LogicallyMinded on Nostr: True no one can lock your #Bitcoin into a #covenant but are you not concerned for the ...
True no one can lock your #Bitcoin into a #covenant but are you not concerned for the value of your bitcoins that an ever growing share of the supply will be forcibly KYCed? With convenants, every Bitcoin that at one point touches a regulated entity (centralized exchange, ETF, miner, MicroStrategy, etc) will become a KYCed Bitcoin forever.
Published at
2024-05-13 23:34:47Event JSON
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"content": "True no one can lock your #Bitcoin into a #covenant but are you not concerned for the value of your bitcoins that an ever growing share of the supply will be forcibly KYCed? With convenants, every Bitcoin that at one point touches a regulated entity (centralized exchange, ETF, miner, MicroStrategy, etc) will become a KYCed Bitcoin forever.",
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