Replying to Avatar Fiat Shenanigans 🤡🌎

After all these years, I'm still on the fence as to whether Bitcoin's transparency is flaw or feature.

It's a privacy concern for some users.

On the other hand, imagine your government on a Bitcoin standard, where all of their spending could be independently audited at any time. US DoD wouldn't have $2 trillion unaccounted for. 🤷

The Bitcoin chain is an honest accounting of transactions, for better or worse.

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sperry 2y ago

"We have a great advantage because the natural balance of the system is one in which individuals can have privacy, but the powerful cannot have secrecy anymore. Bitcoin is one of the first steps in that."

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