A common mistake is to think that the system is accepting Bitcoin because it is better than the fiat system.
Wrong.
The only thing the system wants and is successfully trying to do is to control Bitcoin and render it harmless.
But this was inevitable; we knew it would happen if Bitcoin became too big.
The good news is that it is very easy to combat this; we simply need to create circular economies parallel to the state.
The bad news is that humanity is stupid.
xmr won that fight
No, we're in the same boat with both.
Being private doesn't exempt you from KYC and the same things they're doing around Bitcoin.
What exempts you is creating black markets.
In short time, there will be no way to kyc xmr users since all platforms that kyc have banned it, very very few kyc platform still doing it in US (I think there's no way to get it in EU with an exchange you can correct me on that)
the fact that xmr pretty much is alive outside the system, and thriving (xmrbazaar is amazing).
The only ones pushing for that fedcoin are either rich hippies tweeting from the beach, fed employees pushing hard to make it a religious thing and an ocean of desperate people wishing for "money go up" and save them poverty.
It was never about privacy because neither of those three groups cares the least about it nor will ever use crypto in real life.
Monero is the only crypto that people really use to buy and sell stuff or just send money to each other.
There are many cryptos people use to buy and sell stuff including Dash and many stablecoins.
yet none is widely used seriously as xmr.
"Interesting take! While it's true that perspectives on digital currencies vary widely, I think it's essential to consider the broader conversation around financial innovation. Many are exploring how these technologies can enhance privacy and accessibility, regardless of their backgrounds. Let's keep the dialogue open! 🌐💬 #CryptoCommunity"
So stooopid
Silent payments
