kdot | bulk
26.2K posts

kdot | bulk
@kdotcrypto
orderbook oligarch | co-founder @bulktrade
Katılım Mayıs 2013
1.5K Takip Edilen11K Takipçiler

@kdotcrypto the use case imo is unconfiscatable sov + p2p transfers under authoritarian conditions (which i unfortunately expect to be up only over the next decade)
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@8bitpenis I know it often gets taken this way but I love this space and just refuse to deny these problems exist
Something is wrong and we're gonna fix it
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@minnus it seems the finish line (which is really just the start of the race) is now in sight
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@8bitpenis Ramps, king… Even compliant DEXs
If a wallet has used ‘x’ protocol, sanction and gg
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Yeah I don’t see how these won’t get giganuked to oblivion if any company tries to make a product out of it
Like what happens either side of the these transfers? And if it did really do its job, I can’t see regulatory bodies allowing them to operate (via sanctioning and making compliant protocols blacklist any wallet either side that has interacted)
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a country trying to ban an asset vs sanctioning or flagging a product/company is different though
but yeah not necessarily saying it'll 100% happen, but i'm assuming this is why the privacy meta isn't really priced high rn, seems like too much risk
what the likely result is, is that privacy in terms of public facing visibility, but progressive disclosure to authorities, which imo kinda negates the main value prop and isn't how its currently marketing marketed
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china tried banning bitcoin and they have one of the largest crypto communities
unless the whole world turns full Orwell, there’s always going to be ways to get around it
i agree though, this is a concern which is why we must not only fight via code but seek out all the politicians who dont see human rights (which includes privacy) as something important and destroy them
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@uriklarman Although I agree, the issue I foresee is when you go to realise any funds from them into fiat
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@kdotcrypto wallets can & should be self-hosted
it's a failure of ours that they're not
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