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a2f3aa48 | 5 months ago (raw) | root | parent | reply | flag 
 You still don't understand that Bitcoin & Monero are ultimately black market money (the only markets that are permissionless) and it's entire premise relies on that. Any honeymoon period is fleeting. We already see them cracking down with recent events.

The state can make any arbitrary rules they want on white market transactions  including banning Bitcoin and Monero.

https://github.com/libbitcoin/libbitcoin-system/wiki/Permissionless-Principle
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MAHDOOD | 5 months ago (raw) | root | parent | reply | flag +1 
 I’ve read this before and I don’t disagree with it. But you missed the context of my comment. I was trying to make that guy prove to me how monero is better off than bitcoin if the government requires digital ID for all purchases. I can’t pay for things like steak, medicine, or my electric bill privately.
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d6733a6b | 5 months ago (raw) | root | parent | reply | flag 
 I see
fair enough
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d6733a6b | 5 months ago (raw) | root | parent | reply | flag 
 The only other thing I would add is that since their core use is black markets you would want to turn the anonymity and privacy dials up as much as possible because it becomes an information war.

Whatever fulfills that role of shielding users whether it is some Bitcoin layer, or Monero, or some other crypto that carries that torch (if Bitcoin & Monero drop the ball) will become the most used. The name doesn't really matter.

With the way large western global institutions talk about things like "carbon pollution"...you might only be able to source steak from black markets in some places in the future. Who knows.