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Replying to Avatar Prince Aleph

I've been laughing at this recently after I heard the "anti-establishment" thing again

-You have to earn fiat to buy it

-It records every transaction ever and stores it on the chain (it's not untraceable)

-Law enforcement have been able to identify, locate and seize assets of "hodlers" (it's not anonymous)

-It was probably invented by the government for covert activities (.gov has all the cryptography experts)

-You have to sell it and convert it back into fiat to use it in most cases - and that's capital gains; I hope you don't forget to give Uncle $cam his cut

The main use case for bitcoin is to buy a bunch of it after the next Bankman-Fried or SVB style crash and then sell it when it gets back to 100k+ because you know the true believers will never learn

ed
ede3d957... 8mo ago

Monero fixes this

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