very impressed, does running a S19 get you laid?
There is a difference between calling somebody a MEGA IDIOT and saying the behaviour is MEGA IDIOTIC. You may take a week off and reflect on that, maybe you understand the difference.
After that, i am happy to hear from you how it is not idiotic to save ones wealth on a public ledger?
If the government knows how much everyone has, they are going to want it and after that, take it. You can be sure about that.
If there is a leak or a hack of a major exchange and its KYC data, every criminal in the country can figure out how much people hold and visit them with a $5 wrench.
Imagine the outcry if the government would mandate everybody has to store his wealth on a publicly visible bank account. Why? Because everybody would realize how retarded that is and how easy we make it for the government to create a tyranny.
But as long as we call it "freedom money", that is a great idea?
And i did not even start about the implications of non fungibility. It will lead to a situation where we chain analyze each other, even in p2p transactions because nobody wants to buy tainted coins which cause problems later.
No shit, many of them sell you tainted coins from darknet markets where you will have fun with later due to chain analysis.
Have fun staying mediocre.
I dont trust the government - thats why i store my wealth on a public, transparent ledger so the government knows how much everyone has...
Riding BTC to $100k, dumping it on the banksters and then converting $ to XMR for less than $200 a coin, using that as money - would be a pretty epic move.
Storing our wealth on a public blockchain for the government to see how much everybody has is a MEGA IDIOTIC IDEA.
Give the surveillance coin to Saylor and Blackrock and join the cool kids.
seeing your limited mental capacity, i understand why you also believe "nodes run the show"
almost everyone who is into monero was into bitcoin for a long time and moved on because it does not provide privacy and does not work as money
if btc is used as a store of value instead of a medium of exchange, the effect on government currencies is the same.
why should it bring death to government currencies when we do not use it as a currency? as a store of value, it is like gold - did not harm the government currencies in any way.
current generation of bitcoiners has a hard time to understand basic concepts.
"the best money available" with no privacy and no fungibility, 7 transactions per second.
buy yourself a brain and stop repeating lines from stupid people.
And the government knows exactly how much you hold and with whom you transact.
And it will only use this data against you.
How can people still believe that in 2025?
The reason why BTC is allowed to exist, even in high inflation authoritarian states like Turkey is because it provides no privacy ( unlike a Swiss bank account )
Like those great Swiss bank accounts where every transaction and the account balance is publicly visible...
Ken, it is a fully transparent, public blockchain. Everybody on the planet can see each transaction as well as any address balance.
Including yours.
The government knows your addresses anyway, the criminals will know it when KYC data gets leaked or hacked. Also wallet providers of custodial lightning wallets know your addresses.
Does this sound like a swiss bank account to you?
Saying BTC is better than a Swiss bank account is like saying a tofu schnitzel with mrna sauce is better than a grass fed ribeye.
People like you are the reason why OGs sell their BTC for XMR, seriously.
I really do not care what the suckers think who store their wealth on a public ledger, ready for the state to come and take it.