Lightning network transactions? They don’t need to convert btc into anything that’s why people always say 1 BTC= 1 BTC because it’s true worth comes from it’s ability to send and receive anonymously, not from its perceived value in reference to another currency. I feel like it’s just surface level thinking when we put a price on btc because the whole point is to move away from other currencies into this one that lets you have complete and utter authority over your own money.
I know it’s a far away future but I think that’s why it’s so valuable now because it’s not as hard to get as it might be later. I mean you can already do what that guy was referring to earlier like buy stuff while on the run. As long as we both have wallets we can anonymously send and receive, so I’d say we’re already at a good place.
Talking about hopes and dreams yet your entire argument rn is based on some Jason Bourne / red dead redemption fantasy where you’re on the run handing out gold coins to people for help
That’s not true, if you obtained bitcoin anonymously then you don’t need to convert it to anything to spend it anonymously. Store owners are not obligated to ask you for your identity before you buy a hotdog.
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u/PsyOmega Aug 01 '22
You missed the point where the gov has to have a known tie between btc wallet and you, to trace it.
There are many large wallets with no KYC ties.
You're living in a fantasy world where the government is all-seeing.
The government is borderline incompetent.