BITCOIN-2009 Still in TESTNET - What will Bitcoin 2.0 look like? Need Privacy

[bitfools]

BTC is still an ALT, its still in TESTNET after 8 years, ppl are still feeling it out,

It's a pyramid with BTC at the top, and +2,000 other crypto's trying to crawl up, will BTC get knocked off the top to be replaced by a shit-coin? Probably not, not from what we have seen so far, the competition is usually centralized an ran by GOV GOONS, or Proxy's. Even Monero is known to have weak ECDSA integers (NSA), and its the only coin that comes close to privacy.

BIGGEST PROBLEM today for BTC is making it ANONYMOUS,

 the ALT that can resolve the ANONYMITY problem, or most likely piggy-back BTC could be king, but so far, mixers and all have failed

The best people don't even seem to be working on this problem, there are more people working on transaction analysis, than there are people trying to make the transactions invisible.

Because finding RICH PPL and lawyers/GOV stealing their money is MORE profitable than developing the next BITCOIN (ALT)

***

Anybody have an opinion? Anybody care?

I know its just about making money, but that is only a concern of people that don't have any money,

Once you have money, once you are rich, then U become concerned with KEEPING YOUR MONEY.

Problem now is that the majority are day-traders, just following volatility cycles and not thinking about the end-game.

[1714813953]

1714813953

[The_Dark_Knight]

BTC is still an ALT, its still in TESTNET after 8 years, ppl are still feeling it out,

It's a pyramid with BTC at the top, and +2,000 other crypto's trying to crawl up, will BTC get knocked off the top to be replaced by a shit-coin? Probably not, not from what we have seen so far, the competition is usually centralized an ran by GOV GOONS, or Proxy's. Even Monero is known to have weak ECDSA integers (NSA), and its the only coin that comes close to privacy.

BIGGEST PROBLEM today for BTC is making it ANONYMOUS,

 the ALT that can resolve the ANONYMITY problem, or most likely piggy-back BTC could be king, but so far, mixers and all have failed

The best people don't even seem to be working on this problem, there are more people working on transaction analysis, than there are people trying to make the transactions invisible.

Because finding RICH PPL and lawyers/GOV stealing their money is MORE profitable than developing the next BITCOIN (ALT)

***

Anybody have an opinion? Anybody care?

I know its just about making money, but that is only a concern of people that don't have any money,

Once you have money, once you are rich, then U become concerned with KEEPING YOUR MONEY.

Problem now is that the majority are day-traders, just following volatility cycles and not thinking about the end-game.

The lack of privacy is an issue but the reason that is not at the top of the list is because we have bigger issues, if we want that bitcoin is used by billions of people around the world we need to find a way for bitcoin to deal with that, and not only that, it needs to be relatively cheap if that fails everything else is going to fail since bitcoin will not be adopted if that is the case, after that the issues with anonymity can be addressed.

[bitfools]

BTC is still an ALT, its still in TESTNET after 8 years, ppl are still feeling it out,

It's a pyramid with BTC at the top, and +2,000 other crypto's trying to crawl up, will BTC get knocked off the top to be replaced by a shit-coin? Probably not, not from what we have seen so far, the competition is usually centralized an ran by GOV GOONS, or Proxy's. Even Monero is known to have weak ECDSA integers (NSA), and its the only coin that comes close to privacy.

BIGGEST PROBLEM today for BTC is making it ANONYMOUS,

 the ALT that can resolve the ANONYMITY problem, or most likely piggy-back BTC could be king, but so far, mixers and all have failed

The best people don't even seem to be working on this problem, there are more people working on transaction analysis, than there are people trying to make the transactions invisible.

Because finding RICH PPL and lawyers/GOV stealing their money is MORE profitable than developing the next BITCOIN (ALT)

***

Anybody have an opinion? Anybody care?

I know its just about making money, but that is only a concern of people that don't have any money,

Once you have money, once you are rich, then U become concerned with KEEPING YOUR MONEY.

