RE: Was Buffett Right About BTC or Will it Bounce Back?
The fed can only KYC services services. However Bitcoiners aren't dumb. They been building decentralized services. Bitpay? Btcpay was made. https://bitcoinist.com/btcpay-core-developer-better-bitpay/
Shapeshift? A decentralied one was made: https://bitcointribune.org/2018/08/22/ln-submarine-swaps/
Binance?
https://atomicwallet.io/
https://sparkswap.com/
and more :)
Plus just incase Bitcoin will be adding privacy features next year:
https://bitcoinmagazine.com/articles/bitcoin-privacycoin-tech-making-bitcoin-more-private/
Fed will control but not completely as long as we are are here.
Good point; but, I think for the long run the meaning of decentralized will 'change'. The government's involvement will be the catalyst.
Cough looks at your Ripple.....
But yeah get your point. However Bitcoin will remain as the gold standard of how decentralized a coin should be.
FYI: You should save money to buy this book: The Bitcoin Standard: The Decentralized Alternative to Central Banking Hardcover
by Saifedean Ammous
If there was like a "bible" for bitcoin that the closet one lol.
The bitcoin book will help you understand how much a gift bitcoin is. I wish there was a way to make this book the number one thing all crypto investors read but oh well 🤷♂️
Thanks for the tip! I am always looking for something good to read; and, will definitely add this to my list.
For sure about that; and, currently anyone using an FDIC bank for transactions is an open book. Of course, for most that's not a problem. I merely infer that anytime banks are involved, crypto is not as 'decentralized' as they tout.
Best regards.
Peace.
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