There have been previous conversations between he and I friend.

If he didnt care about privacy at all, I wouldn't live rent free in his head 😜

The fact is

there is no wealth without privacy.

if they know you have it, it is possible to confiscate it. Otherwise you are just trusting the legal system.

People who actually NEED strong censorship resistance already use monero.

Its also used more than LN for payments anywhere both are accepted.

if "nobody cares" its because you're in an echo chamber and trust the system to protect your private property.

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"there is no wealth without privacy"

this isn't factual.

which is why there are zero methods wealthy people use to obfuscate their assets

obviously πŸ‘

Not sure the Canadian truckers would agree

Ask BTC Sessions what happens when you use a transparent traceable ledger to recieve donations for a group that the government does not like.

Knock knock. Who's there?

The issue is property rights not being respected.

Just because BTC Sessions fucked up doesn’t mean bitcoin wasn’t the right tool for the job.

Shilling number go down monero coin is hard and only gonna get harder. Better to be private and broke than rich and less private said no one ever.

soooo

Bitcoin is the better tool

because we trust the state to protect property rights?

i feel like you missed the original premise.

also

nostr:note144ta8c7qf58c9kpang286d5ccwdkk3vk7wxzy9g2d8y3epu06saqxt82u9

No, bitcoin is the better tool because it’s the most valuable thing you can transact P2P across borders without trusting a third party.

No one said anything about trusting governments. Individuals can violate your property rights too, or have you not been paying attention to all the wrench attacks.

You're not tracking the conversation homie

The point we were making is that

"it isn't censorship resistant if it's not private"

as did the Canadian trucker circumstance

you said " The issue is property rights not being respected"

So if the solution is not privacy (as I maintain) but instead property rights,

who is guaranteeing those property rights?

It's easier to think of as fungibility and privacy being inexorable. Censorship resistance follows from fungibility.

I thought it would be confusing to mention fungibility here

but you're absolutely correct πŸ‘

>"The issue is property rights not being respected."

The whole point of Bitcoin is not to rely on political solutions for money dumb dumb

It obviously wasn't the right tool for the job. If they couldn't trace the donations, or better yet not even know anyone was donating at all, the Canadian government wouldn't have gone to confiscate it in the first place. But you are free to continue coping.

Lol

Manero down bad. I would be upset too if I held that shitcoin. Back to Subway.

lol

every.

single.

time.

your preoccupation with fiat "value" is pathetic

and your lack of ability to hold a conversation about 1st principles outs you as a noob

🀑

Hey nostr:npub1fp685rwn5pecyxu7edf49g9r8630tdm440srjvjq5psmtklg56lscnfr2h remember when you said we are "promoting it" for "personal gains" and I said that was pretty ironic considering "all you guys argue about are price charts."?

Lmfao

πŸ’―πŸ˜„

Me at work.

maybe some day

if you work REALLY hard

you'll be able to make substantive and nuanced arguments!

(call them retarded)

(but nicely)

πŸ˜‚

Haha

πŸ˜…

Money supply must be transparent, transactions must be private.

Monero is missing the first. Bitcoin has both.

no

give me your best guess

how much of Bitcoin usage is non-custodial noKYC?

Kanzan, I don't give a single fuck about how other people use their bitcoin. It's their problem. Majority of bitcoin hodlers are statists that will sell/lose their sats. I couldn't care less about anyone really besides myself, my family and my friends. Bitcoin is for cypherpunks, anti-statists and freedom-maxis, everyone else who doesn't fit that description will NGMI.

its germaine to the discussion how these things are *actually used*

if 1% of "bitcoiners" actually use it in a self-sovereign way

that is the anonset you and I are hiding in.

for example

up to a certain date all my coins went through Whirlpool and were sent to cold storage.

from a Chainanal point of view

I have an anonset of other Whirlpool txs.

they know some utxos went in, were mixed and came out the other side.

thats opt-in privacy.

it's SOMETHING but relatively speaking, it's not a very large anonset.

because 99% of users do nothing.

in contrast to monero.

you see where this is going...

Bitcoin has opt-in privacy. weak opt-in privacy since there's no good tools right now.

even if you jump through all the LN hoops and do everything right

its still a tiny group of people doing that.

so no, transactions are not, in any way "private"

and there's a reason why we have a *default private* L1.

if yall were actually intellectually honest you'd stop trying to pretend like theres anything equivalent.

1% bitcoin anonset is still bigger than 100% of Monero.

no its not dude

and 1% is *extremely* generous

The irony is you actually described Monero. the supply is transparent, all mining rewards are visible. But the transactions on Monero are private.