Quote from: aysg76 on Today at 09:51:51 AM

Quote from: LoyceV on Today at 09:40:27 AM

Quote from: bitebits on Today at 09:16:28 AM

This picture says ~ everything about banks and fiat.

Bitcoin never sends me a letter asking me to explain my transactions and bend over for a full cavity search.

The trillion dollars worth transactions have been settled with bitcoin and not anyone asking for a proof or asking you to submit details where the money came from and what's the purpose of your transaction with nominal fees and transaction confirmed within few minutes with security.The banking system really sucks and that's why moving my funds slowly into bitcoin with all in it.

Personally, I would consider it to be somewhat imprudent to be burning too many fiat related bridges.

Sure, with the passage of time bitcoin HODLers should not need to depend on banks or regular payment channels or credit cards or even various other traditional financial/payment systems, but seems to me that fewer red flags are going to be raised if you try to maintain some of those kinds of systems.. and I have never been much of a fan of "all in" bitcoin, even though some people might find ways to make that work without causing them fewer options..

Personally, I find some pleasures in being able to buy goods and services and to have a variety of options regarding how to pay for them.. really looking forward to wider and wider lightning payment systems in this regard.. and the spread of some of the El Salvador lightning systems to other countries...

Quote from: ivomm on Today at 01:11:06 PM

No matter how hard winnie the pooh try to ban exchanges, internet can offer myriads of ways to get bitcoins.

Even though I do not really agree with some of the characterizations of China, I do really like the winnie the pooh reference. Most world leaders do deserve to be mocked in some kind of way, and winnie the pooh is such a cute reference, and the fact that the reference is not "liked" makes it even better... so cute!

Quote from: xhomerx10 on Today at 02:53:14 PM

Wait. Are we supposed to have a bank account?

Yep.

I think that it is better for OPsec to maintain a foot in both worlds (if you can)... but hey, opinions can vary for sure.

Quote from: proudhon on Today at 03:33:04 PM

If someone as intelligent as me can lose that much, then ......

Whoaza!!! Now that is a bit of a stretch... #nohomo

Is that an attempt at humor, proudhon?