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i trust myself to use #btc privately but it's not easy, everything must be done just right. most people buy kyc coin from exchanges, use it on-chain in a non-private way and shoot themselves in the foot, exposing themselves and their finances on a permanent record (the blockchain).

bitcoin is awesome but the way most people use it is not "freedom money" or "private". it needs a 2nd layer to be more fungible and private.

tbh it's disturbing how many people hear these buzzwords and get into bitcoin in a non-privacy preserving way. they have no idea how much chain analysis heuristics can reveal about you and your finances.

fiat would would not only be more private, but less dangerous the way most people use #btc.

monero on the other hand is privacy at a protocol level. you get the same privacy guarantees no matter which wallet you use. i recommend most people use monero.

i love bitcoin, and i highly encourage people to study it and learn how to stack it and use it in a private way, but the truth is, it's a privacy nightmare by default.

just ask the canadian "freedom convoy".

#cybersecgirl #privacytechpro #bitcoin #monero #privacy

Insignificância 1y ago

Hi, Ava! Bitcoin with KYC has its value too.

How would you buy tax residency or citizenship or a sovereign territory with money without origin? What state would accept that?

As for taxation, I don't know how this issue works in other countries, so forgive me if I'm wrong. At least here in Brazil, they only tax the income obtained from the purchase and sale of BTC. Therefore, if you commit to not turning your real money into slave money; there is no way they can steal from you.

I understand that there is also the issue of the possibility of governments acting like Nigeria. "THE HYPERINFLATION IS THE BITCOINERS' FAULT. IF ANYONE KNOWS ANYONE, LET THEM HAND THEM OVER!!!". In this case, you can say that you lost your keys until you leave the country. I intend to do that.

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