Bitcoin as cash was always a flawed idea. I don’t know why Satoshi did not anticipate mass global surveillance apparatus if the scarcity angle made it ever more valuable in fiat. Something tells me he didn’t anticipate it taking off
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Um I’m pretty sure bitcoin is still experimental… even though it’s being used extensively…
And if you look at the history of money it makes sense as to why it’s the way it is…
Satoshi wasn’t a know it all and they pretty much just put the pieces of a puzzle together to make Bitcoin…
I think he knew. But he was hoping people would evolve the system to make it happen. Not to make it so complicated and ugly that everyone would need a third party to use.
Nobody is experimenting with Bitcoin. They are all building external systems that fix Bitcoin if you give up the original idea and pay that third party.
The system exists, it's called monero.
You know that there is not a single monero mobile app that allows you direct access to Monero's node, right? It all goes through the servers of each app and those servers can all track you. Monero is suffering the same fate as bitcoin. Companies took over and they are not allowing anyone to easily play without passing through them.
Not true. Cake wallet, Stack Wallet allows you to point it to your own node.
Sure. And how many people do that out of all of their users? Do they disable their offerings when you are using the app with your node?
I don't get your point. Would you rather remove the option and force everyone to run their own node?
What a monero rpc node learns from you is very little. Your IP, nothing else. Unless it's malicious and drops your request after you submit a tx, then if you retry immediately, it can learn which of the outputs (the only one again repeating in the ring sig) was yours.
And even that is going away with FCMP++.