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Ape Mithrandir
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Bitcoin | Bisq | Sparrow | Self-Hosting | https://github.com/apemithrandir/self-hosting-guide

As you watch the Bitcoin Price Moon and enjoy your Sats in self-custody, spare a thought for Samourai and TDev, still awaiting trial.

Once the US Gov takes down self-custodial privacy tools, they will come for self-custody in general.

Get your donation to P2P Rights Samourai Legal Defense Matched by Anon BWEST.

Navigate to: https://p2prights.org/donate.html

Enter BWEST in any field on the form.

Allocate 100% to Samourai Wallet legal defense.

https://fountain.fm/episode/PFKqS9ScuI2inH7NpSfP

nostr:nevent1qvzqqqpxquqzp5hp2zkg55jteqa5taurh3ktg3w9ffdem23l3jgz7kahslqe6gdv0enxvj

Connecting with peers at meetups and building a social network for peer to peer transactions is best.

But bank transfers that are independent of your Bitcoin purchases are still vastly better than KYC'ing yourself on an exchange.

As you watch the Bitcoin Price Moon and enjoy your Sats in self-custody, spare a thought for Samourai and TDev, still awaiting trial.

Once the US Gov takes down self-custodial privacy tools, they will come for self-custody in general.

Get your donation to P2P Rights Samourai Legal Defense Matched by Anon BWEST.

Source: https://xcancel.com/BitcoinBRS/status/1857351155535265828

Navigate to: https://p2prights.org/donate.html

Enter BWEST in any field on the form.

Allocate 100% to Samourai Wallet legal defense.

Genuine, non-hater discussion topic incoming.

Bitcoiners like to say that Bitcoin is fully uncensorable, that governments can't fully take it down. The problem I see is that even though the *technology* can't be taken down, the means by which people can enter into using said technology can easily be cut off, and not just via KYC. While there's still the peer-to-peer aspect, that also could easily be targeted through surveillance, and unless people start to become fully anonymous (not realistic for most), that's not something you can stop.

On top of that fact, there's a lot of KYCed Bitcoin out there, and the problem with that is that if it's KYCed, it makes it pretty trivial for governments to surveil wallet addresses and transactions.

In this way, wouldn't it be wiser to use a privacy coin if you're okay with KYC? Also, if the legal system ever decides to make it virtually impossible to obtain Bitcoin and you're going to go the route of "privately" obtaining it, then you're not going to get very far if they can surveil all of that information.

To reiterate, I'm not a hater, not by a long shot. Aside from my personal issues with KYC keeping me from buying, I believe in the technology, and I think it's got some serious potential to be the basis for economic change. I'm also not specifically a Monero guy, even though I think that it has some MAJOR benefits. But the problem with Bitcoin's lack of privacy, as well as the fact that KYC is virtually unavoidable, make it hard for me to believe in the maxi opinion that Bitcoin is completely unstoppable. Again, I do agree that the technology itself can't be shut down, but if you can't legally obtain it and you can't truly obtain it privately, then I don't see how it's unstoppable.

Just some thoughts I had. I'm genuinely curious what some of you guys think about this subject.

#asknostr #Bitcoin #privacy #Monero

Every pleb should use P2P. Plenty of liquidity for the low income stacker.

#DontRiskItBisqIt #Robosats

All of the American KYC BTC will end up in the Federal Reserve. Self-custody will be outlawed. Everyone will use rehypothecated paper bitcoin and be happy.

Fiat will exist on a BiTcOin StAnDArD.