Replying to Avatar tuco

nostr:npub1yn3hc8jmpj963h0zw49ullrrkkefn7qxf78mj29u7v2mn3yktuasx3mzt0 : Why lightning?

nostr:npub1lxktpvp5cnq3wl5ctu2x88e30mc0ahh8v47qvzc5dmneqqjrzlkqpm5xlc : Because we want to replace all fiat with Bitcoin, and if Bitcoin doesn’t circulate, then it’s worthless. What are you gonna use? Are you gonna get your Bitcoin back in a bank and get a token, another fiat currency? No! We don’t want that. We want to create circular Bitcoin economies, where you produce something, and I pay you in Bitcoin… and use Bitcoin in an almost closed circle.

Because if you keep your Bitcoin in a hardware wallet and don’t do anything with it, just waiting for it to explode someday or whatever, this ain’t going nowhere. They’re even going to create more central bank currencies, tokens, shitcoins, stablecoins, and all that crap.

It needs to be said once and for all: we need to cut this nonsense and start using Bitcoin as money!

https://youtu.be/qirO9vvrLsQ

i completely agree but it is like fucking for virginity.

BTC does not work as money. they did everything to make it not work as money and sell it as a store of value.

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And paradoxically monero could be considered a better store of value because of its fungibility.

Not only that. Who wants a store of value where anyone can see your balance and transactions?

Bitcoiners just live in the illusion that nobody knows their addresses.

If France should really bring taxes on unrealized BTC gains, we will see the BTC world wake up that the state knows how much everybody has and there is no escape on a public ledger.

Most people are just too myopic to see it coming.

What got me lately was the fungibility definitely related with the privacy. One can get certain levels of anonymity on #bitcoin, avoiding #KYC and riding the #lightning but it’s really scary ending with who knows what kind of tainted btc and then having to explain it when you have no KYC. On the best of the cases you might get confiscated, not cool for a store of value

not at all and it is already happening. as most bitcoiners just hodl, they never experienced it