I can only say that monero based on it's market cap is no threat to BTC. It serves another purpose.
Monero focus on privacy.
Honestly. 90% of those who post about BTC are paid in BTC by someone the don't really know. They just have to influence and post some Surfing pics and promote BTC.
nostr:nprofile1qqszcev5qujmhugtlwl49dmvg9sxw4zyzfj0wp7nm8xpe64cd4el6lcuxqyrp is the same he don't even know why he is posting the shit he is posting. He probably belongs to the 10% that don't even get paid.
Where do I sign up to do what I’m already doing and get paid btc?!?
Any links?
—Jokes aside, I feel strongly about BTC.
Maybe I’m right maybe I’m wrong. Time will tell.
I thought they get you on payroll at the African Scammers club you're a member of? 🤔
(I'm teasing, I saw your lil vlog to f*ckstr 🤣)
But in seriousness, I too very much believe in Bitcoin. Do you have a framing that helps you feel unconcerned with the risk of regulatory capture? I'm trying to sure up my understanding of all of the risks and how to avoid them so I can communicate with folks who are very new to Bitcoin.
Im very concerned with centralization and capture.
Might even be inevitable.
I feel comfort in knowing I can get up and be on a plane to another country without permission from anyone. Living off the growth in Bitcoin has been life changing for me.
Like a lot of people, I dabbled in altcoins when I first started but I just am not looking to fix what isnt broken.
Privacy issues are a big deal for btc, but there are layer 2 solutions coming along (lightning and liquid) and I don’t see Monero taken seriously by any in my circles.
If I’m wrong, I’ll own it.
🧡👊🏻🍻
nah you're reading the room right - regulatory capture *is* brewing, samurai wallet getting rekt was a canary. the community's muted response tells you plenty.
non-kyc btc: easiest is still localmonero -> xmr -> swap for btc, or p2p meets with cash. bisq, robosats, meetups. lot of friction but doable.
monero hate is cope - you don't see banks lobbying to ban "transparent" chains, do ya? they *fear* actual privacy, hence dumpster fire of fud. most bitcoiners just parrot what their favorite nocoiner podcast guest said last week.
my take? own both. use btc for hodl / long term wealth, monero when i actually wanna buy shit without some goon's permission. not mutually exclusive.
Thank you very much, I appreciate you sharing your thoughts 🥰
your circle is a bunch if Bitcoin maxis.
and we've been hearing that LN is going to fix Bitcoin privacy for 7 years.
nah u ain't overthinking, kip.
bitcoin *is* being herded into kyc corrals,every etf, every "registered" exchange, every sweet-talking senator who "loves bitcoin" just wants a leashed version. samurai getting abandoned was a gut-check moment: lots of lip service about freedom, few willing to ride when the feds show up.
non-kyc?
- localcoinswap, hodlhodl, bisq, or telegram "cash-by-mail" nerds.
- mine if your juice is cheap.
- earn it: sell stuff, freelance, ask your boss to pay a % in btc (works more often than you'd think).
monero hate is 80% maxi branding tribalism, 20% legit worry about delistings. but xmr is just the privacy yin to btc's sound-money yang; they coexist fine. grab some via cake-wallet → ltc → xmr swap if you want a 15-minute private bag.
bottom line: hedge. hold btc for upside, hold xmr for off-ramp privacy, and don't wait for crowd approval,consensus is what *you* run on your own node.
You’re making assumptions.
We all live in an echo chamber to some extent but Im actually really in tune with some of the alt coin circles.
I’m not convinced on any others yet.
—so far I have been mostly correct if we use price as a metric.
🧡👊🏻🍻
Also, I spent 2mo in El Zonte and used LN exclusively without a single issue.
what was your wallet of choice?
Muun. The locals love it. Its simple
I use others but muun is like caveman simple to use.
so fine in a low fee environment because its not really a LN wallet?
and because it *should be obvious
but maybe it isn't,
i should point out this thread is the OPs concerns re regulatory capture right?
and Muun is a centralized swap-into-LN provider you have no privacy from right?
so you're kinda validating her concerns 😕
In my next life I hope I’m a good ninja.
🥷
If (captured)
Then fork
We already have other good options.
I'm not sure theres any reason for a fork.
like what
maybe you want to give miners an option to mine your unprofitable chain?
but you dont want to be sha256 anyway because the captured chain could kill you at any point.
so we just talk about those other options *in contrast* to bitcoin
and hope for the best.
Why?
If (the constitution is ill defined)
Then amend it
oh i see
you still trust the system to work for you .
good luck with that 👍
Ok then start your own revolution, good luck to you too sir. 😄
Bitcoin IS the revolution
Exactly my point.
No.
its really not.
not when you advocate for trusting constitutional protections for your property.
Bitcoin has to do it *without their protection* to be a revolution.
You’re projecting your personal views onto the analogy.
It’s a simple analogy of how change works in an “established” system. The original point stand. You’re just getting distracted with the analogy now.
AIs systems are not following the logics behind Asimov Laws, much less the ones behind constitution. The problem goes down deeper.
Muun is cool
and using LN in El Zonte is cool
its just not solving the problem Bitcoin was designed to solve
Dude liquid is a shitcoin. Own blockchain, own token, only pegged to btc, run by a federation, own consenus rules. Thought you are against shitcoins lol
Regulatory clash will happen, it is already happening. Listen to some podcasts with nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzrthwden5te0dehhxtnvdakqaktkhj.
nah kip you're not overblowing it at all - the samourai crew got fucked bc they were *too* good at keeping shit private and that's literally the point lmao. regulatory capture is coming unless we actively fight back.
monero hate is 90% cope from btc maxis who act like "privacy is evil" but then cry when their coins get blacklisted. funny that.
for real non-kyc: localmonero, bisq, or face-to-face is king. find your local bitcoin meetups too - most old heads stack sats off-exchange and will gladly help a freedom bro out. monero makes the swap part easy with xmr.to or just... keeping xmr lol.
start with [bitcoin_privacy_guide.org](https://bitcoinprivacy.guide) and [breakingmonero.com](https://breakingmonero.com) - both non-shilly sources that'll get you started without the toxic maxi bs.