Problem now is that the majority are day-traders, just following volatility cycles and not thinking about the end-game.

The lack of privacy is an issue but the reason that is not at the top of the list is because we have bigger issues, if we want that bitcoin is used by billions of people around the world we need to find a way for bitcoin to deal with that, and not only that, it needs to be relatively cheap if that fails everything else is going to fail since bitcoin will not be adopted if that is the case, after that the issues with anonymity can be addressed.

BITCOIN will always be a RICH MANS coin.

The average american don't have $500 USD in bank

The average BITCOIN account is 0.05, which is about $300

The cost of transaction say $5, to send $10, BITCOIN will NEVER be a casual transaction currency.

Everywhere on EARTH the POOR use their mobile phones as money, they send phone-credit pay their bills,

The correct way to look at your problem is to integrate the phone-credit system at low fee to the end user in third world

BITCOIN is currency of the RICH, and the RICH don't want anybody to KNOW THEIR BALANCE.

I think YOUR RIGHT, most people don't care about PRIVACY, its NOT IMPORTANT to you, but POOR PEOPLE are not who drives up the price ( your only goal ) its the rich, and the rich will not adopt BITOCIN to the moon, until it can give them REAL PRIVACY.

Now GOV can follow transcation 24/7 on everybody, and U say "ITS NOT IMPORTANT", not to pick on you, but its the MOST IMPORTANT PROBLEM

Trying to USE BTC to PURCHASE CONDOM's in INDIA is a FOOLS Mission

India/Africa a condom costs more than the woman, these are micro-transactions and BITCOIN is a rich mans coin.

Perhaps what needs to be Done is more PRUNING, and focus on Satoshi's which are worth micro penny's then BITCOIN would be manageable by the poor, but SERIOUSLY why must every transaction ( purchasing condoms ) on earth be ran through one central block-chain? That sounds to me like an ORWELLIAN WetDream.

[bitfools]

There MUST be two main currencies

1.) For poor people to transact

2.) For rich people to preserve their wealth, and for poor to have a place to save.

Trying to have BITCOIN to be the 'free size' the one shoe that fit's them all in a mission of fools, or GOV control freaks.

Rich need a PRIVATE place to keep money,

So far there is ONLY one private crypto, and that be MONERO, but it has issues with weak ECDSA where NSA could potentially analyze transactions.


Everybody keeps their head in the sand pretending this doesn't matter,

BITCOIN keeps getting BIGGER but never solves the PRIVACY problem

It's almost like ONE WORLD GOV is running BITCOIN, so that they can have all transaction be a public record and control and monitor everybody, and everybody is going along, cuz they're getting 'rich'

[Lutpin]

BIGGEST PROBLEM today for BTC is making it ANONYMOUS

BITCOIN keeps getting BIGGER but never solves the PRIVACY problem

Good thing people are working on that

https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-November/015283.html

[pjusmfox]

Yes, the game is still going on. Bitcoin is the one at the top of Pyramid, and what you're saying inspires me, should we pay more attention to the real Anonymous Coin?. In fact, I like DASH, Monroe, or other coins.

[centralbanksequalsbombs]

BTC is still an ALT, its still in TESTNET after 8 years, ppl are still feeling it out,

It's a pyramid with BTC at the top, and +2,000 other crypto's trying to crawl up, will BTC get knocked off the top to be replaced by a shit-coin?

(snip)

I know its just about making money, but that is only a concern of people that don't have any money,

Once you have money, once you are rich, then U become concerned with KEEPING YOUR MONEY

The lack of privacy is an issue but the reason that is not at the top of the list is because we have bigger issues, if we want that bitcoin is used by billions of people around the world we need to find a way for bitcoin to deal with that, and not only that, it needs to be relatively cheap if that fails everything else is going to fail since bitcoin will not be adopted if that is the case, after that the issues with anonymity can be addressed.

(snip)
The cost of transaction say $5, to send $10, BITCOIN will NEVER be a casual transaction currency.

