Damus
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Daedalus · 14w
Yeah you're right and it's a major problem for Bitcoin. The whole value proposition is a p2p digital means of exchange that is decentralized and permissionless. All of those aspects are under attack a...
 nostrich profile picture
nostrich
i value freedom of choice highly. that means everyone should use bitcoin the way they think is right for them. if you think it is too risky, you don't have to use it. you can point out why it is better to use it privately, p2p and so on, but everyone has to decide for themself. humans are in general lazy and prefer the easy way, which often isn't the better way
Daedalus · 14w
Problem is that as the state tightens it's grip on nonKYC p2p usage it will bifurcate the UTXO pool creating more "tainted" coins that people can't use on exchanges. We see this already with whirlpool coinjoins, you can't sell them on exchanges without shotgun KYC or at all sometimes. That also mean...