DAILY REMINDER - BITCOIN IS ENGINEERED TO KILL CENTRAL BANKING

[Anonymous No.49361868]

>shitcoins are not engineered to kill central banking, they are engineered to transfer your money to a few insiders, preminers, scammers and venture capitals - they will cashout and dump on you
>FIATs like USD/EUR/GBP are all fake, printed out of thin air, unlimited supply, permanently bleeding SHIT-CURRENCIES
>BTC is engineered to attract (futile) attacks by central bankers, governments, mainstream media, keynesians and parasites cause it makes them all irrelevant
>BTC has no top cause all FIATs have no bottom
>BUY ON SPOT MARKETS ONLY
>NEVER USE DERIVATIVES like futures and options, they are just USD-only trading on fake paper-BTC, they dilute the supply canceling the scarcity effect, kill the price discovery, and help market manipulators to keep the price down with naked short selling
>when you keep your money inside an EXCHANGE you are getting SCAMMED with FRACTIONAL RESERVE and you are exposed to risk of CONFISCATION
>NO KEYS NO PARTY, use hardware wallets, move your coins into cold storage, BACKUP your keys/seed
>NEVER TRUST CENTRALIZED PARTIES (exchanges, banks, custodial services, lending platforms, centralized shitcoin wraps like WBTC)
>CBDC (central bank digital currencies) are a SCAM, central bank rugpulls, they will lose value even faster, kill your privacy, restrict your ability to freely spend your money
>DO NOT SELL WHEN THE MARKET IS TRYING TO SHAKE YOUR POCKETS, BUY MORE
>don't try to time the market, 50% crashes are normal, do not leverage, 2X long leveraged traders will get wiped out
>DO NOT SHORT, LONG LEVERAGE, SWING (or you will lose it all)
>BTC is not a get-rich-quick scheme, it's a don't-get-poor-slowly scheme
>run a full Bitcoin Core node, don't trust, verify
>CoinJoin
>use non-custodial LN wallets for small tx
>don't think it's too late, it's never late, FIATs will always keep bleeding purchasing power
YOU ONLY HAVE ONE TASK, BUY SPOT AND KEEP YOUR PRIVATE KEYS SAFE AFTER WITHDRAWING YOUR BTC INTO COLD STORAGE
DON'T FUCK IT UP ANON

[Anonymous No.49362379]

Anavar forget.

[Anonymous No.49362407]

Based and Bitcoin-pilled

[Anonymous No.49362413]

Bitcoin is traceable and thus vulnerable to wetware exploits via men with guns. Monero is displacing Bitcoin in the places it is used as a currency. If you gave me 10BTC I'd throw it all on XMR.

[Anonymous No.49362440]

>>49361868
>>49362379
Based

[Anonymous No.49362471]

>>49361868
Oy vey, this is anti-semetic

[Anonymous No.49362541]

>>49362413
Monero will be replaced for technology that will move BTC without fees and totally anonymous at 1.000.000 TPS. Aka Proof of Utility.

[Anonymous No.49362545]

>>49362413
Kek this. The op literally says "coinjoin" too. How cringe.

[Anonymous No.49362558]

>>49362541
Aka literally making shit up that doesn't exist.
LN will be centralized and pozzed.

[Anonymous No.49362602]

>>49362558
Well, this technology will be decentralized and, as I said, totally anonymous. You will even be able to send bitcoin thru telegram, totally anonymous.

[Anonymous No.49362647]

>>49361868
AVAX destroys Bitcoin

[Anonymous No.49362654]

>>49362541
source: some funny mushrooms you found in the woods

[Anonymous No.49362733]

>>49362654
Monero has no usecase anyway

[Anonymous No.49362977]

>>49362602
On /g/ there's a thread up right now about how Telegram gave up user data to German police.

[Anonymous No.49362994]

>>49362733
Money generally doesn't have a usecase. It doesn't matter in Monero's case because it offers anonymity like paying in cash, which is supremely desirable yet not offered elsewhere.

[Anonymous No.49363042]

>>49362977
The point is that you will be able to send bitcoin even in true end-to-end encrypted message apps; not necessarily telegram.

[Anonymous No.49363289]

>>49361868
BTC is not Bitcoin
BTC is Bilderbergs and mastercard.

