Quote from: NotATether on May 12, 2024, 12:51:59 PM

But even the normal people don't want to use CDBC. They think that it is too complicated ("why should I use that when Venmo/Zelle/Cash App works just fine for me?") and most are not at all interested in trying to learn complicated things that they don't understand like what a CDBC even is - they'll just think of it as yet another money account.

That's right, I see CBDC as just another digital alternative to FIAT... instead of utilizing cryptography and blockchain, but in reality complete control is with the creator of the coin, as well as the lack of privacy makes everyone who originally liked Bitcoin give it no respect which is a lot for a CBDC.

CBDC may be able to prevent money laundering, but it is really far from what we expect as people who value freedom and privacy.

Exactly. And if it's an alternative to fiat, do you think that normal people are going to use it? They are happy with their dollars, for now.

It is mainly intended for the banks and other financial institutions who already use all sorts of weird and strange coins, tokens, blockchains, payment methods from the dinosaur age, who are going to be the main customers of this thing. So all of these people going to events such as WEF for example and promoting this are just doing it for the sake of their rich friends at the banks to make, well, more money.

If you hear someone saying that, they are probably referring to the design of a physical Bitcoin coin, not the technology itself. I mean, why would anybody say that about a bunch of code? That would be very weird for sure.

People did try to make physical bitcoins prevalent in the early days but they never caught on, and are mostly kept as collectibles now. As they should be. As bitcoin in my opion is better when used digitally.

is there any specific reason now why mixers are shutting down? is it about the government running against them or its the people who is preventing from using mixing services ?
it looks like there are more and more of them that shutting down each year so wondering that in the coming years there will be no mixing that available for the users.

Eh, mixers have been coming and leaving through the revolving door every year. It's just that now there happen to be three mixers exiting the space versus one entering this year. (It should actually be 2:1, because Tengri was started this year so its dissolution should not contribute to the number of mixers running.)

I find it quite odd that more mixers aren't jumping in to fill the void left by their predecessors, though.

Wars are mainly of interest to arms manufacturers (one of the most powerful and influential industries in the world) and a few politicians who, of course, will not go to the front to fight, nor will their children or relatives. The reasons are money, geopolitics, natural resources...

Yeah, the defense industry loves war, because they sell arms to both sides of the conflict and can also get government contracts worth billions of dollars without actually doing anything useful.

It is often the case that some politician's buddy is a board member of one of these companies. google "Halliburton" for more information.

Personally, I prefer pairing my assets with BTC on Bitget's smart portfolio to accumulate more BTC whenever the paired assets pump against it, because of it enduring value.

I actually do all of my transactions in bitcoin and never buy or sell any, as I don't have the means to do so. So it's out of necessity, really. It is quite limiting but that was the way it was intended to be used.

Sadly, privacy is becoming harder and harder to achieve just because this anti money laundry war doesn't care about citizens rights for privacy.

Well, I mean they do care about some citizens' right for privacy, just not the person-kind, but the legal document charter-kind 

<seriously> they will continue to give banks the right to privacy.</endseriously>

The normal way to solve these kind of dust problems is to just end the dust somewhere else and burn it without spending any of your other inputs. I mean it's dust, right? You won't need it for anything.

Quote from: paid2 on May 13, 2024, 01:08:10 PM

~snip~
...people should use DAI instead of USDT in my opinion (EU users, be careful USDT will be banned in June for the whole EU).

I didn't know that the EU geniuses would do it, but it has been a big wish of some people from the ECB for years, especially their chief CL, who otherwise has a similar position on cryptocurrencies as, for example, the well-known SEC chairman. Given that I do not use stablecoins, this decision will not affect me, but it is really funny to me that they are fighting in such radical ways against everything they consider a threat to the euro - but they are obviously learning from their political brothers across the big pond.

Surprise (insert The Joker GIF here), who would've known that blacklisting your own coins wouldn't stop you from getting banned?

If you are not working with the government then you are like an enemy to them.