I was really kind of surprised to learn how traceable BTC is. I knew the transactions were public but it was some videos I saw about Monero that really drilled in what the implications of that are in a world where the IRS is sniffing around exchanges and the FBI browsing the Blockchain.

So now I'm wondering why people even care about Bitcoin if the one feature it needs to have in order to be a currency that stands outside of institutional and government control.

And frankly I feel kind of duped because the Bitcoin gospel is so tied up with how private and subversive it is.

Anyways I'm here to learn.

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[–] [email protected] 1 points 1 year ago (1 children)

Do you see BTC as having a place in the future as some kind of reserve currency or perhaps something used to settle larger transactions between larger institutions?

[–] [email protected] 1 points 1 year ago

Within the context of energy, yes. More broadly speaking I don't know.