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Author Topic: Bitcoin Trump Bump = ~7% (womp womp)  (Read 891 times)
Z-tight
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November 09, 2024, 02:54:43 PM
 #41

But you can use Bitcoin just fine without a mixer. At least 99.9% of people who buy and sell Bitcoin don't use a mixer.
Yeah, you can use BTC without a mixer, but what is wrong in using BTC with a mixer? Yeah, nothing. You cannot tell people what they should and shouldn't do, if they want privacy and decide to use a privacy solution, i believe they should be allowed to do so. Even if you are correct that 99.9% of bitcoiners don't use mixers, the remaining 0.1% should be free to use it if they want to.


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Ultegra134
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November 09, 2024, 04:05:18 PM
 #42

That's what I also expressed when Trump got elected but a few people were quick to get upset with my statement. I highly doubt that Trump's management is going to have any significant impact on Bitcoin, I don't believe he's going to change any laws regarding cryptocurrencies. This positive movement occurred because Bitcoin enthusiasts rallied for Trump after a few statements he made supporting Bitcoin and recognizing it properely (he had previously said it's made out of thin air in 2019). This momentum is what pushed the price even further, I doubt that Trump is actually going to help Bitcoin in practice.

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legiteum (OP)
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November 09, 2024, 04:23:47 PM
 #43

But you can use Bitcoin just fine without a mixer. At least 99.9% of people who buy and sell Bitcoin don't use a mixer.
Yeah, you can use BTC without a mixer, but what is wrong in using BTC with a mixer? Yeah, nothing. You cannot tell people what they should and shouldn't do, if they want privacy and decide to use a privacy solution, i believe they should be allowed to do so. Even if you are correct that 99.9% of bitcoiners don't use mixers, the remaining 0.1% should be free to use it if they want to.



I won't debate mixers here, but the notion that mixers are so critical to Bitcoin's success that to eliminate them somehow kills it is just not so.

Banning radar detectors is not the same as banning cars.
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November 09, 2024, 04:34:08 PM
 #44

Yeah, you can use BTC without a mixer, but what is wrong in using BTC with a mixer? Yeah, nothing. You cannot tell people what they should and shouldn't do, if they want privacy and decide to use a privacy solution, i believe they should be allowed to do so. Even if you are correct that 99.9% of bitcoiners don't use mixers, the remaining 0.1% should be free to use it if they want to.
It's not wrong if you care about your privacy and you can have it with controlling your inputs, outputs well. If you want more, you can use Coinjoin for your transactions and mixers are farther than Coinjoin.

I agree that individually it's nothing wrong when you use Coinjoin or Mixers, but you can have problems with centralized exchanges if you send your bitcoin there after a transaction with mixer or Coinjoin. You might have very small risk of issues with government but with centralized exchanges, risk is not small. Especially in recent months, many big centralized exchanges turned to be favorite targets of DOJ and expensive law fees.

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November 09, 2024, 05:21:56 PM
 #45

But you can use Bitcoin just fine without a mixer. At least 99.9% of people who buy and sell Bitcoin don't use a mixer.
Yeah, you can use BTC without a mixer, but what is wrong in using BTC with a mixer? Yeah, nothing. You cannot tell people what they should and shouldn't do, if they want privacy and decide to use a privacy solution, i believe they should be allowed to do so. Even if you are correct that 99.9% of bitcoiners don't use mixers, the remaining 0.1% should be free to use it if they want to.


This is true and I definitely agree that ae shouldn't tell people what they should do and shouldn't do as it is their bitcoin to start with. There are reasons why they want to use mixers like having privacy and such. Using mixers doesn't mean they are laundering money but because of what mixers do is what makes them think that people who are only aiming to have better privacy are also laundering money by using mixers when the truth is they are only trying to keep their privacy better.

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November 09, 2024, 10:05:41 PM
 #46


3. Trump's policies involve a lot of new risk to the US economy. Trump has promised two gigantic changes to the US economy: massive import tariffs that will trigger a worldwide trade war, and the deportation of 20 million US residents, millions of whom work in key labor markets. Although it remains to be seen if Trump will actually implement these promises (the markets right now are betting he won't), this certainly adds risk that was not there under Biden.

Trump is an economist and an entrepreneur, let's just give it a time to assume office and structures how he can manage the compatibility on how he can actualize those p promises. Probably those encouraging false alarms on his policies could be wrong at end.
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November 10, 2024, 01:56:37 AM
 #47


3. Trump's policies involve a lot of new risk to the US economy. Trump has promised two gigantic changes to the US economy: massive import tariffs that will trigger a worldwide trade war, and the deportation of 20 million US residents, millions of whom work in key labor markets. Although it remains to be seen if Trump will actually implement these promises (the markets right now are betting he won't), this certainly adds risk that was not there under Biden.

Trump is an economist


ROFL

If you even had the remotest clue about Trump you would understand how ridiculous that sounds Cheesy:D:D.
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November 11, 2024, 04:54:41 PM
 #48

I won't debate mixers here, but the notion that mixers are so critical to Bitcoin's success that to eliminate them somehow kills it is just not so.
I never said banning mixers is going to kill BTC, surely BTC will survive without privacy solutions. However, since there is no privacy in BTC's protocol level, privacy solutions like mixers become imperative for people who want anonymity, that is what i am saying, and so banning mixers affects people who to use BTC anonymously, not that it affects the network in itself.

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November 11, 2024, 04:57:20 PM
 #49

Trump is an economist


ROFL

If you even had the remotest clue about Trump you would understand how ridiculous that sounds Cheesy:D:D.


He is a businessman.
Not an economy guy for sure  Grin

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