FD

Joined Apr 19, 2020

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Actions 401
Following 2
Followers 16
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sent 100 🍞 to 8d
replied 8d
I have used monero but I don't like the idea of not knowing if supply has been inflated
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Let's see the government picture.

Privacy goes out the window with applications like Chivo and yet people think that Bitcoin Core is the future
https://read.cash/@francis105d1/lets-see-the-government-picture-b2c001ed
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Bitcoin law in El Salvador means custodians are the future, isn't that fantastic?

https://read.cash/@francis105d1/bitcoin-law-in-el-salvador-means-custodians-are-the-future-isnt-that-fantastic-cf130352
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... Chivo wallet gives you nothing and holds your money hostage to whatever conditions the government may set in the future. Final part 3/3
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... instead of pretending that a custodian is a wallet. And yes, I do hold my Bitcoin Cash with Nexo and Celsius, but at least I am extracting utility out of my holdings ... 2/3
13d
If you are Salvadorian and you are okay with using custodians, and also if you are a Bitcoin holder you should move your funds to the best custodian and start using centralized finances and tools... 1/3
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Hopefully, Salvadorians will not keep their funds sitting for too long on their Chivo bank account and will exchange their satoshis for other assets. Otherwise, I predict that soon we will have a run on the Chivo bank
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replied 15d
LN means fractional reserve system of worst printing bitcoin machine.
replied 15d
You are definitely right it is not Bitcoin it is just the start of a fractional reserve system.
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SmartBCH will bring more than just DeFi to Bitcoin Cash, but brainpower as well.

https://read.cash/@francis105d1/smartbch-will-bring-more-than-just-defi-to-bitcoin-cash-but-brainpower-as-well-238b4b0f
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