enerG on Nostr: I wonder about this a lot. If ever such a distinction did happen, it would almost ...
I wonder about this a lot. If ever such a distinction did happen, it would almost certainly be because of certain authorities seeking to outlaw non-KYC bitcoin.
Of course this would not bode well for fungibility, but I wonder would such a scenario even be possible with a borderless, decentralized protocol like bitcoin?
Plus it's fairly trivial to obfuscate ownership. Perhaps in the future it will not be so easy and then maybe non-KYC bitcoin could sell for a premium. But in that case I can also see non-KYC bitcoin becoming less valuable if using it risks breaking the law.
Published at
2024-11-10 03:17:23Event JSON
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"content": "I wonder about this a lot. If ever such a distinction did happen, it would almost certainly be because of certain authorities seeking to outlaw non-KYC bitcoin. \nOf course this would not bode well for fungibility, but I wonder would such a scenario even be possible with a borderless, decentralized protocol like bitcoin? \nPlus it's fairly trivial to obfuscate ownership. Perhaps in the future it will not be so easy and then maybe non-KYC bitcoin could sell for a premium. But in that case I can also see non-KYC bitcoin becoming less valuable if using it risks breaking the law.",
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