Wow! The truth about Bitcoin sovereignty:
“We like to talk about it as this sovereign money but it’s only that if the governement doesn’t know that you own it. The core problem is that they know which doors to knock on. Guess what happens if governments decide to restrict ownership, they definitely have the ability to do that. As long as we rely on giving our ID to purchase bitcoin and specially as long as we can’t actually use our Bitcoin to buy goods and services, if it’s difficult to use it to get things we actually need to survive, that actual self-sovereignty is very limited because we have to go back to fiat, back to the government to essentially ask permission to use our Bitcoin the way that we want.”
That’s the thing that bitcoin worshipers refuse to understand, the problem with Bitcoin is privacy, one of the original cypherpunks openly went to pitch it to the CIA for godsake!
Monero fixes that problem.
#asknostr #bitcoin #prague #bitcoinprague #privacy #GM GM
