Post
Topic
Board Wallet software
Merits 2 from 1 user
Re: Wasabi blacklisting update - open letter / 24 questions discussion thread
by
NotATether
on 11/07/2022, 08:16:32 UTC
⭐ Merited by n0nce (2)
It makes you wonder whether making a new exchange will make things any better or if the new owners will simply become as detrimental to bitcoin's development as the other exchanges.
The road to hell is paved with good intentions. There are so many projects in this space which started out with good ideas and fantastical claims, and have ended up scamming or selling out everything they supposedly stood for. Wasabi is a prime example, given this thread. Or look at all the collapsing platforms like Celsius and Voyager, which made claims of "Unbank yourself" and "Take control of your money", and then leveraged your money even more riskily than banks do. Look at Brave, the so called "privacy browser" that now lets Binance inject code in to your system and whitelists Facebook and Twitter trackers. Look at "DEXs" like LocalBitcoins which sold out and now collect KYC. Or as per my previous comment, all the exchanges which were built on bitcoin and made all their profits from bitcoin, and then actively attack it and everything it stands for.

And to answer your question - we already have good alternatives such as Bisq. The problem is getting enough people to leave all the anti-bitcoin examples I gave above and use these other pro-bitcoin platforms instead.

Quote from: myself
"It's an accomplishment if you set out on a project, a grand achievement if you can finish it, and a downright superhuman feat if you can keep it in working order for several years." - Me, reading your reply

Words are my own. I hope someone sets them in stone one day.