zcash is bitcoin but actually private instead of wishfully-imaginary private
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Sonya made a statement that X is true of a set Y ("cryptocurrencies ARE"). I criticized this because for y in Y, ! X. You are criticizing me bc if we edit the original statement to replace set Y with set Z, then - no stop
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I think the word "cash" is causing confusion. Cash entails zero reporting of transactions. Satoshi called Bitcoin "electronic cash", which is obviously a bad name; BTC is not cash at all. Something more like Open Transactions's "digital cash" better fits the word cash.
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the word "cash" isn't causing ME any confusion who do you think is confused? me? Sonya? Someone else?
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C'mon man, Monero and Zcash
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I think even the transparent ledger isn't a dealbreaker as long as there's sufficient decentralization that the state can't stop you from transferring your BTC. And at least it only records the amount being transferred, and no date about the actual transaction.
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All I know is that I bought ETH a year and a half ago when it was climbing vigorously. Then I woke up one morning, and I was in the red. The bankruptcy trustee of a Japanese BTC exchange released several hundred million $$ of BTC into the market. ETH paired to BTC, both crashed.
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BTC is anonymous enough with the proper precautions like coinjoining. Agreed there’s plenty of room for more privacy though.
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Fedcoin is coming. It will be illegal to own Bitcoin, and the dollar will be phased out.
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Where do you land on free banking?
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