Post by 163zYk…7PsF

Y 1mo
1Gwece…AV6R Unverified · twetch

The question is what kind of society you are dealing with.

In a free society Bitcoin is great. In an increasingly totalitarian state it is a big problem.

Bitcoin was made with the boomer mindset that the state isn't just necessary, but good and desperate to become accountable.

This is, of course, ridiculous. The state wants the people to be transparent while it itself remains completely non-transparent.

There is no solution, only trade-offs:

As long as there is a criminal state, the crime that might be enabled by private money is nothing compared to the crimes perpetrated by a state that has full surveillance/control of the people and their transactions.

237 107 sat
Unverified · twetch

The peculiar thing is that you can have private transactions on bitcoin.

What the chain says
Block
964 592
Time
2026-08-30T14:49:31Z
Signer
163zYkEX4ThjpiiQeHV77EfFmwe7Ne7PsF
App
twetch
Type
reply
Content type
text/markdown

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 163zYkEX4ThjpiiQeHV77EfFmwe7Ne7PsF Unverified

Replies (1)

Y 1mo
1Gwece…AV6R Unverified · twetch
Replying to@163zYk…7PsF

You mean ZCash?