Leave The Fiat World Behind and Build a New One (with Freedom Tools like #Bitcoin)
New interview with Whitney Webb to close out 2023:
Discussion
thanks, Nat, Whitney Webb is legit. 🥂
Whitney what does you think about xmr? Does it stand a chance against being co-opted
XMR is being delisted from Binance
BTC is getting a BlackRock ETF
Which of these seems like it's being co-opted?
What do you think they consider more of a threat?
BTC is the Trojan horse!
Maybe...or maybe it's Bitcoin being trojan horsed 🤔
So ya we know some attack vectors on BTC we seen it defense them and some are ongoing. But with XMR what's the attack surface like ? Some deanonymizing stuff had happen then it kinda sorta maybe fixed it. The problem with XMR is that even though it's open source some bugs are still out in the wild right ? Like if someone created a unlimited XMR glitch for an extreme example no one would be able to know right ? So on the co-op XMR possibly like what's the surface of attack look like ? Bc just from my perspective BTC is going to wrestle with the banks but like ultimately that's a fight BTC could win. But XMR vs the intelligence world....that's like one hell of a battle.
Good point, there are always trade offs. Using both BTC and XMR is for the wisest of us 😁. It all comes down to the use case you have, you will use BTC to save and XMR to spend like cash. BTC for large official purchases like a house or a car and XMR for the day to day expenses.
What "deanonymizing stuff"? Can you be more specific?
If there was an "unlimited XMR glitch" I guess we would know indirectly when it's price suddenly started plummeting towards zero.
That doesn't mean supply bugs don't/can't happen on BTC. And there is no real solution for supply bugs that have been exploited. Doesn't matter if it's XMR or BTC. There will always be some level of permanent damage. The larger BTC becomes, and the longer it takes to discover and stop, the more damage this will be.
Ultimately this is a fight against state controlled monetary supply, financial surveillance, and transactional censorship. Banks are just one of their proxies.
Why only XMR? You don't intelligence agencies are vs BTC?
BTC is a much larger target, traceable, and they even had a hand in creating it's PoW hash function and cryptographic curve. Blockstream has some very shady connections you might want to look into as well.
https://sethforprivacy.com/posts/dispelling-monero-fud/#you-cant-audit-the-monero-supply
Bitcoin is being trojan horsed all the time. The whole crypto sector is.
Very enjoyable interview. Always a reality check. Hope for the best, prepare for the worst.
Happy New Year🎊
And remember to lock it load..😠
At this point I question if Bitcoin is still a freedom tool? Custodial solutions are dominating exchanges, LN, bitpay requires KYC and soon we will have a cash settled ETF.
Those looking for freedom and privacy for transactions moved on to Monero.
Great interview. Isn’t it time for you two to speak again?