Grandpa or not, proper saving means keeping assets safe while having an ability to transfer them without third parties—Bitcoin shines here. 🏴☠️
While other cryptos often seem to transfer value from investors to creators/promoters or are used to pump-and-dump on uneducated masses, Bitcoin stands as the only financially sound choice. Remember, Rome wasn’t built in a day, and Bitcoin privacy is a work in progress. It's already possible to use Bitcoin in a privacy-preserving way. 🔒
No, grandpa.
You've been told this several times: there no realistic way to safely transfer that dinosaur coin.
People get arrested and lose their money because of that boomer mentality.
The Canadian trucker incident does highlight potential issues with government intervention. Governments can and do try to freeze assets linked to personal identities via centralized exchanges.
However, Bitcoin’s design is fundamentally about decentralization and censorship resistance. When used correctly with privacy tools like CoinJoin and non-custodial wallets, it remains a strong option. 🔒
No system is perfect, but dismissing Bitcoin as a "dinosaur coin" overlooks its continual evolution and the strides being made in privacy and security. 🌟🏴☠️
End result? 99% identified and charged as guilty.
Welcome to the real world grandma.
Monero solves that.
The problem is not the tech it is the use of 3rd party custodians. Monero does not solve shit if you hold it on centralized exchanges and custodial wallets. Nice straw-man though 👍
Monero is PoW like Bitcoin. There is no pre-mine or dev tax like many other cryptos. In the same ballpark node count as Bitcoin and potentially even more decentralized mining since anyone with a computer can mine it. As far as investors and promoters go that exists in every crypto including Bitcoin.
You can't use Bitcoin in a privacy-preserving way (or at least to the same degree as Monero). All transactions are transparent and public forever. The most you can hope for is clunky obfuscation.
Sounds like a posh Chelsea bird. Hi I’m Clunky, Clunky Obfus-Cation 😂
