Jeff Swann @Jeff Swann - 1y
"Only money launderers, drug dealers, & terrorists use bitcoin." Joke's on you, I'm into that shit #bitcoin #agorism
Monero is the least shitty shitcoin. But I think it's a mistake for anyone to be buying & holding Monero because privacy problems are being solved on Bitcoin & I think Monero's scaling problems are worse, & the opportunity cost of holding anything but Bitcoin is really high.
Money laundering is a made up crime that wouldn't exist if the world wasn't dominated by criminal gangs running protection rackets that need to frame any effort to avoid or evade their racket as a criminal offense. Drug dealing is providing people with products they want in voluntary exchange. Generally speaking, there is nothing wrong with that. "Terrorist" is the label that the criminal gangs give to people who resist or fight back.
When moving from BTC to Monero trust is generally required for the trade with some exchange or service, & anonymity is often compromised, fees are often high. Exchange rate volatility is a problem & holding Monero long term is financially costly, so things being built on/for Bitcoin will tend to make more sense.
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Bitcoiners will eventually be labeled economic terrorists, no reason to be afraid of being called shitty things by evil people.
Matt @matt_ - 1y
Bring it
