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2024-09-01 18:24:13
in reply to

Doot Doot Bandicoot on Nostr: Monetary manipulation cannot be subverted by Bitcoin if people do not use Bitcoin as ...

Monetary manipulation cannot be subverted by Bitcoin if people do not use Bitcoin as money. I'm not saying that it wouldn't be useful in this regard. I'm saying that a prerequisite for it to *actually be useful* in this regard would be that it be a general medium of exchange.

The problem of Bitcoin's lack of privacy is a significant obstacle to it's acceptance as a general medium of exchange.
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npub17xjyqw2n99vgnncnt9cwlcw394j3llg5aszwxhpdxpv44wrlfnfqy2l9z4