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I might sell BTC before end of year this year. Does anybody feel like a zero-knowledge coin is going to blow the living shit out of BTC? BTC isn't even close to untraceable like people think it is.Β
Yall already know I'm bout that XMR, but zcash has picked up too, despite the devs literally admitting they don't know how ZKP works.
Regular coins can not serve the needs of users without zero-knowledge capabilities. Stallman is wrong. The govt doesnt need to be able to audit coins for them to catch on in popularity, its exactly the opposite.
Hell, we could have crypto-govt by 2050 if we play the game well, fuck humans.
I've been staring at charts all week and I just see so much volatility in BTC and big boy st is buzzing trying to figure out how to take over crypto, it seems like the perfect storm. forex traders have almost never had to deal with this kind of ridiculous pace, I mean bitcoin has grown from 2 digits to 4/coin in the past 5-6 years. Show me a hard currency that's ever moved 100x (not zimbabwe), that's fucking INSANE.
I don't think the big boys need to necessarily get their piece of the pie, but I do believe that crypto is becoming hard to ignore from a responsibility POV for large players like GS, ML, SG, etc. The banks can't just leave a 12-digit market to its own devices, they will eventually face such pressure from customers that they'll either figure something out or just start gambling. I think there will be major pushes and potentially even source-code level infiltration by big banks, maybe even psyops like RMS tried with his stupid audit wallet or whatever. They want people to think that coins should be auditable (thereby defeating the entire purpose but lowering the skill ceiling for getting involved in crypto gambling, which means more suckers that the house gets to gangbang), and I already see certain circles beginning to adopt this thinking.
auditable blockchains will be a big buzzword soon, and it's going to be the beginning of a new era in crypto when conventional banks are running tickers and tickets on big coins.Β
mark my words, I wouldn't say it if it weren't going to happen