Using Bitcoin is just as bad as using a credit card at this point.
**Edward Snowden said it well during his keynote speech at Bitcoin 24':**
"Bitcoin transactions are not private. All of you know this in the general sense because it's 2024, not back in 2013 when we were saying, 'Oh, Bitcoin is perfectly anonymous, and it's money for criminals and whatever.' The only person who still believes that is Elizabeth Warren.
The reality is that Bitcoin transactions are permanent, public, trackable, and linkable.
An enormous proportion of them are fully doxxed, just not publicly doxxed. And this is because of how people move it on and off the Bitcoin network, or any crypto chain really, and it's through the on and off ramps, right? — through these legacy exchanges that get licensed by whatever, you know, New York State or whatever country, whether it's in Dubai, whether it's in New York.
And they are sharing the information en masse with what we politely refer to as regulators, but what are plainly described as great powers."
**Stack sats. Use Monero.**
Find out more at:
https://libereco.xyz/resources/
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Discussion
Well, at least to date they won't charge you huge and increasing interest. Only highly variable transactions fees.
In all fairness, using Bitcoin actually might be worse than using a credit card. With using a credit card, at least the only people who know about the payment is the banks where if you get docked on Bitcoin, everybody knows every transaction you've ever made.