I did, and am still

That’s a unique interpretation

yeah i dont think anyone seriously buys into bitcoin=private in 2024 thankfully. they are still deluded on monero, but its only a matter of time.

It is similar to open source social media.

thats federation, not open source. reddit was open source for a while, but not federated – and now we are here. whatsapp uses an open source protocol, but isnt federated – some asshole hawaiian (resident of hawaii, not the other option) controls it. Signal is open source, but won’t federate, its controlled by people who are way more into crypto than helping their users (moxie was actively against federation, using such examples as email to prove how federation is a failure)

You are 100% sure that data is not getting sold?

lol no, im 100% sure its being sold in some way, no matter how many things I opt out of. while i do have a lot of privacy focused things in my life, from email to chat to phone, i just can’t find myself caring that much about someone tracking my gasoline consumption or knowing that I go to the same bar every week for game night.

the obvious downside to something like XMR is that its a ticking time bomb from a privacy perspective. at some point the security will fail as all security does, and then the data is totally public.

don’t recall, it covered both bitcoin and etherium and investigated who owned what. ill see if i can’t find it. edit: this seems to be the academic version of it, but theres a prettier journalism version with more stories and pictures: https://arxiv.org/abs/2206.02871

in this case i seem to have misremembered owners vs miners, but I’ll keep poking around. this one is also older than i remember.

Like the rest of society, some people get ridiculous wealth by luck of being at the right place at the right time. That is no reason to not have open source money.

thats not the point, there have been studies that show bitcoin is fairly vulnerable to 50% control due to early adopters and other wHaLeS controlling the currency. and the studies can show this because bitcoin isnt private.

Bitcoin Core is MIT licensed.

the software is, but what relevance does that have to people using it as currency?

thats fine, but installing youtube-local and a redirector addon is probably better than relying on some bot to pick one of 10 possible alternative front ends.

Why can’t I access Google’s individual transactions but they should have access to mine?

why are you giving google access to your transactions to begin with? all my credit card transactions are between me and visa and my credit union and the federal government, but not google.

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this gives off illegal vibes

i think its the part where he said banks, the same collection of people who supported enron and coached them on how to effectively get away with extracting billions from several states and the stock market while killing people…dont want his money.

when a bank doesnt want your money you reallll shady

I can’t find the case study, but this blockchain project by IBM was implemented in Singapore and was shown to reduce customs processing times from several weeks to just several hours.

the real question is what part of this was specific to blockchain, something that would be difficult or impossible to do without it. if you want to put forward this argument you need to at least provide a simple, clear, coherent answer to that.

in this case, i could easily argue a sqlite db hosted on gitea would work better and theres no way to prove im wrong.

the technology itself has its use cases.

https://www.youtube.com/watch?v=15RTC22Z2xI I would love to hear the counterarguments. video is <15 mins, academic setting.

Open source everything except the money.

this is a truly perplexing statement. what about a currency that is controlled predominantly by early adopters has anything to do with open source?

not smart

https://www.youtube.com/watch?v=15RTC22Z2xI