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I have no wish to use bitcoin as a currency. Maybe one day, perhaps not in my lifetime it will become one, but I'm fine with it being the hardest liquid store o
by npoc 2y ago
I have no wish to use bitcoin as a currency. Maybe one day, perhaps not in my lifetime it will become one, but I'm fine with it being the hardest liquid store of value we've ever seen and will likely ever see.
It's also not trivial to "deanonymize" bitcoin. Especially if it was acquired through non-KYC and/or takes steps to add privacy (such as conjoin or non-KYC on/off ramps).
- akimbostrawman 2y agoAt least you are honest BTC is nothing more than gambling and used to upsell it to a greater fool. Meanwhile monero continues to be the actual P2P decentralised anonymous private currency btc pretends to be. So i just need to jump through dozens of hoops that maybe kind of work or just use a superior currency that does it all much better provable by default for much higher threat model?
- npoc 2y agoYes, at this stage, if you want increased privacy, you need to jump through hoops. Monero has a place - to increase the privacy of bitcoin when required. But I'd never store value in it for any length of time, I'd only use it temporarily.