Nostr Web Client

XMR people are inherently pessimistic. they assume the KYC regime will continue. they are like goldbugs where their solution is only needed if govt power grows or the power goes off.

Meanwhile, Bitcoin is a positive force and reduces govt power by making transactions uncensorable. And as fiat fails, govts have fewer resources to enforce control. There is where KYC dies.

If the XMR folks want to fight with privacy coin more power to them, but they will be nowhere when fiat/KYC dies and their coin has no use case.

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twofish 10mo ago

There is a Privacy vs Parrhesia tradeoff. Nothing is perfect. A tool is a tool.

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Discussion

William ₿ Travis 10mo ago

for sure. any transaction is an expression of wants (public speech).

I am arguing that the govt can collecting data is irrelevant to the question of whether they are resourced to do anything about it.

as fiat dies they are defunded to the point where it could become too expensive to even hold the data.

twofish 10mo ago

It's a scaling issue on both sides between Privacy and Parrhesia. There will always be a tradeoff. Nobody wants to walk around naked.