Bitcoin will never be MOE because maxi culture are too greedy and too dumb to use it, that's why they are using centralized exchanges and will be borrowing FIAT against bitcoin loosing all soveregnity and putting themselfs in a position of loosing all bitcoin whenever their enemies want...
#nostr
#grownostr
#bitcoin
No. I will hoard without permission during the transition, then when the producers of high quality stuff refuse fiat, I will spend my corn - the MOE era...
Wishfull thinking doesn't make things reallity..
No, you are right. Only the force of arms makes things reality. Don't believe me? Don't pay your parcel tax!
Also, when BIS kyc law gets going you only have the option of keep it stopped in self-custody, because if you use it in a sovereign way, the system will block you transaction and send it no the bitcoin reserve that you all praise for govs do...
which system? the blockchain?
no, the custodial system that all legal businesses will need to use to comply with BIS KYC laws if they want to keep doing business legally
oh i see. that's not the kind of thing i'm talking about. that's fine
i know, you though im dumb to not know that no one can stop a transaction from go on in the blockchain, but at least i'm not the naive one that didnt understould pretty well how BIS and govs will enforce the KYC laws they
I understand how governments will enforce KYC laws. I also know I can just zap you right now.
you can't zap me bitcoin, at best you can zap me ecash because how nostr/ecash works, but have not way to zap me bitcoin rn.
My point is that I can permissionlessly pay you - don't get hung up on the "zap" part - if we both so desired, regardless of KYC laws.
yes, i know that, but you also know what happens to who transact illegaly in a transparent blockchain...
we're having two separate conversation here. these two items are tangential
no, that is essencial
My Great Grandfather stood on his deck with his shot gun and Illegally educated his own kids. The state left him alone as he walked with in his prerogative. Only his eldest son went to governmental residential schools. So what does happen to those that "Illegally" transact?
man, my point is it doesnt even make sense to transact illegallty with bitcoin because it is dumb to do it, if you want to transact illigally use the best for the job, its that hard to understand this?
I can't believe you're still wasting time arguing with this clown
Every time you transact with someone on Bitcoin check what public information is available about their coin history. They may not meet your high standards of keeping KYC and non KYC perfectly separated. But that's not merely it. Any future mistake or voluntary KYC interaction will doxx years of hard work.
Saw it first hand how people react for the first time if you show them what is publically available for example on Arkham.
Chainanalysis companies go far further. They can put a name tag to 95% of all Bitcoin transactions.
Let’s put this to an actual test. See you constantly bullshitting on here about how bitcoin cannot be used privately
nostr:nprofile1qqswp94gnm4epqsgjkndl4lnd8krzdj5u4mzuppdtxksdymkty63g7gpz4mhxue69uhks6tnwshxummnw3ezumrpdejqzyrhwden5te0dehhxarj9ekxzmnyqq7www nostr:nprofile1qqspqxs39j9dctnfuqqrz98lrswnddlumcrdsn28j689n824susmphcppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7npnam8 nostr:nprofile1qqsf960jkzjpecendet5vq8mhzlljdawvxfjktf5lhpenlw2ywmhj7qpzpmhxue69uhkummnw3ezumrpdejqz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcx8m9fy - I have paid for products from all 3 of you via my Zeus node on my phone. Have I leaked any info that would be compromising?
You could spin up an npub.cash wallet and add your lightning address. Payments are public, but your sats will be private.
if you understand how govs will enforce KYC laws, why you tried to roast me?
im not dumb vinney
I understand what the concept is but I don't agree that it ensures bitcoin isn't (or won't be) an medium of exchange.
It already is. and it *absolutely* is when you factor in time (not just distinct parties) as an exchange dimension.
if you call transacting in non sovereign bitcoin a medium of exchange, thats with you, but for me thats not a MOE if you only can use it legally in a permissive way
"only can" use it in a legally permissive way? didn't we already establish one CAN (as in, it is technically possible) use it no matter the laws? why do you place so highly in your epistemology the whims of a random set of politicians in a random building on a random piece of land?
because they set the rules, and if you want to keep being free you need to not break them, if you are thinking in transacting non kyc/self custody bitcoin illegaly or your funds will be blocked and send to bitcoin reserve or sooner or later you will end on jail..
its that hard to understand that something being possible is not the same thing as some that is wise to do?
do you think there will be businesses accepting bitcoin without comply with the rules, putting them in a position of loosing it all?
thats not freedom, and thats not winning...
If your idea of "freedom" is contingent upon what the government says at any given moment in time, then we are so different from each other that it might not be worth continuing this conversation.
That's not my idea man, but i will not use the solution that puts me on jail in months, i will use the best for the job as i allways do.
you are the one that are wasting my time, and this is the second time that you try to roast me assuming that i am as dumb as you are...
You are not willing to die in the cause of freedom? Then you deserve none! Submit to your master and live within the privilege that you are afforded.
some people live in the realm of privilege which their master affords them. I live in the realm of my own choosing. I own myself and I have only freedom and no privilege, as I have no master but the creator.
No master but the whatnow?
LOL I live in the realm of my choosing. KYC is a master/servant relationship. I have only done KYC once and that was to off ramp and anonimize my wealth. Vinney I read your stuff! We seem to have the same understandings. As for nostr:npub1jvnwnqsfz8kq6p8mhlwx8cmgu2nzwyk7k996hneg8emhy0c8vpvqn6f6kz He is right I don't understand him and that's fine as I speak only the language of freedom. Why anyone would include KYC in any plan is beyond me!
Now you understand me, this bitcoin maximalists almost all buy with KYC and take off the exchange, thinking that they are safe, until someone steal the data from the exchanges and show at their doors with guns in hands to ask for that doxxed bitcoin.
I only used KYC exchanges less than 6 month that i knew bitcoin and crypto and since then always P2P.
This guys cant think..
These guys are clowns
My favorite is when they tried to use a BIS paper to scare people about bitcoin in order to shill their Monero shitcoin
For the passage I prefer to have Monero readily available. Don't know how long the transition will last, especially since I expect them to try to starve us just like we do with them.
Prepare for the big fasting. And if you need a break Monero comes in handy.
This I can agree with... Which is why bitcoin is departing from it's principal use. DECENTRALIZE. Every community should adopt a basic shitcoin and bring it value in the form or produced goods.
