Why Nostr? What is Njump?
2024-04-25 15:23:53

Allamex on Nostr: Bitcoin isn’t just used to buy expensive homes. The wonderful thing about Bitcoin ...

Bitcoin isn’t just used to buy expensive homes.

The wonderful thing about Bitcoin is its versatility in use.

If you need anonymity, you can acquire it.

If you need a savings vessel, you can acquire it.

If you need a way to move money across the globe quickly, you can acquire it.

If you need to make cheap fast payments, you can acquire it.

Whatever financial situation you need in your life, it can acquire that life for you.
People are thinking about the Samourai situation the wrong way IMO.

They’re worried about hiding (KYC vs non-KYC) like it matters.

"Oh, I see you’ve bought a house, but we have no idea where you got the money for it and can’t trace it back to a sats purchase you made through your bank. We do see you paid taxes on $60K per year and have a $5M house, but we will leave you alone in this citadel since we can’t trace the specific sats to your bank account!”

FFS, if they’re coming after your property, they’re coming after your property. They don’t give a fuck about your rights, and they don’t really care how you got what you have. You think it matters they can’t *prove* you got it through sats appreciation? They can’t prove someone else didn’t lose his keys, either. They don’t care.

The beauty of the technology is they literally cannot seize this one asset unless you volunteer the keys. They can jail you, they can murder you, but they can’t take it from you, and more importantly they can’t do so remotely. They need to expend resources and be on camera, in person. This is a very big handicap and a huge advertisement to others to store their wealth out of their reach.

You have the strongest hand in the history of humanity. Stand up to the bully.
Author Public Key
npub1df96jqumkhanf4ltz4eq8atzn4ykxj9e005r929sx7hdfc92ymjqtye9ry