 and Monero /10 is irrelevant, it's about fundamental not about price, at that point, Gold is far better than Bitcoin, if there is a WW3, Bitcoin will probably go to 0 and Gold will go the sky, Gold is will ever be the international reserve currency, Bitcoin perpetually need electricity and internet to work, Gold is independent from everything, in 1000 years, I can guarantee you Gold will be here, I can't about Bitcoin, so Gold cannot be replaced by Bitcoin, only fool think that, again it's not about the price but about fundamental, intrinsic property and as a reserve currency, Gold is Gold (you can consider Silver too)