If Bitcoin don't go private on the base layer, Monero or something like that will flip it one day, there is no other way.

The value of a crypto currency is the use of it, if Bitcoin is not used, that mean it's a bubble, and like every bubble, it will burst one day.

It seems impossible today, but you know, Bitcoin have around 16 years, so many things happened in 16 years, and so many things will happen during the next 16 years. Maybe Bitcoin will go to 1 million, 10 millions, 100 millions... or maybe it will go back to 0. Nothing is impossible.

What we are early on is to understand the need of financial privacy, the need for an anonymous system, few understand what is really wrong with Bitcoin because they don't really understand what is really wrong with our Governments, and because of that a disaster for many is ahead, one way or another, Bitcoin will be controlled & censored, maybe with a fork, maybe with KYC on-chain, I don't know how it will happen exactly but I'm 99.99% sure something like that will come in the 10 years to come, maybe before 2030.

Bitcoin is becoming something evil, an extension of the actual corrupted system, it's moving quickly. Be really careful of what's going on and how the situation evolve, trusting Bitcoin to protect you is becoming dangerous.

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True. If #BTC is only usable through L2s then BTC is in a very fragile state. All it takes is one cycle where BTC does not pass its all time high before the Ngu crowd to abandon BTC. At that point BTC is nothing special and all the L2s can quickly ported to any BTC like coin like #LTC or #BCH or even #Monero. Note BTCpay server And Bisq have peen ported to other coins so an L2 port is very doable. When that happens be prepared.

#cryptoconomy #bitrequest