131 sats \ 0 replies \ @DarthCoin 27 Oct 2023 \ parent \ on: How would you summarize the trade-offs of Coin Join? bitcoin
  1. There's no such thing as "KYC coins". Please stop saying that. If there will be such thing, Bitcoin will cease to exist.
  2. If you never go back to fiat, why do you care so much? Just spend your coins on hookers and beers. Don't you?
If you plan to go back to fiat by selling those coins, then yes, you are fucked.
Also there's no "long term" holding. It is freedom (Bitcoin) or slavery (fiat/CBDC). So choose wisely. Bitcoin is simply money.
Reminder: Satoshi's papers, stated:
Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.
I do not see anywhere there saying: holding long term or getting rich. Is pure P2P money.
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