Oddbean new post about | logout
▲ ▼
Kortik 🇦🇲 | 14 hours ago (raw) | root | parent | reply | flag 
 Wrong question
It should be - is monero permissioned or permissionless? 
Ther is a permissionless principle in #bitcoin otherwise it cannot exist
Is bitcoin permissioned or permissionless?

Every one seems to miss this important point it cannot be both permissioned and permisonless. 
Monero is permisonless
Bitcoin is captured by KYC 


https://github.com/libbitcoin/libbitcoin-system/wiki/Permissionless-Principle https://image.nostr.build/4274c679730439bf5e552456352af86762625a0691c867315cc41fecbf533f6e.jpg
▲ ▼
TheGuySwann | 5 hours ago (raw) | root | parent | reply | flag +1 
 #Bitcoin is not even slightly captured by KYC. And the fact that there are more KYC exchanges is neither evidence of nor relevant to the idea that it is "captured" by KYC. It's an obvious result of simply being more widely available. That's all.

I get plenty of KYC free #Bitcoin, most of what I get is KYC free actually. Because its my money. I get paid in and pay people in Bitcoin directly. 

Because the network actually has liquidity, I can use it as money. In no way whatsoever am I captured by KYC when using BTC day to day. I jsut zapped you 1,000 sats to prove it.