Post
Topic
Board Bitcoin Discussion
Re: Edward Snowden Final Warning for Bitcoin
by
BlackHatCoiner
on 05/05/2024, 12:21:47 UTC
It's a free world (still) and as much as I respect Bitcoin for what it did, I prefer to use other means for transacting and storing my money.
Everyone in the crypto space no longer see Bitcoin as the ideal medium of exchange, myself included. With privacy being the exception, Bitcoin is the best form of money that humanity has designed and engineered. In other words, it's so good, that you don't spend it.

Like a Trojan horse obviously what the rest of us expect as any addition seems to be unnecessary and users become skeptical about additions to the network as soft forks, which is seen to have no value as things will always return to normalcy with time based in on-going activities.
We can softfork; we can have privacy on the main chain by default. Stealth addresses, ring signatures, CT, all these can be implemented in a softfork way. "We" just don't do it, because "we" are afraid.

Edward reacted happily when he learned about this, he liked my Tweet about my WabiSabi coordinator: https://twitter.com/Kruwed/status/1786217133279412385
Edward wasn't talking about Wasabi, he just used it as a triggering event. He is clearly talking about main chain privacy by default. Anyway, could you disclose us your liquidity?