[Anonymous No.49363396]

>>49362413
xmr is fighting for the silver medal at best stop embarrassing yourself

[Anonymous No.49363490]

>>49362647
avax and all the other failed ethereum killers already killed themselves
none of them, including ethereum even come close to touching bitcoin

[Anonymous No.49363491]

>>49363396
first place will be taken by a dollar stablecoin
then btc will lose its magic and die
screencap this

[Anonymous No.49363509]

>>49362994
>not offered elsewhere
privacy is a feature everywhere in crypto
monero just tried to turn it into a product and as a result now has loads of legacy baggage for a privacy system that wasn't ever even cutting edge

[Anonymous No.49363523]

>>49362379
Funny how this literally described me. I got lucky with the memecoin bullrun and once I converted all that shit for BUSD/BTC at last it truly hit me that I finally took profits instead of holding BNB, AVAX or FTM and taking this funny internet money for granted. The picture is frighteningly correct.

[Anonymous No.49363528]

>>49363491
as long as altcoins exist, bitcoin will always have "magic", being the only truly neutral scarce asset. if alts disappear and morph into regular tech companies, maybe bitcoin fades away, but never otherwise.

[Anonymous No.49363539]

>>49363528
>being the only truly neutral scarce asset
only in maxipads heads
and then one day it will go #2. And not long after that it will become a nft dinosaur museum edition

[Anonymous No.49363552]

>>49363539
no, that's literally what bitcoin is
altcoins all derive direct lineages from bitcoin
there is no world with altcoins that doesn't contain bitcoin
OR
doesn't contain any of the altcoins that exist today, or many years into the future

if you don't understand why stick to GME

[Anonymous No.49363554]

>inb4 energy FUD

[Anonymous No.49363564]

>>49363554
any altcoins that pick trendy politics over simple cryptography will always self-immolate in the future

[Anonymous No.49363566]

>>49363554
>tfw tumble dryers use more energy than the entire bitcoin network infrastructure

[Anonymous No.49363597]

>>49363554
Also this technology will not have this issue.

[Anonymous No.49363649]

>>49361868
>btc

[Anonymous No.49363651]

>>49362413
Based, would do the same. Bitcoin is worthless.

[Anonymous No.49363676]

>>49363649
wait until you realize those coming into crypto in 2 years won't have any interest in anything launched pre-2021, other than bitcoin, maybe ethereum if it hasn't imploded.

chasing the newest altcoin only works when your altcoin is new.

[Anonymous No.49363749]

>>49363528
>being the only truly neutral scarce asset.
Incorrect, it can never be neutral because every single coin can be traced to its point of origin, thus being subject to censorship.
1 monero will always be equal to 1 monero
1 bitcoin is never the same as another bitcoin due to its history attached to it.

>>49363509
>privacy is a feature everywhere in crypto
>a privacy system that wasn't ever even cutting edge
Another brain dead take. All other cryptocurrencies are pseudonymous, Monero is anonymous. It is also fungible, the way all money must be.
Monero has always been ahead of the competition in terms of privacy and cryptographic technology. Contrary to Bitcoin that stagnated.

[Anonymous No.49363794]

>>49363749
thats not what neutral means, you're talking fungibility, which is a feature, not an innate property, which neutrality is, and is exclusive to bitcoin (until we have time machines).

monero is also just one of many attempts at private tech, and is already using dusty old crypto we've moved on from.
the future is clearly not monero, but sure, it's the present.

[Anonymous No.49363808]

>>49363794
>and is already using dusty old crypto we've moved on from.
Who is "we"?

[Anonymous No.49363811]

>>49363794
>an innate property, which neutrality is, and is exclusive to bitcoin
how do you measure it ?
lmao at this cult thinking
>monero is also just one of many attempts at private tech, and is already using dusty old crypto we've moved on from.
constantly improving unlike btc

[Anonymous No.49363825]

>>49363808
anybody researching modern cryptography
ring signatures aside from being utterly broken on a platform that keeps fees artificially low like monero, haven't been cutting edge in decades.

>>49363811
all you need to know is that if bitcoin added privacy monero would be rendered obsolete immediately.
whether bitcoin actually does or not is irrelevant, the fact is monero is there to fill a niche, and alone can not ever expand outside of that niche. it is not the end-game of anything.

