Something that occurs to me re these points
What if #bitcoin is the CBDC?
Consider if you buy bitcoin on a US exchange:
1. You buy bitcoin (with KYC)
2. Your bitcoin address is linked with your personal info
3. Your future spending of that bitcoin is visible on-chain
How is this BTC different than a CBDC?
What am I missing?
nostr:note1zu0wm7hnqd3a4eglyhr7hm3ctpa6nejph6durqzlc2zspydpzscsg84zef
I have wondered about this also. What if BTC is the CBDC? 🤔
Tbh BTC+KYC seems to have all the criteria when you look at the KYC framework on exchanges
Plus, if you look at the mining pools, there's only like 3 pools with > 50% of hashrate ....so eventually, that's only a few places to block transactions
Wow ok dude this is terrible shotgun marketing for Rigly….
Makes me a bit hesitant to try your service.
Was actually thinking similar thoughts this morning while considering whether or not to transfer the whole kyc stack to a new wallet through a coinjoin.
Like, what am I, 1 of 100 that cares about privacy? They already know that I bought it 🤷♂️
They can’t really get to it now, and they can’t really get to it if I coinjoin. Am I really gain anything?
- Bitcoin is still completely different from a cbdc because the government or whoever cares can’t stop you from using the KYC coins.
What are they gonna do? Say math and speech is illegal?
