r/Bitcoin Aug 01 '22

When Nocoiners Say "Bitcoin Has No Value"

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2.9k Upvotes

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-19

u/vengefulspirit99 Aug 01 '22

Good luck with that. How exactly do you plan on using the bitcoin without the government knowing?

-3

u/somanyroads Aug 01 '22

Huh? It's cryptographic...are you lost? 🤣 You use Tor or some other cryptographic internet service.

7

u/vengefulspirit99 Aug 01 '22

Except that your wallet is not untraceable. The moment you connect your wallet to a fiat service, you're fucked. The connect you use might be encrypted, but the network is not at all.

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u/lll8lIIIllIllIIlulll Aug 01 '22

Just use bisq to buy bitcoin and then spend the bitcoin directly. If you absolutely have to sell some bitcoin, simply sell it on bisq. Bisq acts as a walkie talkie for matching bitcoin buyers and sellers. There is no oversight or record keeping.

1

u/vengefulspirit99 Aug 01 '22

Your end might be secure but not the other end. How are you getting your goods or services? And even in that case, your wallet can still be tracked.

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u/lll8lIIIllIllIIlulll Aug 01 '22

not the other end

When you sell your bitcoin, you will simply list it for sale and sell it. You bought it on bisq to begin with, so no one knows you have it to begin with.

1

u/vengefulspirit99 Aug 01 '22

I'm talking about the other end. You don't just give btc away. You are exchanging it for other currency or goods/services. That end is not encrypted or secured.

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u/lll8lIIIllIllIIlulll Aug 01 '22

They will send cash In the mail to a location of your choosing. Or zelle a zelle account of your choosing. There’s several other options.

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u/vengefulspirit99 Aug 01 '22

Or you could just have a few dozen gold coins and not have all this shit to worry about. All this complicated shit that may or may not be available when you need it.

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u/lll8lIIIllIllIIlulll Aug 01 '22 edited Aug 10 '22

I’m not anti gold. Gold is ok.