Replying to Avatar Chuck Langstrumpf

IMO the switch is inevitable. People will realize that BTC is not usable as money without custodians, AML and KYC.

Will take some time for sure but i am confident that people who invest in privacy tech now will be the big winners in the end.
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Hanshan 1y ago

Nothing is inevitable.

Maybe they come up with FedCoin and all this blows away in the end.

Life is complicated.

But basically I'm doing the same thing, stacking both.

I keep a percentage liquid and move it back and forth between btc and xmr depending on the exchange rate.

Just cause I like to gamble. Agree we're unlikely to go lower.

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dluvian 1y ago

It can always go lower

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Chuck Langstrumpf 1y ago

I think financial privacy is an easy pitch as surveillance grows everywhere. And as debt grows, states will also try to get peoples money including BTC.

Similar to how the VPN industry grew with greater internet surveillance and geoblocking, anonymous stores of value will attract more people.