BTC is better than a Swiss bank account.
Discussion
Yes.
Like those great Swiss bank accounts where every transaction and the account balance is publicly visible...
Exactly. We know how much Bitcoin is in circulation. The most important aspect of money.
And the government knows exactly how much you hold and with whom you transact.
And it will only use this data against you.
This is an old and dumb argument I'm tired of discussing. Go spend your life savings on Monero or XRP or whatever your selling. I don't care. 👍
current generation of bitcoiners has a hard time to understand basic concepts.
THERE ARE VARIOUS WAYS TO ACQUIRE KYC-FREE BITCOIN LOL HFSP
No shit, many of them sell you tainted coins from darknet markets where you will have fun with later due to chain analysis.
Have fun staying mediocre.
"perfect surveillance is the price of integrity"
fucking terrible take.
Ken, it is a fully transparent, public blockchain. Everybody on the planet can see each transaction as well as any address balance.
Including yours.
The government knows your addresses anyway, the criminals will know it when KYC data gets leaked or hacked. Also wallet providers of custodial lightning wallets know your addresses.
Does this sound like a swiss bank account to you?
Saying BTC is better than a Swiss bank account is like saying a tofu schnitzel with mrna sauce is better than a grass fed ribeye.
Yes 💯
How can people still believe that in 2025?
The reason why BTC is allowed to exist, even in high inflation authoritarian states like Turkey is because it provides no privacy ( unlike a Swiss bank account )
There should be a spike in bitcoin and monero searches in DC right now, not swiss bank accounts and Rico laws
Nostr friends are better than a Swiss foundation.