if you want privacy then use a coin designed for privacy. simple as that. but to expect bitcoin to change the way it fundamentally works is kind of naive. snowden  doesn't seem to understand how bitcoin works... it's not that simple to just turn it into something like monero.



yeah at least until the IRS starts requiring people to register their gold with them, gold is pretty anonymous and private. it has no history that can taint it. you can melt it down and it is indistinguishable from all other gold. maybe edward snowden never heard of gold though.

It's like asking "Do you trust gun owners?" or "Do you trust Biden/Trump supporters?"

The demographic is just so huge and widespread that you can't really trust/untrust the entire demographic just because of that one similar interest of theirs. Each person is different.

government, banks and bitcoin cannot be combined. they have their own interests. but keep in mind bitcoin is very different because of its decentralization. Even governments are now starting to get involved in bitcoin by regulating it so they can get taxes from bitcoin transactions carried out by people in their country. Meanwhile, conventional banks are a means for us to withdraw Bitcoin into legal money in a country.

Now I will try asking you again, do you believe in Bitcoin?
If you believe, you will definitely become a Bitcoin holder yourself, even if only in the medium term.

1.It is technically possible, but the costs are higher than the potential profits.

2.What technical implications? I don't know what you are talking about.

3.I don't think that China taking control over Bitcoin will have any geopolitical implications. Maybe the only consequence would be the USA and the western world Banning Bitcoin.

4.If China takes over Bitcoin, most of the BTC developers, miners and users would fork BTC and move to the forked version of BTC. The version of BTC that was taken over by China would become useless and worthless(which makes the whole process of "taking control over Bitcoin" totally pointless).

3.

bitcoin does not promote anti-government or anti-banking, it only promotes a decentralized system of transaction systems globally. even if we look at it now, most of the bitcoin holders use centralized exchanges as their place to store or trade bitcoins, and banks to withdraw or deposit their money, so we cannot say that bitcoin holders are anti-government or banks.

even when a country bans bitcoin, but there are citizens who hold bitcoin, these citizens cannot be said to be anti-government just because they hold bitcoin, because someone who violates government regulations cannot be said to be anti-government, but a violator.

Where did you get that idea? Not everyone, especially members here, thinks like that (based on the things I've read here). I'm speaking for myself here but I HODL BTC but I'm not anti-government and banks.

I believe the POV that you are trying to pertain to is that there are people who want the government to stop controlling everything, making it anti-government but that could be a case-to-case basis. It's something that you need to understand that it's not going to be always the case unless your government is corrupt and you want to promote transparency.

Using BTC as the mode of payment makes it so that it's publicly available and can be seen. There's a lot of discussion for this.

That's a savvy insight! Your recommendation to use a cold wallet for securing bitcoins shows a deep understanding of cryptocurrency safety measures. It's a proactive approach that ensures individuals have full control over their assets, emphasizing the importance of personal responsibility in safeguarding investments. Well done bruh!

I trust bitcoin and i believe bitcoin holders but i am not anti-government or anti-banks but i believe bitcoin can give much higher profit then bank bonds or FD. bitcoin is totally decentralised crypto coin. which no one controls. and long-term investment here can get huge returns. at the beginning of Bitcoin people did not trust Bitcoin but now Bitcoin has become a very popular investment asset for the young generation and everyone trusts Bitcoin and want to hold Bitcoin without hesitation.

Having financial private life and being your own bank is financial freedom, and not anti-bank or anti-government. It is the government that is against the privacy of their citizens and wants to have control over everything her citizens are doing.

Bitcoin hodlers are normal people with different mindset, and everyone has the reason why they adopted bitcoin, if there is no trust in bitcoin enthusiasts, it means that p2p will bring more harm to the system. We have the good, bad and ugly, it is just the government that are making it look as if bitcoin enthusiasts are criminals of which we have more criminals using fiat for their illicit activities that government is even aware of but they keep don't bring it to the public.

Nobody can do without the government or banks because that is our tradition.

You should ask another question...  "Why should you rather trust Bitcoin supporters?"

The average Bitcoin supporter do not have any issues with governments, they simply buy bitcoins because it has profit potential.

There are a group of Bitcoin supporter within the larger Bitcoin supporter group that has strong views against governments, because those governments have hurt them in the past. (Example : Hyper inflation / Corruption / Bank bailouts during the previous economic crisis and the failure of the Fiat system)