[Anonymous No.49363851]

>>49363825
>all you need to know is that if bitcoin added privacy monero would be rendered obsolete immediately.
So changing a single line of code in btc is frown upon by its community, but somehow they will change the whole fucking code, okay.
As if privacy well done (like xmr) is just a simple single add-on, lmao.
And no that wouldn't make monero obsolete immediately because it has momentum as it is already used as a currency on DNMs, unlike bitcoin that is used for absolutely nothing

[Anonymous No.49364744]

>>49363851
Privacy in BTC will be on L2, on L1 there will be minor improvements to make CoinJoin incentivized etc (Cross Input Signature Aggregation, CISA, which is most likely the next soft fork)

[Anonymous No.49364834]

hi

[Anonymous No.49364891]

yall realize crypto is about to get gut checked again right?

like, bitcoin will be sub 24K

[Anonymous No.49364910]

>>49361868
basado

[Anonymous No.49364994]

>>49363794
>fungibility, which is a feature, not an innate property, which neutrality is, and is exclusive to bitcoin
It's literally backwards. Fungibility is an innate property of money. A dollar bill is equivalent to another (by law). A Bitcoin, again, is not equivalent to another. All money in existence needs fungibility or else it is segregated.
Define "neutral" and I'll also refute your incorrect claims.

>monero is also just one of many attempts at private tech, and is already using dusty old crypto we've moved on from.
You're projecting the "dusty old crypto" since that is literally what Bitcoin is. It does not innovate nor change; again, it stagnated. Whatever you do on layers does not solve the inherent issues and the more layers added, the greater risk of attack.
Monero constantly improves by hard forks, continuing its supremacy as digital money.
>the future is clearly not monero, but sure, it's the present.
Didn't know you had a crystal ball that knows the future. Bitcoin maxis' line of thinking is incredibly foolish, no critical thought.

[Anonymous No.49365337]

>>49362541

[Anonymous No.49365349]

>>49364744

[Anonymous No.49365351]

>>49364994
>only i can predict the future
Get fucked glownigger.

[Anonymous No.49365375]

>>49361868
>>49362413
>>49362545
> Kek this. The op literally says "coinjoin" too. How cringe.
https://sethforprivacy.com/posts/fungibility-graveyard/#all-coinjoins

[Anonymous No.49365382]

>>49362541

[Anonymous No.49365419]

>>49361868
>CoinJoin
Maxipads are embarrassing

[Anonymous No.49365425]

>>49364834
> hi
- 20'711'865 / 24 / 60 / 60 ≈ 240 tps
- https://realtps.net/
- https://ethtps.info/

Bye.

[Anonymous No.49365437]

>>49361868
>no mention of cw or ab
>no mention of failed block size expansion
BTC is a payment technology. Nothing more. And those in charge of it are content to bleed it dry for their own wealth. One day you newfags will wake up.
Inb4 nocoiner ive had coins since 2014.
When BTC is being supported on CNBC and by people like michael saylor you should begin to question the narrative.
I will make it simple and spell it out newfaggots. Look into Blockworks and their control over BTC. Then look into all of satoshis old writing on BTC. Then finally look into the block size debate. If you have not done this you do not understand BTC and probably believed in Santa till your adolescence. Im trying to save you lil niggas.

[Anonymous No.49365459]

>>49365425
What are you trying to say? BSV is the fastest PoW chain by far, these bullshit L2 Proof of SQL database "chains" don't even matter, they lack security and become ever more centralised as time goes on.

[Anonymous No.49365474]

If you want to kill central banking you'll want FCF coin.

[Anonymous No.49365482]

>>49365474
https://www.youtube.com/watch?v=k8WOyOSyJwM

[Anonymous No.49365510]

[Anonymous No.49365520]

Is it true? Or you wanna cheat us with yar shitcoin? My favourite NFT project is Streeth

>Mints & auctions iconic Street Art NFTs
>Fully safe personal Vault
>Audit by CoinScope

[Anonymous No.49365535]

>>49365459
> they lack security and become ever more centralised as time goes on.
- https://l2beat.com/?view=risk
- https://docs.google.com/spreadsheets/d/19hl6CxG-RfWKsDEa86ZHWkHGvplyW4J1TqKFvcbbyvs/
- https://blog.matter-labs.io/evaluating-ethereum-l2-scaling-solutions-a-comparison-framework-b6b2f410f955

Bye again, BSV-shill.

[Anonymous No.49365562]

>>49365510

[Anonymous No.49365598]

>>49365562
none of this matters with FCF.
>>49365482
>>49365474
you can use whichever currency you want

[Anonymous No.49365604]

even Frog Inu if so desired.

