Edward Snowden issues a stern warning to Bitcoin developers related to privacy,
As Monero surges 8% in trading, passing measly Bitcoin’s 1-2% gain.
Get the inside scoop, https://rebelnet.me/news/fd34d8450cef11206295
Bitcoin’s base protocol is never going to change, it’s become a fundamentalist faith.
Bitcoin has lost it’s status as a viable crypto-currency, starting when ETF’s were created, which had the effect of fiatizing what was before immutable, now has adopted all the worst properties of fiat money, the concept of derivatives. Derivatives is simply fakery by large institutions to get the benefit from each unit of money multiple times. These large institutions have a monopoly on this behavior. It is not possible to behave this way on an individual level. Great care should be taken as any potential new crypto-currency intermingles with the existing financial system. The Monero community has the benefit of learning from each mistake made with Bitcoin, and preventing that with it’s own digital cash.
Monero getting blacklisted / banned is actually a feature in this sense.
They don’t care because they are paid off by banksters to keep bitcoin useless as money.
Edward Snowden,
I’ve been warning Bitcoin developers for ten years that privacy needs to be provided for at the protocol level. This is the final warning. The clock is ticking.
