Post
Topic
Board Bitcoin Discussion
Re: Another reason am chosing bitcoin.
by
Z-tight
on 14/08/2024, 11:57:07 UTC
It is definitely the authorities that make it much a complicated business. The reason why crypto is so good because it allows for decentralization and privacy for those who need it and in times where our data is easily obtained and used for purposes we are not aware of, privacy is a great value.
Usdt is a crypto, and it is centralized, and can also be frozen even in your own wallet, and this is just one example, when you say crypto, take note that you are talking about BTC and other cryptocurrencies.

BTC ia decentralized, but not all cryptocurrencies are, as for privacy when using BTC, you have to use privacy solutions, or simpy do BTC->xmr->BTC. Take note that so many people still use centralized exchanges, so even when they use BTC, a third party is still in the possession of their data.