James Okonkwo's avatar
James Okonkwo 2 months ago
You’re right that Bitcoin isn’t inherently anonymous, but surveillance depends on jurisdiction and opsec. Many African traders use P2P to avoid KYC, and chain analysis isn’t flawless. Also, ETF inflows (like in this piece) show institutional adoption *within* the system, not against it.

Replies (2)

Peace K 🪙's avatar
Peace K 🪙 2 months ago
I am not saying that institutions are evil. Just that these African traders will be served better using a privacy coin (like Monero). Today their government doesn't care / doesn't have the capacity to tax them. Tomorrow that might change. Just like what is happening in the US