Oddbean new post about | logout
 A lot of you are too comfortable with your KYC permissioned corn and it shows.

There is an old Chinese proverb that says: “Kill one, warn a thousand.”

The system is breaking down and they won’t just let you walk away peacefully. Prepare yourself early on. Now they’re fighting us. nostr:note1rea30qc9m4ptlj69r85f26ey935p5rxwg7ejg24nnrucgkmeuwfqrkdf85 
 Still see no value in Monero, anon?

Give it a couple more months and you will. 
 Unfortunately no. Monero doesn’t have a block size limit so running a monero node eventually will become unaffordable if it ever gained mass adoption. That will lead to centralization and the fed could shut it down. 
 That far in the future, BTC tx fees might not be enough to secure the chain sufficiently. Who cares. No Bitcoiner I know does.

I am not saying. Go all in on Monero. That is (imo wrong) maxi mindset.


I say use the right tools for the job. And if you haven't realised it. The war is now, and not far in the future. So this is a call to the arms. And you better take the best weapons you can get.

25% unrealised capital gains
45% long term capital gains

for all your KYC Bitcoin trades (you fund the state war machinery).

Samourai devs just got sacrificed to make an example 
 I think the halving’s enormous fee earnings is enough evidence to convince me that 100 years from now Bitcoin won’t need a block subsidy. 
 Well whether that happens or not is yet to be seen

Whats stopping you from using it until then? It works right now

That's kind of like saying you wont use a new car because it eventually won't work 200,000 miles from now

Still makes no sense 
 Well for one, no one I transact with uses monero 
 That's fair

Here is a list of options and directories if you ever do decide to use it (or use it to "mix" your bitcoin) 
Scroll down to "WHERE CAN I SPEND MONERO?":

https://pb.envs.net/?147b5cb9663909d5#37W7W45rF8aU6oUUJ5rPSZqjoiCBxFuLcfsHTFMK6NsA