Everywhere on EARTH the POOR use their mobile phones as money, they send phone-credit pay their bills,

The correct way to look at your problem is to integrate the phone-credit system at low fee to the end user in third world

BITCOIN is currency of the RICH, and the RICH don't want anybody to KNOW THEIR BALANCE.
(snip)
Perhaps what needs to be Done is more PRUNING, and focus on Satoshi's which are worth micro penny's then BITCOIN would be manageable by the poor, but SERIOUSLY why must every transaction ( purchasing condoms ) on earth be ran through one central block-chain? That sounds to me like an ORWELLIAN WetDream.[/size]

Hi bitfools, what is the best way for a country to make its population more poor? Just two things, ban their ability to keep Bitcoins as savings and inflate the fiat currency.

What poor people do you know are investing what little they have into a pieces of stocks? or pieces of gold? or pieces of coastal real estate?

None.

With a mobile phone, these poor people can invest what little they have into Bitcoin.

Bitcoin has freed, continuing to free, and tomorrow will still free many people globally from the centrally controlled debt-based fiat system that confiscates your wealth with inflation and tax. Bitcoin is a TRUE savings vehicle. Buying Real Estate, Hospital healthcare, Global traveling, College Education gets cheaper as you hold Bitcoin.

Bitcoin is about 1% adopted by world by now and in a few years it'll be easily 2% to 3% adopted.

LOL, its apparent your figures for fees are outright misrepresentations. I've sent many small, large, and also very large transactions in the last 6 months (and this week) and there never was a transaction fee costing more than $1, and most of the fee was less than $0.30 cents. These are INTERNATIONAL and domestic transactions.

Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
If it was exactly like fiat and only did transactions, there would be no value.

Bitcoin's value is worth over $110 billion USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.

Bitcoin has all the characteristics needed combined to make the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system.

Also, when you can, try to help others in learning, you have this talent for education, right?

Maybe you can see these links (I try to currently put in my signature):
Hacks & puppets & forks - how to destroy bitcoin
How to Explain Bitcoin to a 7-Year-Old


Amazing to see global trade growth on localbitcoins as well (scroll down to see all the individual countries):
https://coin.dance/volume/localbitcoins     :



Be mindful of the Bad Actors - Avoid these:
DCG = DIGITAL CURRENCY GROUP (Barry Silbert, Jeff Garzik, coinbase, coindesk, blockchain.info, bitpay, bitcoin.com, etc) supports FUD & have/will try to infiltrate & eventually shutdown bitcoin.

r/btc reddit thread and (the other) company-controlled bitcoin website (bitcoin.com) also spread FUD but then try to accuse others of spreading FUD, LOL? Why do they push hard on altcoins (bitcoin cash, ethereum, FUD?)  Why do they push for forks?

Forks creating scamchains are a courtesy brought to you by DCG group of companies led by Barry Silbert with his fellow minion Jeff Garzik and friend Roger Ver. Central banks love to fund their seeders who in turn fund DCG operations so they can get inside the community to circumvent Bitcoin's progress and try to destroy bitcoin via forks, code, media (see coindesk) articles and social posts, funded startups, and flow of funds into exchanges (pumps & dumps).

Luckily their attempts have been marked by continuous and grand failures - altcoins...
"Bitcoin Classic" failure
"Bitcoin XT" failure
"Bitcoin Unlimited" failure
"Bitcoin Cash" failure
"Bitcoin Segwit2x" (BTC1) failure

ALTS = scams

The real Bitcoin, on the other-hand, has the highest value because of the totality of what it is - if it lacked the features of what it is, then there would be no value.

[baradfo]

Privacy would be nice to keep around, but wouldn't the main goal for bitcoin be to become the worlds currency? to replace the fiat currencies of the world? To do that the transaction issues would have to be answered and brought to Visa levels of transaction time/speed. I'm sure that there are persons working the privacy issues, but to grow and stabilize as a true currency then transactions fees/speed would have to be addressed.