[Anonymous No.49365715]

>>49361868
Based post
>t. Got liquidated on a 2x long when the entire market crashed 50% instantly and then recovered, instantly, last May.
Also, if you find other projects that seem to match BTC’s philosophy and have a low market cap you can sometimes make good money to roll back into BTC. This worked well for me with DOGE, Kadena, etc

[Anonymous No.49365744]

>>49365535
when it says max throughput 20k+ tps is that for now? or for indefinite? coz bsv can do 50k currently but aims for a lot more with teranode

also, this whole "processing tx off of the main chain" shenanigans just seems like complete bullshit. you sidestep the security and traceability that the mainchain gives you. just use visa?

[Anonymous No.49365802]

>>49365437
>no mention of failed block size expansion
This, not expanding the block size really was a stupid move that probably exacerbated the energy consumption and climate FUD that Bitcoin (and crypto in general) is facing today: https://cryptoclimate.org/

Looking at Bitcoin Cash, it's clear that the network can indeed handle larger blocks and in fact only makes use of them during periods with high demand:
- https://bitinfocharts.com/comparison/size-btc-bch.html#alltime
- https://read.cash/@mtrycz/how-my-rpi4-handles-mining-1gb-blocks-e5d09d83
- https://read.cash/@joshmgreen/reclaiming-disk-space-on-bitcoin-cash-pruning-fast-sync-utxo-commitments-698c6510

[Anonymous No.49365827]

>>49362733
Not true. Monero is the only currency that is actually used by normies out there, namely for buying weed on the deep web.
Source: my normie friend who doesn't know shit about crypto uses Monero to buy weed.

[Anonymous No.49365834]

>>49364834
Lightning.

[Anonymous No.49365845]

>>49361868
Guess that's why private institutions are the majority holders for BTC faggot. Face it, crypto is a ponzie and will NEVER replace fiat. They duped you into putting money that they can steal from you at any time. It's the next pharmaceutical industry

[Anonymous No.49365932]

>>49365744
> when it says max throughput 20k+ tps is that for now? or for indefinite?
Probably just for now, we're only just scratching the surface of what's possible with zero knowledge proofs. But the point of linking to realtps.net is that even Solana, a network supposedly capable of thousands of tps, only does around 400 tps.
There is simply not enough demand to justify optimizing for throughput, especially not at the expense of security or decentralization. Probably because of lack of mainstream adoption.

> you sidestep the security...
Proper L2s like rollups specifically inherit the security of the main network, did you learn nothing from the links I posted?

> ...and traceability that the mainchain
Only a BSV shill would think traceability is a good thing, picrel.

[Anonymous No.49366057]

>>49362733
Do you honestly think chain analysis isn't going to continue improving?

[Anonymous No.49366175]

>>49361868
> Muh Lightning network
OP if I was you, I would point to this effort instead, it doesn't suffer from the liveness assumptions of the Lightning network and might even give Monero a run for its money, if implemented correctly:
- https://twitter.com/francis__256/status/1501665548354076678
- https://hrf.org/zkrollups
- https://medium.com/starkware/when-lightning-starks-a90819be37ba
- >>49365535

[Anonymous No.49366340]

>>49366175
If starks become possible Monero will have already adopted it.
The problem with lightning is that it's completely broken and requires centralization. Privacy only works if the lowest common denominator can use it, and the lowest common denominator will not spend any time learning tor or practicing good opsec.

[Anonymous No.49366439]

>>49364994
based

[Anonymous No.49366457]

>>49361868
Bitcoin is engineered to sell a worthless useless piece of code to another person who thinks itll be higher priced one day

[Anonymous No.49366597]

>>49365827
Ill bite. Canada has legalized weed, so you can buy it at a store for cash/debit/credit. If monero’s only usecase is for buying weed, then it can be made obsolete by legalizing weed

[Anonymous No.49366628]

>>49366597
Lol, get a load of this faggot. He doesn't even know what is coming in 2030

[Anonymous No.49366641]

>>49366597
>weed is the only drug
also, how are you going to donate to controversial political movements? You sure you want to use fiat or bitcoin?
how do you want to hide your crypto wealth? you sure you want to use the easily traceable bitcoin?
You sure you want to send your friend Bitcoin so he can easily see how much you have?
You sure you want to buy something from a vendor and reveal how much Bitcoin you have so he can discriminate price against you?
You sure you want to receive targetted adds because chain analysis linked you to buying x?
etc.

