What's to debate?
You're the one with his knickers in a twist throwing personal insults, cursing like a crazed 6yr old.
You were late to the party and think bitcoin is private. I get you're salty but there is no I'll feeling here friend. You do you and I'll continue on my path of rational optimism for bitcoin and monero surviving and living harmonious in a two coin future.
Adios from Ibiza.
Those that meaningfully contribute to the bitcoin space know the benefits.
And another one today from lead Glassnode analyst @checkmatey_
"Researched bitcoin for 5 years before I grew some balls and bought"
- ShiShi21m
Another classic statement from ShiShi that's destined for the hall of fame.
While you were scratching your arse I was busy buying shrooms on Silk Road for 80btc a gram and getting scammed by FE vendors on Agora 🤣
Bitcoin belonged to the risk takers before the upper class intelligista entered the market. Glad you hate #monero, please please take longer than 5 years to grok it.
"#2 I'm happy people who cheated their way to riches (see above) get absolutely fucked, this is why I want a public ledger"
^ your words mate.
🤡🌍
Ok NGU bro. You follow Saylor too most likely.
Just to confirm to any Bitcoiner that reads this in the future, your previous statements on "criminals" mean you believing Ross should remain in prison for his double life sentence for his "crimes"? You hate criminals in bitcoin right?
"Bitcoin has great privacy"
What the fuck have you been smoking son?
Can't work out if you are class of 21 or 22? The most recent converts to bitcoin are usually the most zealot.
#1 this isn't wholely true - to obtain Monero in large amounts you have an insanely challenging problem & will probably leave a trail behind for capture, this is why the mining protocol sucks & they should've stuck with ASICs:
#2 I'm happy people who cheated their way to riches (see above) get absolutely fucked, this is why I want a public ledger - so we can audit - not recreate the black box fiat system for crooked leaders to abuse.
Here's another example of Monero use case due to ASIC forking, it wasn't a good idea, but the real use case of Monero is stealing of resources (direct & indirect):
https://www.yahoo.com/entertainment/japanese-police-arrest-16-individuals-123213014.html
#3 Liquidity is a real issue for spending Monero, & so is liquidity on BISQ, Robosats, & basically all methods of acquiring Monero (see first link above).
This leads to real users obtaining privacy, meanwhile not giving thiefs & other criminals an easy way out to dominate the network's usage.
Imho this is a feature not a bug.
#4 Monero can have privacy leaks we are not aware of, & we can not be sure about the future. That's why hard forks are consistently executed. This is known in privacy tech & why people usually still protect themselves by using public computers:
https://crypto.news/monero-privacy-bug-decreased-anonymity-for-3-years/
I'd push back on most of your points.. There is so much liquidity on the streets for XMR (and BTC) for cash trades. Going through Bisq or similar platforms isn't required. You just need to be in the right network. Your article doesn't say how the criminal was identified. I'd bet the farm is wasn't from any Monero transaction heuristics.
So you're happy to participate in a global financial network that has an open and transparent ledger for auditing purposes. I get that for a store of vlaue as long as you are a happy taxpayer and like funding the corrupt old establishent. That's fine and maybe when the government knock your door and ask for your bitcoin keys that they've linked to your real life indentity so they can issue you your freshly printed paper BlackRock vouchers as a replacement then great 🤟 I understand this is the price you are willing to pay for NGU and keeping bad guys off the street. And when you shout "but I've done nothing wrong, you can't do this" then remember this is the future you asked for.
Without privacy there is no freedom.
Constant hardforks in Monero is old news. Sethforprivacy dubunked this years ago.
When I read posts like yours I genuinely lose hope of bitcoin ever changing the world. It'll create a new generation of wealthy taxpayers who will bend the knee and kiss the ring at the very most. Monero users on the other hand I've always found are willing to give the noble class the middle finger regardless of its price.
I wish you good luck but we are cut from a much different cloth.
True you don't need to accumulate monero to make use of its unique properties, merely pass through it as a medium of exchange. Of course this is if you assume that bitcoin is the only pristine store of value and nothing in our crystal ball will indicate otherwise.
imo there are a number of ways that bitcoin can be captured at the state level or the corporate level. If that plays out then monero is my realistic alternative. The percentage of my Monero stack using bitcoin as my unit of account is so small, this insurance policy is an easy one to maintain. I hold 1:1 ratio of BTC:XMR and could in all honesty ride XMR down to zero. But if (and it's a small if) bitcoin PubCo miners get pressured by nation states or BlackRock et all fuck up the NGU party then I believe it'll be sats well spent.
I think where I differ from most is that I don't believe that Bitcoin is going to change the world. It'll create a new class of very wealthy tax payers at best.
I've been transacting between BTC, XMR and CASH most weeks for years and there has never been a shortage of buyers and sellers at my required liquidity levels. For me, XMR has never skipped a beat in terms of settlement, low fees and privacy.
If I wasn't exploring Barcelona with my youngest Jedi son then I'd be locked in.
Will tune in from Ibiza tomorrow for the rerun
Odell and Bent on fire lately 🔥
You'd be surprised at just how much nonKYC liquidity is available for cash trades (both directions) on the streets in the UK. Really can't see that drying up as the markup is too good for traders to retire.
Number of people tracked IRL from their online #bitcoin transactions and then charged, undergone asset seizure and in some cases imprisoned: 100's
Number of people tracked IRL from their online #monero transactions and then charged, undergone asset seizure and in some cases imprisoned: 0.
Even hardcore OGs like nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx would agree that if you really need privacy in your financial transactions and your liberty in on table, XMR might be a better option for Bitcoiners.
Maybe the future will give us better options for bitcoin privacy but in 2023 it's lacking considerably.
Sometimes "EASY" isn't the key to freedom.
Peanuts for Jump but Ordinals craze is waiting to go viral once the real bull run starts. They see it.
Don't underestimate the resources of CZ. A clear case of the market can stay irrational (or in this case corrupt) longer than you can stay solvent.
We can see how this is going to end.
For those that use this service... You are the yield.
Keep away from The Vicar of Dibley
...with his keys memorised.
"Money that transcends time" was the goal.
A good book on the early pioneers of bitcoin and the whole cryopreserving industry is Digital Money
https://press.princeton.edu/books/paperback/9780691209166/digital-cash
The cover artwork is beautiful btw.
Petition to make this the official song of the next #Bitcoin bull run:
“In The Air Tonight” by Phil Collins https://nostr.build/av/55ec385c6c07ba68076acde3b34998b704ebe810e4708e41efa8f582e189fad4.mov
The story behind this song... Intense...
Easily seized imo 😂
Stick them under the mattress. Grandma style.
Constant rugs is the price some have to pay.
#burntmyhandtwice
Well that wasn't expected was it?
The new #Paypal #USD #stablecoin has an "assetProtection" role which can wipe your balance in two transactions (first `freeze`, then `wipeFrozenAddress`)
In smart contract security we call this a "centralisation attack vector"
Source: pashovkrum