It is a call option on your government's ability to take your stuff.
It's worth something, just not to you.
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It is a call option on your government's ability to take your stuff.
It's worth something, just not to you.
True, Bitcoin in its current form can be used to create the most horrible surveillance nightmare on the planet. Monero fixes this (as bitcoiners sadly wont).
😂 Pray for this guy 🙏 Such an illness can cause permanent damage
so, you think your gov can not take your kyc'ed coins?
scammer, shitcoiner
lol man, how old are you?
You are brave typing the word Monero on a Bitcoin community.
That shouldn't be considered brave. You should be able to have honest discussions that include other coins.
its a religious thing for most people here.
👍 I thought i'd test the waters on that today.
those waters are very dark, cold and deep here :)
like saying jesus in a mosque :)
people who treat bitcoin as a religion which can not be questioned are just low iq normies
If you buy your Monero on Kraken, then you'll encounter the same issue.
Monero guys need to chill the fuck out when it comes to bitcoin, just be happy bitcoin gives you liquidity.
A Monero spender
Fckers are already doing a good job of making it difficult. Those who are already familiar with Bitcoin know how to navigate around it. However, for upcoming new Maxi's, it's going to be difficult, and they might fall into the trap easily.
But we already have 90% of BTC in circulation. Enough to start a bitcoin circular economy.
I still do not understand why people do not start demanding to be paid in BTC and not buying it anymore.
https://i.postimg.cc/sXr5MdtV/PAY-ME-BTC.jpg
Or if they are entrepreneurs just create something and sell it only for bitcoin.
https://i.postimg.cc/B6vjDQvF/LN-chad-adoption.jpg
👍
Funny, my kycd coins have a lot of value to me 🤔
It'd be a shame if something happened to anything you own in the future as a result of recorded purchases.
Sure would.
Sir or ma'am, I lost my seed plates down a storm drain when I tripped and fell on my way to pay my income taxes.
That's okay because we know you purchased around 2.1 btc from Swan in 2022. At the moment, those bitcoin are worth roughtly $140,000.
How would you like to pay? You don't need to give the bitcoin to us? We like fiat, so maybe you could sell your vehicles before we put a lien on them?
Fortunately most countries still got cash which makes easy to escape from the control maniac government
Cash is a great tool, we should all use it more in our day to day lives
Yes. That's why you can sell it for... $69200 at the moment.
You should do that, erase the record of purchase. And buy kyc free.
Hopefully the cap gains aren't too tough to swallow.
Or I could just send it to liquid, send it around a few times and send it back to bitcoin proper 🤷♂️ - maybe even via lightning!
Thanks for clarifying your level of understanding.
The government has full control and visibility of the exit ramp. Like - what are you using to buy bitcoin? A debit card? A bank account? How many of us are paying with physical cash?
At some point you're converting USD to bitcoin, and you're probably doing it electronically. If the government really wants to criminalize bitcoin and confiscate everyone's keys, can't they just look at your bank account to see if you've ever paid for bitcoin? Isn't that all they really need to know to investigate you?
The essential properties of money don't include privacy. Bitcoin is literally a public ledger. 🤷🏻♂️
But none of that matters because of how easy it is to prevent anyone, including the government, from stealing your keys.
Why does everyone think they want your stupid bitcoin? They will take ANY of your assets to foot the bill.
Then you're talking about full on civil unrest at this point, if not the complete downfall of the United States... Doesn't seem like they'd self sabotage like that.
And again, that doesn't really fix the "infeasibility of non-KYC" issue anyway.
I just don't see how you could possibly live on a bitcoin standard without kyc coins. What happens when you want to buy a house? Are you going to spend the time finding thousands of buyers to take your coins? You'll end up labelled a money transmitter if the feds find out. Which they will when those funds hit your bank account before being turned into a mortgage loan or whatever.
It's a cute larp, and most people should have at least some KYC-free coins, but I just don't get how that scales when you need to spend/sell bitcoin in the 5, 6, or 7 figures range.
I'm ok of Bitcoin is used for politicians.