Avatar
mbl
a82136fdc6b6a79652eda3c0cd778e6edc4b05047f499c68e4f0032044dbf4b2
Never give up your financial privacy, or you will lose everything Go Monero

Even assuming the Bitcoin Core blockchain will be 10 time bigger, supposing even 10 TB, well it's around $150 and we know the price will be less and less over time. You can prune it too, so this argument is not valid and it wasn't at all in reality. Satoshi said Bitcoin was able to scale on-chain, fees where never intended to be this high, but the lockdown was made for profit. You can say there L2 but it's not Bitcoin, it's another network, even worse that mean there is incentive to keep the fees high on the Bitcoin network, it's a clear conflict of interest. And even worse, people are pushed to don't get out of LN because of fees, we can expect in a near future where Bitcoin transactions will only be accepted via LN, not on-chain, say hello to enforced custodial solution... Schwab and Trudeau will be happy 🤡

Thank you, that's good

Oh fuck, big blocks where right ?

Bitcoin Cash have a blockchain 3 time smaller than Bitcoin Core, whatsoever, the cost for 1 TB is more and more less expensive, 1 TB SSD is around $50. So for $50 you can put 5 times the Bitcoin Cash blockchain or easily the Bitcoin Core blockchain, all of that in full mode, and you can probably prune it so... stop saying bullshit now thank you

If you can't self custody on a crypto because fees are crazy, these crypto is a garbage. Isn't funny to see that Bitcoin Cash blockchain is 3 time less bigger than Bitcoin Core with the 1 MB block size ? What if... big blocks where right ? 😄

Why there is no GitHub ? Is it open source ?

If Bitcoin don't go private on the base layer, Monero or something like that will flip it one day, there is no other way.

The value of a crypto currency is the use of it, if Bitcoin is not used, that mean it's a bubble, and like every bubble, it will burst one day.

It seems impossible today, but you know, Bitcoin have around 16 years, so many things happened in 16 years, and so many things will happen during the next 16 years. Maybe Bitcoin will go to 1 million, 10 millions, 100 millions... or maybe it will go back to 0. Nothing is impossible.

What we are early on is to understand the need of financial privacy, the need for an anonymous system, few understand what is really wrong with Bitcoin because they don't really understand what is really wrong with our Governments, and because of that a disaster for many is ahead, one way or another, Bitcoin will be controlled & censored, maybe with a fork, maybe with KYC on-chain, I don't know how it will happen exactly but I'm 99.99% sure something like that will come in the 10 years to come, maybe before 2030.

Bitcoin is becoming something evil, an extension of the actual corrupted system, it's moving quickly. Be really careful of what's going on and how the situation evolve, trusting Bitcoin to protect you is becoming dangerous.

You can don't like Monero and you have your reasons no problem, but saying it's useless is clearly lying, it's used when people NEED privacy, like in the DarkNet but not only, whistleblowers use it, people in oppressive regimes use it, journalist with sensitives data use it. You say that because your life is probably not at risk (I hope for you), but if it was, I think you will reconsider Monero. Check the DarkNet, they are tracked by agencies and the crypto they use is in mainly is Monero, far more than Bitcoin, maybe you should ask yourself why a project valued at 3 billions is more trusted than Bitcoin which is valued x600 more ? Come on are you serious ? Monero have a real utility, check by yourself 😉

Again, Tether is working with Governments and Banks, Did you believed Tether will go against their interest ? It's all a fucking trap of course, don't be naive, for your own safety 😉

When you see a registered company goes into Crypto, Open Source or any good thing you can imagine to build a better world with encryption and privacy bla bla bla, it's a smoke, they want to control you at the end, fed is behind all theses companies like Tether, BlockStream, Keet, MetaMask (Consensys) etc etc

Remember for MetaMask as example, many people think it's just a crypto wallet for the web browser... but...

"ConsenSys announced in November that Infura, MetaMask’s API provider, was collecting wallet and IP addresses from MetaMask’s users"

"MetaMask, the free browser extension and crypto wallet, has faced geofencing restrictions. MetaMask has blocked users from certain jurisdictions, including Venezuela, Russia, Iran, and more."

Be careful

"With Bitcoin Lightning and USDt micropayments built-in"

It smell trap again, usdt is controlled by Tether itself, LN is custodial, but there is worse of course

Keet is developed by a company, named "HOLEPUNCH"

There is page dedicated to "privacy": https://holepunch.to/privacy

Where you can read:

"When we say that we think we can process your Personal Information, it is because we considered we have a legitimate interest (for ourselves or of a third party) to do so; it is in the interest of our organization to conduct and manage our business; this includes conducting analytics to improve and optimize the Site and the services, protecting our interests and enforcing agreements with others, as well as complying with industry self-regulatory requirements. We might have legitimate interest to process Personal Information in other contexts. We ensure that we balance any potential impact on you and your rights before we process your Personal Information on that basis. You can obtain further information about how we assess our legitimate interests against any potential impact on you in respect of specific activities by contacting us. Please also consult the section “Your rights” below.

It is important that the Personal Information we collect from you is accurate and current. Please keep us informed if your Personal Information changes during your relationship with us. You can do so by lodging a customer support ticket. We will endeavor to effect those changes within a reasonable timeframe.

If you do not wish for your Personal Information to be used in the ways described within this Privacy Statement then you should not use the Site or use the services, functions, or features offered from time to time on the Site (“Services”). Where we need information from you to offer our Services or meet any of our legal or regulatory requirements, failure to provide such information will mean that you will not get access to the Services."

Ah ah ah 🤡 🖕

You want to use that honey pot ?

that's so cool 😉

Replying to Avatar BitcoinIsFuture

https://docs.cashu.space/

What is Cashu? - Just a Diffie-Hellman Key Exchange

Cashu is an ecash protocol that is integrated with the Bitcoin protocol. An Ecash system consists of two parts, the mint and the Ecash wallet. Anyone can run a mint for their application, be it a wallet, a web paywall, paid streaming services, or a voucher and rewards system for a super market. Ecash transactions between users or from the user to a service provider respect the user's privacy. A mint does not store a database of user accounts and their activity which protects users of an Ecash system from leaks their private data to hackers and can provide stronger censorship resistant than classical payment systems.

Do you need Bitcoin to use cashu ?

Oh you have seen the future ? Should I call you a prophet or something like that ? Did you talk with the God Bitcoin ? Let me know let me know 😎

How is your Bitcoin Bank sir Saylor ? 🖕