@Nebuchadnezzar_II
tbf u did have the moonboy tag on the thread...
Sorry I meant doubtful of bitcoin's bullcase, not pessimistic.
yea i just dont care either way, number going up or not, literally dont care, not doubtul or not not doubtful, just dont care lol
I take your point about bitcoin, but I disagree because 'digital gold' is a perfectly good use case and with its unmatched hash power, only bitcoin can fulfill this role.
u remember what happened with qubic on monero tho?
it's pretty much what's expected to happen for bitcoin eventually, but naturally
because block reward getting lower and lower
fees getting taken off-chain through 2nd layer solutions
and expecting miners to get rewarded only from fees, while the bitcoin on its layer 1 now would be "digital gold" instead of "digital cash"
then that means less transactions happening on layer 1, less actual rewards to miners
because the usecase would be to "hodl" and not to "transact"
and literally, every halving got people telling me "it just halved but bitcoin still alive, you was wrong!!" like nah, i saying, few more halving WHEN the mining rewards will be less than the transaction fees included in the block
so... it'll take awhile still, that's not "next halving btc ded" or what, that's "few more halvings then security issues will be a thing"
Fungibility is an interesting problem, but I am not convinced its fatal. Let me know if you find any tainted bitcoin on the cheap!
you thinking too much like a moonboy, that's the issue
it's not about "some btc are worth more and some btc are worth less"
it's about "btc can be blocked and censored"
https://sethforprivacy.com/posts/fungibility-graveyard/
which most people using the bitcoin have lost the plot too, they're using centralized exchanges, not running their nodes, not even mining...
it's the corporate coin that is fully traceable, literal wet dream for any government to track their citizens, they're more than happy to just work with centralized exchanges than to regulate or whatever the bitcoin nowadays u know
recently that article was posted as well, regarding tether:
https://www.analyticsinsight.net/news/crypto-news-today-tether-blacklists-tron-wallet-holding-72m-after-large-cross-chain-transfers
in the case of bitcoin, frozen funds would make numbers go up, but i guess yall moonboys lost the plot already so yall would be cheering for that anyways cause numbers go up is all that matter apparently
So a wallet-anon could use xmr to buy bitcoin, keep it in cold storage, and interact with the network over tor, cycling it through xmr on occasion for hygiene. What's captured about that??? Its not that everybody will be doing this, but rather there will always be people doing this because its simply one of the smartest things you can do.
yea i guess
either way, back then was doing the whole signing bitcoin transactions manually from the cli and whatnot
but cause didnt care back then
nowadays i just dont have the technical knowledge on how to even use bitcoin, it's way over my paygrade

and while am not the most tech savvy already, most people are even less tech savvy that "bitcoin" nowadays just means "coinbase and binance"
like, sure, it could work for you i guess, doesnt change the fact it has been co-opted at a way bigger scale and it's just not the money of the people, it's the blackrock's ETF money, it's the governments and centralized exchanges money
so i literally have no interest about that, at all