Hi all
It’s been a while since I last posted. With Trump’s election and Saylor’s excessive buying there are now massive tailwinds for Bitcoin.
It’s nice to see Bitcoin reaching a new level of maturity but with this maturity also come more and differing opinions as to what Bitcoin is.
Number go up is certainly important and everyone denying it is not a real Bitcoiner. Only if the purchasing power of one BTC increases in real terms (and USD is a simple proxy for that with inflation), will it become THE global currency as we all hope and want.
However, with this institutionalization comes more regulation. Chain analytics is everywhere. Recently a Bitcoiner in the US got sentenced for not paying enough taxes. KYC, Travel Rule, all this bullshit is going through the roof.
Long story short, what are your thoughts about this? I think Bitcoin really needs some viable privacy solutions. Lightning is just not enough. We need to bring back more decentralized Coin-Join options or completely new privacy solutions. And, risking to sound like an ETH shill, we need good and stable Bitcoin-native Defi solutions. Exchanges, Derivatives, Lending. And we need a Bitcoin-native stable coin without counterparty risk.
I know there are some solutions and options for this and that here and there (like DLC, really nice) but nothing is really integrates or has reached a maturity yet where you can actually use it confidently with more substantial funds.
How are you navigating the Bitcoin world privately? What tools are you using? I want to use Bitcoin and not just hodl.