What tell you there is bots here ?
Nodes on, Nodes on
#Monero
Hey Binance, FED, ECB, WEF, Trudeau and co... π πΊ πͺ© #Monero
https://audio.nostr.build/14b8c136ad4edb27ae2166d01add33195e7828384e21ecec968d89abea398d56.mp3
I understand what you are saying, but having a lot of money on a place where it can be robbed by bank or government is not safe, it's not sovereign because you don't have control on it. It's an illusion, and you are in golden cage. They can kick you out as will.
sovereignty doesn't mean having a lot of money.
Sovereignty means you are the captain about yourself, you and only decide for yourself. You can have 1 millions dollars without sovereignty but 1 dollars with sovereignty, it's about control.
Like it will happen in Denmark by 2026, there will be unrealized capital gain tax, that means if you have KYC bitcoin and they know your actual profit, you will be taxed on it. You will probably be forced to sell some bitcoin so, resulting in a loss of sovereignty. You are fucked because it's linked to you. These taxation will probably become the norm in all countries over time.
Having precious metals or Monero is fine because it's not traceable, you can spend it without tax and you can say you lost them too, you know the boating accident ^^
Privacy can save your life, deal with it.
Btw, you said I am a clown ? Are you serious ? I mean, you just said Bitcoin is not about privacy, but there is a whole chapter "Privacy" on the Bitcoin whitepaper... π€‘
I understood Bitcoin around 10 years ago, and it's why I'm in Monero now π
I don't care about NGU, because for me Bitcoin is a tool, and Monero is just a better tool. That's it, nothing else. You know what, I lost them ^^
Honestly, I see value in utility, I don't see Bitcoin to be useful, I remember 10 years ago yeah on the DarkNet people accepted Bitcoin (there was no altcoin or close to be) and it was cool, but now they accept Monero, I mean it's not something I can't ignore, privacy should not be an option, it's very important, how do you want to have freedom and free speech without financial privacy ?
You are far to understand what I'm saying so, I'm not shitting on Bitcoin, I'm warning Bitcoiners that something terrible is coming for them.
Scarcity is absolutely not the innovation, the innovation of Bitcoin was a functional transactional system, decentralized, out of the banking system, by the people for the people. If Monero creators dropped the capped supply it's because it's leading to a disaster, price or fees NEED to rise for maintaining mining profitability and so the network security, it's a long term issue which is leading to even more mining centralization because of halving, and because of that, it's eroding the decentralization and the censorship resistance force over time, it will probably end in a captured compliance network, and there is pretty nothing that will be able to stop that dynamic.
And that's an honest view, thank you π
I don't attack Bitcoin itself, I like Bitcoin, most precisely I liked it 10 years ago, and I don't value NGU on a tool created for freedom rather than HODL scheme, Bitcoin was to be used, not held. That's a mess. It's not digital gold and can't be, never.
I don't want to use private L2 if the L1 is not private, this is a non sense, your entry point is compromised.
Btw, when you say to someone: You are a shitcoiner and having fun staying poor... what reaction do you expect ?
Thanks take care too π
Me too, I hope a real debate, but there is not, I push arguments for Monero and wait for counter arguments, it's how we can progress together. Arguments of Bitcoiners are NGU, Monero is a shitcoin (because it's not Bitcoin) and Monero supply can't be checked (same for Bitcoin in fact, but we both trust the code)
Saying Bitcoin was never about privacy is a good joke thank you ^^
Bitcoins open-ledger is a feature that introduced traceability and will introduce censorship and unrealized gain tax π€‘