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This "transparent Bitcoin" narrative is retarded beyond belief. "Hard" money simply CANNOT work if it's not "dark" money as well. If the state wants to tax via inflation, it will ban "hard" alternative, just as w/ physical gold & e-gold. Bitcoin can be "hard" because it's "dark".
If it wasn't, it would be useless. Sentences like "cash fiat will be banned to protect negative interest rates, so you will not be able to buy bitcoin w/ cash", overlook the fact that the SAME political agenda will push to ban bitcoin to protect negative interest rates".
Bitcoin can only be used as protection from inflation IF it can resist explicit bans. It's ok to imagine that using bitcoin anonymously "enough" (nothing is ever "perfect" in this regard) is too hard to be feasible, but then you have to logically conclude Bitcoin has failed.
"Give us Fungibility/Privacy or give us Death."
It's a nice motto, but it's also a quite accurate description of an inescapable logical truth, as far as Bitcoin is concerned.
It's a nice motto, but it's also a quite accurate description of an inescapable logical truth, as far as Bitcoin is concerned.
