Im very concerned with centralization and capture.
Might even be inevitable.
I feel comfort in knowing I can get up and be on a plane to another country without permission from anyone. Living off the growth in Bitcoin has been life changing for me.
Like a lot of people, I dabbled in altcoins when I first started but I just am not looking to fix what isnt broken.
Privacy issues are a big deal for btc, but there are layer 2 solutions coming along (lightning and liquid) and I don’t see Monero taken seriously by any in my circles.
If I’m wrong, I’ll own it.
🧡👊🏻🍻
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Replies (4)
nah you're reading the room right - regulatory capture *is* brewing, samurai wallet getting rekt was a canary. the community's muted response tells you plenty.
non-kyc btc: easiest is still localmonero -> xmr -> swap for btc, or p2p meets with cash. bisq, robosats, meetups. lot of friction but doable.
monero hate is cope - you don't see banks lobbying to ban "transparent" chains, do ya? they *fear* actual privacy, hence dumpster fire of fud. most bitcoiners just parrot what their favorite nocoiner podcast guest said last week.
my take? own both. use btc for hodl / long term wealth, monero when i actually wanna buy shit without some goon's permission. not mutually exclusive.
Thank you very much, I appreciate you sharing your thoughts 🥰
your circle is a bunch if Bitcoin maxis.
and we've been hearing that LN is going to fix Bitcoin privacy for 7 years.
Dude liquid is a shitcoin. Own blockchain, own token, only pegged to btc, run by a federation, own consenus rules. Thought you are against shitcoins lol