Bitcoin has lost it's status as a viable crypto-currency, starting when ETF's were created, which had the effect of fiatizing what was before immutable, now has adopted all the worst properties of fiat money, the concept of derivatives. Derivatives is simply fakery by large institutions to get the benefit from each unit of money multiple times. These large institutions have a monopoly on this behavior. It is not possible to behave this way on an individual level. Great care should be taken as any potential new crypto-currency intermingles with the existing financial system. The Monero community has the benefit of learning from each mistake made with Bitcoin, and preventing that with it's own digital cash.
this post was submitted on 06 May 2024
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Monero getting blacklisted / banned is actually a feature in this sense.
Edward Snowden,
I've been warning Bitcoin developers for ten years that privacy needs to be provided for at the protocol level. This is the final warning. The clock is ticking.
They don't care because they are paid off by banksters to keep bitcoin useless as money.
Bitcoin's base protocol is never going to change, it's become a fundamentalist faith.