Avatar
jon doe
c1fb9ca4d41739ce7a16303c525b7c1b4b29df6c1228f324e04d5010fc13ce9a
Replying to Avatar Dimi

🤣

Blasphemy!! 🤣

No one "owns BTC". The SEC declaring it as property is a scam. Where they get you is in the terms and cconditions and regulations of a central exchange. Selling or using BTC P2P is not and will never be illegal. If you use good privacy tactics and opsec there is no problem. The only way you can get in trouble P2P is if a FED sets you up for aiding illegal activity. To achieve thay they will have to say something like: "Thanks dude Ima take this BTC and buy drugs on the dark markets. Then they get you for aiding illegal activity not selling your BTC. There are people out there who can fuck you. But BTC "taxes" are all an illusion :)

Seriously though. The only real reason to worry about capital gains tax is if you sell large amounts on a central exchange. Think P2P and you will be fine. Use private spends in Sparrow Wallet. Stay under the radar. If you are going to think in terms of "fiat". Use cash

If you are still thinking in this way. You have already lost. None of what you are worried about actually matters if you use the tools correctly. Also stop bridging your fiat mindset and btc mindset, that will only bring you trouble.

#Bitcoin to #Fiat exchange has become a fucking corporate parking lot.

Agreed, no need ;)

I meant it looks and feels similar to Sparrow :)

White people either scrawny or obese (obviously not true) there is no middle ground. Then or now, ever. 😇

I accept the trade offs with the Start9 implementation. It is poorly maintained as well. No updates since last November. I noticed Kojira's relay is on 0.9.6 The one (very easy to get up n running) on Start9 is 0.9.0 That could have a lot to do with what I described

Sometimes whitelists on private relays randomly decide they no longer want to coopoporate with npubs on said relay and may block write access. Might be worth looking into. Nostr relay implementation on Start9 was paticularly fussy. Required daily attention to keep the private relay happy

Good if users can admit that...

Ecash is NOT:

1.) Bitcoin, it is a custodial, permissioned, private token system

2.) A layer 2 to bitcoin. It is an alternative system which uses bitcoin in it's design as a tool, but is essentially completely separate to bitcoin. It's existence is admission to bitcoin's shortcomings when it comes to scaling.

3.) The answer to everything, and though it does offer privacy, it is still custodial and permissioned. Trade-offs should be considered.

The 3 points I chose to highlight do not say Ecash is bad. But any kinda maxi can be annoying if they are unwilling to be releasitic about facts and tradeoffs. This of course applies to BTC as well :)

Not saying what others should or shouldn't do. But even with Wasabi 2.0 the flaws are known, have been known.

Not referring to their coordinators. Inherent flawed coinjoin implementation. Bad code. Address reuse, mixes with users own utxos (unintentionally). All well documented if searched.