Hope you are wrong, but you're probably right.
Totalitarian globohomo statists don't want the plebs having financial privacy.
That is only for them, to launder B's in Ukraine and such.
Motherfuckers.
We'll cypherdildo them!
They can go fuck themselves.
The day we truly unite and say enough is enough, they'll get what they deserve.
As far as I am concerned, the constant push towards more mass surveillance is a crime against humanity.
Enough of us need to see this, and unite behind this fact.
The day we do that, is the beginning of the end for the control paranoid bullies.
We all just spiritual beings who have mostly forgotten that, with a meat suit, and identified with an ego most take to be the totality of being.
Curses!
Our plot, discovered!
BREAKING: zkSNACKs Coordinator is Now Blocking US Residents and Citizens
"In light of recent announcements by U.S. authorities, zkSNACKs is now strictly prohibiting U.S. users from using its services. An IP address blocking for U.S. residents is effective on wasabiwallet.io, api.wasabiwallet.io and zksnacks.com."
https://www.nobsbitcoin.com/zksnacks-is-now-blocking-u-s-residents-and-citizens/
The veil has been lifted.
So literally all fine if ngu.. right.
This attitude is part of the problem. People have been sleepwalking on privacy and generally in denial for a very long time now.
Another big lesson is that any bitcoin "privacy" service that is centralized in any way eventually ends up like this.
Personally I don't think that Monero's technically infinite supply is the issue when it comes to it not being as good a store of value as BTC, since 1) it is known that the supply will grow (not fraudulent/scammy like central bank monies) and 2) the increase is so small spread over so long that for practical purposes, for the user of the currency, it's the same as having a fixed supply.
The biggest differentiator (imo) is that Bitcoin was the genesis of the crypto space, and this will never change. It's like the face of the whole brand, and inside that it's its own unique brand.
I don't think that will ever change, and indeed I am banking on it. Which is why my savings are in BTC, not XMR.
What does bother me is how many otherwise rational people dismiss XMR outright just because it's not BTC!
In the long fight for more freedom, there is more than one tool.
I think I am right when I say that most of us who use Monero, do just that - using it - as a currency.
As you pointed out, it has never proved itself to be a store of value, but that's ok too, provided that there are trustless ways in and out of Monero from Bitcoin.
Monero is for spending, Bitcoin for hodling and savings (and yes, I know, Lightning and all that, but I don't see big-amount transfers being possible on Lightning anytime soon)
But it does matter.
I 100% agree with you that the best is there being no record at all, but failing that, with Bitcoin the exchange/bank/regulated institution will bother you for mixing coins after withdrawing, for example - all due to onchain Bitcoin piss-poor privacy, which does not do any freedom lovers any favors.
While with Monero, all they know and will ever know (unless something massive goes wrong with the privacy and anonymity protections that Monero employs), is that you got some, and then you withdrew some.
Still not as good as there not being a record at all, but at least the fact that there is a record doesn't condemn you to eternal surveillance and blocking of the KYC account if you ever do something the Masters don't approve of.
I guess for people who just use crypto as ngu tech this doesn't matter much, they will not mind being fully traceable and really only want the increased spending power.. but for those of us who want true financial autonomy and spending crypto peer to peer.. the surveillance stemming from the lack of priv/anon is a real issue.
KYC Monero is.. Monero.
Really wish Bitcoin had taken privacy more seriously!
Then again it would've likely become a MUCH bigger target earlier on if it was fully private and anonymous.
But don't kid yourselves. If there is a way, the leeches will suck you dry.
#bitcoin #monero
Being free of spyware is a pain in the ass?...
