Cryptocurrency comments. Privacy advocate.
Joined February 2019
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1/ For those who have not read @danheld article titled “Bitcoin’s Security is Fine” you would do yourself a great service by heading over to blog.picks.co/bitcoins-secur… and reading it now.
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There will be a mass surveillance fiat-like cryptocurrency when we enter the digital era of money. And there will be the protest money to fight the abuses of power that governments and corporations take with your money. It's your job to identify it and switch.
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Bitcoin is $1T because governments and corporations seeking power through surveillance and custody are working together to push it on you through propaganda and gaslighting.
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The Fidelity/Square/Coinbase news is an attack on crypto not the holy grail that pump and dumpers would have you believe. 2 of 3 of these companies have already demonstrated poor stewardship and one I can only imagine would be horrible.
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Bitcoiners think mixing bitcoin is like having gold covered shit, but everyone who sees it went to a mixer sees it as shit covered gold.
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The bitcoin ecosystem seems strong because there is a lot you can do. Onboard, off board, buy BTC funds. But all these services are AWFUL. Activity surveillance, asset seizure, KYC and management fees. Why do you value this aspect of the ecosystem? It’s not good.
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TraceEvader retweeted
Well, I’ll won’t be using CashApp again to buy Bitcoin. They‘ve been blocking me from transferring BTC to a decentralized exchange.
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Bitcoiners are bankers. The design of Bitcoin forces you to use custodial services that take a cut of your wealth. Using bitcoin gives full surveillance by default, and the expectation of privacy is null. This is not a currency anyone in the digital era should want.
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Private store of value with security guarantees (Monero) dominates transparent store of value with security speculations (Bitcoin).
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“It was both a privacy violation, and a breach of trust,” he told the foundation. He also said that the company requiring drivers to agree to constant surveillance in order to do their jobs seemed like “a sort of coercion.”
businessinsider.com.au/amazo…
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TraceEvader retweeted
This is what "Fungible-ish" looks like.
Also known as, Non-Fungible.
#Bitcoin
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Bitcoin is one of the least fungible assets that has ever existed. It only seems fungible when you don’t look. It’s only 12 years old, but look how dirty so many coins are already. In the future bitcoins will be traded solely as NFTs representing their historical crimes.
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