2017, before the split I realized it was a lost cause. BCH solved some of the issues but it's still flawed even with cashfusion. The BCH community is too stubborn to understand that being a transparent and ASIC friendly chain will bring its downfall in the end.
Never sign any agreements with an exchange stating they may close your account without tendering payment for any reason. This comes down largely to contract law.
Just wanted to say thanks for showing me the light, I wasn't a BTC maxi or anything, but I saw the cultishness surrounding BTC and searched up bitcoin flaws to see if it was as glorious as it was made out to be by the likes of Saylor/Keiser/etc. as any healthy investor should do, when you explained the fungibility problem with BTC (and any transparent blockchain), that rocked me man, I still can't believe BTC is as valuable as it is, like the whole point of cryptocurrency was decentralized anonymity I thought, now I'm all-in on Monero and never looking back, although I am still watching for new projects that could oust Monero! Only problem with Monero is the lack of marketing and hypelords... take care!
I’m curious to know as well. I tried cash fusion once, to see what it was all about, and the last thing I want happening is getting my Coinbase account closed because of it. I really wish we lived in a world where Bitcoin BCH was accepted all over the world for everything. I hate having to convert my BCH back to USD to pay for some stuff. Annoying! 😂 😭
.. well some basic lessons: 1. dont hold BTC - bad investment anyway 2. dont use an exchange in a non fintech friendly environment - simply go to the asian based exchanges that are well known if you want a CEX 3. live in the correct country...
I think we are still early so the regulation hasn’t caught up. Bitcoin confiscation on exchanges is a problem but I imagine this will disappear once DEXes and cross-chain bridges become more popular. Upcoming adoption of the lighting network will also make Bitcoin harder to track. Bitcoin pseudonym ledger brings both advantages and disadvantages but it’s the closest we ever got to real hard money IMO.
@@CodingJesus You’re right. It’s either yes or no when it comes down to privacy. It really boils down to: Do you think Bitcoin should be more private or not? And I think we need to acknowledge the fact that in crypto everybody can choose so if you think money should be anonymous, feel free to use Monero, Zcash etc.
Public blockchains are only part of the problem the other are exchanges. If the government's all decide that private crypto currencies should be banned all exchanges will delist it. There's no way around it.
to avoid the problem discussed in this video you would need something more like monero. i have nano, but it is public and could be subject to the same problems of chain analysis discussed in this video
The governments are going to make things inconvenient of course but that isnt bitcoins flaw thats just part of the fight we gotta fight. An exchange doing example 1 isnt a btc flaw, thats a flaw in our regulations from our overlords putting pressure on users to not use it; inconvenience. The real flaw there is we the people complying to that. Anyone holding btc on the exchange doesnt really have btc so thats an invalid statement. Bitcoin is P2P, if we choose not to utilize that, then we the people are the flaw not bitcoin. Stop complying, innovate. As for fungibility and anonymity, its a work in progress, we have lightning for one example, and also i think bitcoin would have been disengaged a long time ago if it were anonymous, like monero. An a anonymous payment system would be an even harder battle. We have the solutions in bitcoin, we the people cant expect this to just be what we see in it, we have to fight the fight it isnt gonna fight with out us. The constitution wasnt made by complying! People stood their grounds and faught the fight for it.
I seriously got back into crypto specifically because of my injury and it was a way to make money. As in a form of currency I could use. And it was something that I remembered and believed in. And now every time I look at BTC all I can hear is William Cooper talking about central banks and what the Federal Reserve is... I make do with other trades now.
Good question. Exchanges that do not want you to withdraw XMR won’t list XMR to begin with. Exchanges that list XMR cannot build a statistically sound risk profile with regards to your activity because it’s extremely difficult to do so. Given this, there are no grounds for them to confiscate your funds simply because you send them to a wallet they don’t like, or because someone they don’t like has previously used the funds currently in your possession. By using Bitcoin, you are making it simple for the exchange to build a risk profile regarding your funds and their activity. In this case, they are obligated to do something about said activity.
I think the problem is with the bitcoin that you use to buy the monero, and where you buy it. I have had no problems withdrawing my monero from Binance and Kraken.
Satoshi is like the Tooth Fairy... Everyone knows of him, but no one has actually met him in person. Which is how The Powers That Ought Not Be would run a psy op like Bitcoin. Every trail leads to a dead end.
Coding Jesus does the Bishop get your trading knowledge on what stocks will turn a profit so I'm able to purchase Billy Gates farm land at the divorce auction to enlighten people about regenerative farming? Have you ever used astrology for major stock movements?.Thanks for your Great Knowledge.....
you are smart, man~ selectively choosing shitty tools like wasabi to hit bitcoin but u failed :))) still, i like u and i enjoy what u do; esp the pleasure u get by agitating maximalist. guess what? they enjoy getting teased as well :))
You are talking about BTC and not Bitcoin, Bitcoin actually works well and you need to check BSV to see that Bitcoin is BSV and not BTC. Also Bitcoin has no flaws, transparency is a FEATURE of Bitcoin, not a flaw. It is an HONEST system, not one enabling hiding from law. Everyone using Bitcoin system will force everyone to play honest, and that is a good thing, not a flaw.
Imagine having your cryptocurrency confiscated because someone who previously held your cryptocurrency donated to a political party that is out of favour, and then arguing that it is a good thing. Delusional.
@@CodingJesus Law is Law. People who think removing the law is going to fix society are the delusional ones. Fix the government to fix the law, but not remove the law altogether. All of you people in BTC are just plain dumb and crooked. Bitcoin has word HONEST 15 times in it... there's a massive hint which all of you fools missed.
might as well clip your ID on every cash payment that you make and show everyone how much money you have in the bank since you want to play honest right?