[Anonymous No.49366724]

>>49366175
also lmao stark pay is total vaporware. do you maxis even look at the links you are sending?

[Anonymous No.49366727]

>>49366597
You're gonna legalize every other drug too?
Monero is used for under the table shit a ton. It may not be savory, but it's adoption, which can then leak into legal dealings where people simply want their transactions not to be public. The same way that an absolute fuck ton of technological innovation nowadays comes from porn.

[Anonymous No.49366962]

>>49366724
> stark pay is total vaporware.
No shit, in fact it was abandoned, I only included that (along with the Twitter conversation) as an example of what zk-STARKs could do for Bitcoin if the research initiative results in an implementation.

> do you maxis even look at the links you are sending?
- >>49365349
- >>49365375
- >>49365382
- >>49365425
- >>49365535
- >>49365562
- >>49365802
- >>49365932
- >>49366175
Ah yes, the Bitcoin (Cash), Ethereum, Monero maxi, truly the epitome of Bitcoin maxis...

[Anonymous No.49367038]

>>49366962
yeah man, it might give Monero a run for its money!!!!!
retard.

[Anonymous No.49367041]

>>49366340
> If starks become possible Monero will have already adopted it.
Probably true, seeing as they have already adopted Bulletproofs.

[Anonymous No.49367118]

>>49367038
Are you retarted? Sure, Monero may be (slowly but surely) eating Bitcoin at the moment, but the privacy measures offered by zk-STARKs and other zero knowledge proofs are absolutely of interest to Monero, and if Bitcoin (somehow) beats them to it, then it is very likely that Bitcoin will eat Monero.
That's a big if though, given Bitcoin's slow development: >>49365562

[Anonymous No.49367151]

>>49367118
we are talking over eachother. I saw >>49367041 and I agree with you.
Bitcoin won't beat Monero to anything. They never hardfork and their future is centralized layer 2. Sad but they are compromised at this point.

[Anonymous No.49367193]

>>49367151

[Anonymous No.49367615]

>>49364994
>A dollar bill is equivalent to another (by law)
This is literally not true as they're serialized

[Anonymous No.49367810]

This entire thread, holy shit!

[Anonymous No.49367935]

>>49367615
Even though you can tell them apart, 2 one dollar bills are still fungible because they each have the same value as currency. A unique identifier alone is not enough to make something non-fungible.

[Anonymous No.49367947]

>>49365349
Chainalysis can suck my cock, there are thousands and thousands of routing nodes, the probability they get some tx routed is minimal
Just because they can in theory (in a very limited way), doesn’t mean they can do it in practice
It’s just bullshit marketing

[Anonymous No.49368029]

>>49361868
thats good
it's still going to 5k before it goes back up though.
ill grab some then.

[Anonymous No.49368381]

>>49367947
you are naive.

[Anonymous No.49368433]

Should I buy .30 BTC ? I only have ETH

[Anonymous No.49368558]

>>49362379
Keeping my shina inu

[Anonymous No.49368690]

>>49368433
> Should I buy .30 BTC ? I only have ETH
Diversifying your investments is always a good thing.

Just as this research (>>49366175) could potentially result in Bitcoin eating Monero (as explained here: >>49367118) it could also help Bitcoin eat Ethereum by giving it access to more complex smart contracts.
Again, it's unlikely given Bitcoin's slow development (>>49365562), but it's possible and the Bitcoin community has definitely shown interest in more complex smart contracts on Bitcoin itself:
- https://twitter.com/lukechilds/status/1489989387186470913
- https://twitter.com/Regnar__/status/1490012151381176323

[Anonymous No.49369589]

>>49368690

With regards to the privacy/fungibility narrative, it was over for Bitcoin the moment the DNM Bible flipped for Monero, darknet OPSEC nerds are sick and tired of having to deal with BTC, there will be no comeback.

[Anonymous No.49371522]

>>49365802
>This, not expanding the block size really was a stupid move that probably exacerbated the energy consumption and climate FUD that Bitcoin (and crypto in general) is facing today: https://cryptoclimate.org/

larger block size would increase tx throughput and decrease energy per tx but it would not decrease the energy consumption per unit of time (wattage). pow is not a good model regardless of how the block size is tuned.