IMO no, at least not as an exclusive store of value. They know you have it, so they will try to get it.
The fungibility of Bitcoin sucks, i will publish something which just happened to me about "tainted coins" in the next few days.
I convert my BTC to Monero and dump the rest on Wall Street.
How do they know you have it if you get it non kyc?
i guess sooner or later they will mandate digital id for anyone who accepts btc payments. as the payments are transparent, how do you want to circumvent that?
If they could do that to Bitcoin then they would do it to monero too. But if somehow they didnt, then I’d just swap to monero and get those gift cards you mentioned.
They can not do that to Monero, that is the point.
Why not?
Because nobody can say if you own any, which addresses you have, if you have any at all.
There is a reason why ransomware payments are done in monero
They don’t need to. A fed just needs to pay for something in monero then arrest the business owner for not complying with KYC. Make an example out of a few businesses then everyone else will be too scared to touch monero.
An old Chinese proverb says, “kill one, warn a thousand.”
if they know who is the seller, see darknet markets.
I don’t use the darknet markets. Tell me how I can use monero to buy steak from the grocery store.
me not either. why would you buy a steak with monero?
Isn’t that the point of money lol
ok.
So when they force digital ID on everyone and businesses require it, how can I buy steak, electricity, gas, medicine?
If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
I actually thought this conversation was going somewhere productive but it sounds like you don’t have an answer. If they force digital ID on everyone, which is very difficult to do, then your little monero gift card swapping platform would also be forced to comply. Then your monero privacy becomes worthless.
the conversation and your questions are actually pretty boring.
it does not require a high iq to imagine that there will be people who do not comply, like people buying drugs now or evade taxes nowadays. if they use a value transfer system which allows them to stay anonymous, they can do their own thing. if they use a public ledger without privacy, they can not. hard to get?
Logical fallacy: moving the goal posts. I asked a simple question, don’t change the subject.
How can I buy things that are really important and essential to my life like steak, gas, and medicine? I don’t need things from the darknet. I know some people will not comply but most will and that is a problem. So how do I get those things that I need with monero if they require digital ID from everyone?
You lucky you seem not yet to have met #theCabal in full extermination mode #covert #occultwarfare ... Your time will come. Choices. Not easy choices. I took the hard choices, to do the hard things; remain free. I'm £33,000,000,000,000 or so in #remotetorture to #suicide later. I'm still free. ;)
ps I know them well #BritishArmy trained #warfighter and ... I #knowmyenemy ... And tip: they'll exterminate you harder if you're a wimp.
They have no respect for people, who won't even fight to protect their very own life (never mind others' lives).
"How can I buy things that are really important and essential to my life like steak, gas, and medicine?"
You’re taking my replies to another conversation out of context. I’m not interested in being a soldier. I know I don’t NEED those things but I want those things. I want steak and a good quality of life. If I can’t have that, then I’ll leave the jurisdiction and live somewhere that treats me better. We can practice civil disobedience but it has limitations. The majority of people will comply. That’s reality. You can’t change that. If you think arguing with nyms on nostr will wake up the world to tyranny and educate everyone on the importance of privacy, then you must be retarded.
But that’s not what we are arguing about. I was asking the monero shill how monero is better for me than bitcoin if the state implements a digital ID. He failed to explain that. So GFY. muted.
For those interested in my reply (not Mahood, but ...).
"You’re
taking my replies to another conversation out of context. " Maybe, shame you missed the apology for doing so through the #mute. ;)
"I’m not
interested in being a soldier. " Few are, but when extermination by military means comes unwanted through the wall ... It's already too late to be taking decisions about what you might do.
"I know I don’t NEED those things but I
want those things. I want steak and a good quality of life. If I can’t
have that, then I’ll leave the jurisdiction and live somewhere that
treats me better. " Oh so clueless about #GlobalDictatorship (which is ... ironic considering the point he thinks he was trying to make).
"We can practice civil disobedience but it has
limitations." Incorrect. Logical conclusion (if you're upset enough) is of course #RightToRevolt (enshrined in law if you're a US citizen).
"The majority of people will comply. That’s reality. You
can’t change that. "
Look what happened during #COVID ... no arguments on your above. But I have #NaturalLaw rights.
"If you think arguing with nyms on nostr will wake up
the world to tyranny and educate everyone on the importance of privacy,
then you must be retarded. "
No retarded people call people names on social media and then mute them.
(that's a form of #abuse). #HitAndRun Nice.
"But that’s not what we are
arguing about. I was asking the monero shill how monero is better for me
than bitcoin if the state implements a digital ID. He failed to explain
that. So GFY. muted."
I tried. He's just another clueless ... set to die. Why?
There's only two types of people in a warzone;
1) the hunter;
2) the hunted.
(back to the enemy, I personally never found wise).
Hey daddy, tell me what to think!
You still don't understand that Bitcoin & Monero are ultimately black market money (the only markets that are permissionless) and it's entire premise relies on that. Any honeymoon period is fleeting. We already see them cracking down with recent events.
The state can make any arbitrary rules they want on white market transactions including banning Bitcoin and Monero.
https://github.com/libbitcoin/libbitcoin-system/wiki/Permissionless-Principle
I’ve read this before and I don’t disagree with it. But you missed the context of my comment. I was trying to make that guy prove to me how monero is better off than bitcoin if the government requires digital ID for all purchases. I can’t pay for things like steak, medicine, or my electric bill privately.
