Quote from: BitHodler on July 12, 2018, 02:32:46 AM

Eventually the entire centralized ecosystem will be filtered by authorities and we can't do much other than to watch our steps. Right now we're ahead of that, but we don't have much time left to use dex's and free ourselves.

even with DEXs, we still need fiat gateways. someday, the matrix meme will be reality and people won't need to exchange BTC/USD, but there's just no way around it for the foreseeable future.

in the US, the government seems to have completely scared the localbitcoins market into compliance. my old cash trading connects have disappeared and everyone is demanding ID now. and the coinbases and geminis are enforcing bank-level verification at this point.

Quote from: magneto on July 12, 2018, 12:03:35 PM

Banks are more secretive, and facilitate money laundering, corruption, etc. Does that mean that fiat currency is fault? No. Nefarious activity is a byproduct of every single currency, not just bitcoin.

he's just using red herrings. any reasonable person can see the issue is one of "control" and not "secrecy." of course there's nothing secret about bitcoin. it's the most transparent financial instrument ever created, lol! but they can't control it....