Excellent point however, in my opinion KYC is not a Bitcoin feature or layer. It's a convenience discount we received in exchange for our privacy. Bitcoin does solve this, but most people seem to be blind to the problem you're highlighting and thus willing to bend the knee for cheaper sats. I myself am guilty of this. P2P is hard.
NEW: Natalie Brunell says, "For the first time in human history we have a form of money where the average person can start to accumulate apolitical globally traded capital to have seat at the table."
Bitcoin is Hope.
NEW: Lyn Alden just posted the most brutal chart in macro.
230 years of data showing the buying power of the US dollar collapsing to almost zero after the Federal Reserve, the Gold Reserve Act, and the Nixon Shock.
Nothing stops this train.
๐๐ก๐ ๐๐๐ ๐ฃ๐ฎ๐ฌ๐ญ ๐ฌ๐๐ข๐ ๐ญ๐ก๐ ๐ช๐ฎ๐ข๐๐ญ ๐ฉ๐๐ซ๐ญ ๐จ๐ฎ๐ญ ๐ฅ๐จ๐ฎ๐
In their latest report, they admit that fleeing local fiat for bitcoin or a stablecoin is a "rational response" by citizens in unstable economies.
But they warn against it anyway because it "decreases a central bank's ability to control its monetary policy."
They aren't worried about your safety. They are worried about their control. #Bitcoin #IMF
The progress that @grok and the @xai team have made over the past year is simply mind-blowing. I was able to import an AI image from Google Photos and be very very specific on what I wanted and it actually complied. Bravo!
This was the original image, which had a rendering of my dog's face that matched her quite well. Obviously, I recognize my dog's face down to minute detail so, when I asked Imagine to create a video animation for the drawing, the first pass was much less concerned with "identity" than it should have been. I was able to modify the prompt to request the face remain consistently identifiable as my dog, and much to my amazement it listened! I've experimented with this type of thing since Imagine was released and this is the first time it's produced exactly what I was hoping for!
We lower the cost and complexity of bitcoin cold storage with a more private, more trustless signing device that can be built using simple, off-the-shelf electronic components, and open source software. ๐งก
In 17 days @keonne will surrender himself over to the Bureau of Prisons. A pardon from @realDonaldTrump will set him free. We need your help getting 100k signatures on this petition to #pardonsamourai
https://t.co/jPoACjh3bt
@parman_the Seconded. Have struggled for years to try and find an adequate digital substitute but alas... a big open whiteboard is the king of thinking out loud.