Quote from: o_e_l_e_o on Today at 01:09:46 PM

Hoping is insufficient. Governments around the world will continue to push ahead with more and more invasive control if we don't stop them. I've said for a long time we need more on-chain privacy as a default, but no one cares about privacy anymore. They only care about making more fiat profit. And so bitcoin is headed for government control, and the masses will be happy because they made a few bucks along the way.

I can’t agree less with you that the volatility of bitcoin which makes it profitable when you invest in it has actually made people to forget about the main aim which is privacy. We can see how people easily trade on centralized exchanges just to make the money without caring too much about the privacy. This has even made some people feel that with government control or KYC exchanges the bitcoin network is safer than how decentralized or privacy oriented it is now, and I tell you this exactly where the government want us to be.

Take for example the hype around the bitcoin ETF, at first I thought it should be a thing of concern because AFAIK those institutions opting for ETF are worse than CEXs in terms of privacy (as I believe the government will easily have more control over them than the latter) but most people are happy it is happen because according to them it will drive in more people and make bitcoin price skyrocket.