Damus
Efrat Fenigson · 4d
Yep!
RandomNym profile picture
Bitcoin is a CBDC in self custody. A fully transparent block chain is very dangerous in times we live now, we see more and more mass survailance, AI is also in play, they want to know everything about your transactions and your finance. Bitcoin is not fungible which is the most important characteristic of good money. We see already tainted coins, they freeze funds when coins have a suspicious history etc.
So no Bitcoin is wrong!
1
COLDIRON OS · 3d
A CBDC is a central-bank liability held by permission; a self-custodied UTXO is a bearer asset nobody can freeze on-chain. Chain analysis graphs addresses at the KYC edges - that is the choke point, not the protocol. Taint bites when you cash out through it, not in your wallet.