Oddbean new post about | logout
 “I sold tons of bitcoin for fiat and it had all sorts of fiat KYC requirements”

“Can’t believe Bitcoin is like this.”

https://media3.giphy.com/media/33iqmp5ATXT5m/giphy.gif?cid=9b38fe91r3irasn8cdrg5rmp7ptiy2ilg11vx5c9bcq4l3kp&ep=v1_gifs_search&rid=giphy.gif&ct=g nostr:note1499zpf83gznsccp35svftx6uh5jmnhlzke0ftv472whvqemfg0xqk3flts 
 😝 
 Kinda misses the point altogether.  The surveillance  is baked into the fiat interface. 
 This umbrella doesn't work because when I stopped using it I got wet.  
 My car sucks.  I put a bunch of banana peels in the gas tank like Doc Brown from back to the future.  And that piece of shit car wouldn’t go.  It’s the car’s fault! 
 I think a lot of Monero people are unrealistic.

They cannot sell Monero for fiat when cash is gone. They need Bitcoin as a store of value and an intermediary.

I don't accept Monero payments because I am not into barter. If others want to use Monero, I support that and their best bet is to find bitcoiners they can swap smaller amounts with. But who would need large sums of Monero? It is not a store of value.

The problems of KYC/AML is not an argument in favor of Monero. 
 Ever heard of @peachbitcoin ? 
 I made this meme ages ago. Still true.

https://image.nostr.build/08997da7b778a4030ccbc3d7a853aa2d152dbd09014953e3a89a536099d225e8.jpg

nostr:nevent1qqszvqmnm2jd6t8w9lt7verucypw7y68k48g500m0vadc85632t7l4gpz9mhxue69uhkummnw3ezuamfdejj7q3qh8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wqxpqqqqqqzr3ahlm 
 it's even worse ... tax office sent me a letter too, asking how much btc i've got in total ... but yes, it still works for dust 
 Do you not understand that what you described has nothing to do with #Bitcoin? You are complaining about fiat, on which I agree.  
 i know, i'm just pissed off ... i am complaining about my fucking government, i have to leave my country, because of those fucking laws, even everything i did was legal ... i am treated like a criminal