The government likes our money. I mean store of value. #bitcoin #nostr

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"shared ledger technology"

lol

oh that's very much what it is. A bunch of banks can have a shared database and use cryptography to ensure that they all stay in sync and settle quickly. It's an improvement they should have made in the 1970's but lack of competition made them complacent.... why do banks care if a transaction actually takes a week or two for final settlement?

So they are improving the speed at which banks can settle between each other using a shared ledger.

There are many networks one can participate in to settle value with others. The 100 trillion dollar question is, which one do you trust the most?

Bitcoin

of course. But the 100 trillion dollar question is:

Which settlement network do you trust?

The government now loves bitcoin, so that makes me susp.

So therefore I choose monero. I trust monero.

We love Monero ๐Ÿ™ƒ

๐Ÿงก

You don't need Monero to commit tax fraud.

*if you don't mind increasing the chances of getting caught

agree

Yes if you are going to commit tax fraud using Monero would give you some advantages.

Agree.

Monero's privacy makes it impossible audit. I would certainly not trust it to hold multi-generational wealth.

I don't care if the government likes bitcoin or not. My opinion of it is not based on the opinions of others, it's based on my own study of how it works.

You are of course welcome to trust whatever network you like. Best of luck.

Monero