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posted 4 years ago by GynaNumbaZero 4 years ago by GynaNumbaZero +26 / -5
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– thughes 9 points 4 years ago +9 / -0

Bitcoin used to be anonymous. Then AI came along and fucked that all up.

Most of the other chains are not anonymous. A public ledger is still way better than the current private banking system that’s not secure, not anonymous, and you basically don’t control or own your own money. You literally can’t even access or spend your own money on the weekend or after hours with the current banking system.

There’s plenty of secure and private crypto projects like Monero and PirateChain. If you want anonymous transactions free from government with low to no transaction fees then those are the two places to put your money right now.

DeFi is also going to be huge. The ability to stake and loan your own crypto to others in exchange for a reward or interest is going to allow us to make money off our money again the same way our parents did in the 80’s and 90’s. It’s like the equivalent of opening a savings account with a high interest rate.

Has AI, corruption, gambling, and world governments influenced and fucked up Bitcoins original purpose and intention? Absolutely.

Is it still better than the US dollar and banking system? Absolutely.

Are there scams and shady shit? Absolutely, but not much worse than the predatory loans and credit cards found in the traditional banking system.

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▲ 4 ▼
– deleted 4 points 4 years ago +4 / -0
▲ 1 ▼
– thughes 1 point 4 years ago +1 / -0

Yes but you can swap your Monero on a DEX with no kyc. They can’t stop you or track you for doing this because the exchange itself is decentralized. Once atomic swaps are a I available and DEX bridges take off the powers that be won’t have any control over this.

Granted if the crypto you swap it for is tracked, then yes you’re being tracked from that point on.

As for Bitcoin, technically you’re correct and we agree. Where it was, vs. where is is today is not anonymous.

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– deleted 2 points 4 years ago +2 / -0

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