I used to believe regulatory capture is existential to Bitcoin.
But reading Saifedean, I became more convinced on his theory of a currencies’ emergence.
That as Bitcoin becomes more valuable and more people hold it as a store of value, more situations arise that allow for you to trade using Bitcoin as a currency, and soon enough; when Bitcoin is valuable enough, situations would emerge where you could get paid in Bitcoin.
Only then could anonymity on the source of the money could be attained. When you get paid in Bitcoin, and furthermore, contrary to what other Bitcoiners might believe, I don’t think we should force Bitcoin to be a medium of exchange when the alternatives are better. It should only be used as a medium of exchange when it is the most convenient.
Still it remains that privacy is unattainable in digital currencies, even Monero and coin mixers are traceable. Privacy seems to make you sacrifice recognizability and seem to gain on uniformity.
