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10 sats \ 3 replies \ @Akg10s3 5 Jul \ on: Privacy and Fungibility: The Forgotten Virtues of Sound Money econ
I don't agree... Without blockchain, Bitcoin would become just another asset! Just a run-of-the-mill asset...
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113 sats \ 2 replies \ @Rothbardian_fanatic OP 5 Jul
Whether you agree or not, you have lost your privacy and the privacy of your money. And, as it stands, with the blockchain, you have to wear the collar of the blockchain whenever you use bitcoin. BTC is not even a run-of-the-mill asset because you have absolutely no privacy when everybody and their brother can see how much you used and who the person you gave it to is. Not a great deal, is that?
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20 sats \ 1 reply \ @OT 6 Jul
Transacting onchain requires some knowledge. Spending with lightning gives us pretty good privacy without havibg to learn too much.
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0 sats \ 0 replies \ @Rothbardian_fanatic OP 6 Jul
That is my usual way of transacting, but I am still unconfident when doing it. Probably due to lack of experience and knowledge. After all, noobies will noobie.
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