I cry about the loss of privacy, not about my Bitcoin stack making another x10.
You seem to not understand that. BTC adoption is far worse than keeping cash around.
I can convert to cash from both Bitcoin and Monero at all times. I am out of the fiat world since 2013, so I couldn't care less if it is hyperinflating or not. I would use cash over BTC any time.
But privacy is something that if its lacking will kill society for good.
Somethings we are fighting for bigger things than our personal gains.
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Got it! So you got rich from being in bitcoin early but nobody else should be able to do the same and we need to worry about privacy instead
Again you live in a delusional fantasy land.
“Saving in bitcoin is worse than cash?” What the fuck are you smoking because I want some!
I did not find bitcoin early so still have to work in order to provide for my family. In order to do so I have to interact with the fiat system. I try to provide value to society, spend less than I earn and save the rest in bitcoin. If we have more people doing this we can all benefit.
Hate to break it to you but we are not going to save in some niche privacy coin
It pays off to be early. Not everybody is well equipped to be early. I've been exploring alternative monies long before Bitcoin arrived.
Me telling you that you can be early in Monero again is meeting some resistance in you and others that I don't understand. I (beyond) others have been the one telling you to invest in Bitcoin in 2010-2015. Which ironically lead to even my mother being more of a hardcore Bitcoiner than 95% of self-declared BTC maxis here.
With that atituded you would never have invested in BTC as early as I did, even back then being fully aware that if this is catching on it easily will reach $10k which it did. But is meaningless today as fiat is collapsing.
Now I tell you Bitcoin is a good store of value. States will adopt it. It will stengthen the state once fully adopted and once KYC makes taxation by surveillance and force so much more easy for the state or AI government. By then Bitcoin is as good as fiat to provide for your family.
Fiat cash still works in societies like Argentina or Zimbabwe, because people adopted a secondary store of value (USD). The same you can apply for yourself with BTC and cash. Cash gives you superior privacy and as you convert on the spot you don't really use purchasing power.
See, I wished Bitcoin could have been the one fits all solution. It simply is not. There's YIn and Yang for a reason. There is solar (Bitcoin) and lunar punk (Monero). Look into it if you really care for your family.
Bitcoin is partially flawed as it does not protect the privacy of the individual. Without privacy no freedom and without freedom no free markets and without free markets no meaningful economic activity. Without that we all will be worse off.
Maybe not people like me who thanks to Bitcoin reached escape velocity early on and are now free radicals that the state rightfully perceives as their strongest enemies.
If you'd be in my position you'd understand why me and my family are extreme targets in this shift of the power structure and I can not afford to use weaker privacy protection because BTC might outperform Monero for a couple percentage points, which I anyways don't believe it will.
I see a short to midterm term potenial for BItcoin to x10 while I see x100 to x1000 in Monero.
I hold my Bitcoin dear. And I hold my Monero dearer (and spend them as well).
P.S. privacy cycle just got started with Zcash pump. Read some Monero longer term charts. Don't say you haven't been warned. It's not my vault you didn't look into Bitcoin in 2010. I told everybody I knew about it.
Thanks for sharing