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Chuck Langstrumpf
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Pura Vida!

Michael Saylor is a Clown.

That's the note.

global savings account is super cool, but only if it gives us more freedom. If it can be controlled by the ones who control us - we do not win much

The most interesting issue is privacy on chain. If BCH would provide onchain privacy like Monero, i would dump my BTC on Wallstreet and never look back.

GM is Twitter, Pura Vida is Nostr.

Just had a stop over in Istanbul - the whole Airport is plastered with BTCTurk advertisement. It is everywhere. On all gangways, at every gate in the Terminal. It makes me think why nobody in the government gives a damn in a country with extreme inflation since years. Obviously, BTC is not a problem for the people in power.

The state is not afraid of one more asset like gold, they can integrate it in the financial system they control. Especially not one without any privacy. The state is afraid of us not using their money anymore.

ETFs are third parties. Custodial wallets are third parties. Mints are third parties too. Most people who use lightning use it with custodial wallets, which makes it easy to control that as well. Self hosted lightning is a pain in the ass, still.

There is a reason why they want to outlaw Monero and let Bitcoin be / integrate it in their system and just KYC the shit out of it.

i would agree generally but it was created as a p2p payment system, now it is becoming dominated by third parties which will control what you can do with your coins. Also fees will increase a lot over time, $1 is a very cheap opportunity.