That example isn't unique to bitcoin alone. It applies to all KYC'd "crypto" including monero.
I mean, thats one of the reasons bitcoiners have this HODL culture. In most countries there IS a capital gains tax from spending bitcoin. So why would one spend it when they could spend their worse money first.
There's an argument that this kind of thing might be good as it shows why noKYC often comes at a premium but its worth it.
OT
npub1sm…pxn8w
2024-09-08 21:36:34
in reply to nevent1q…95h5
Author Public Key
npub1smreuk4gcs0k3jdz8zzckzxy6c7pkr8x6nafd5e2jr0jt0vrkpeqvpxn8wPublished at
2024-09-08 21:36:34Event JSON
{
"id": "0855b107088720f30dbf98d34bf4fc29c1ea451bd20b67c17eee95e8876aab0c",
"pubkey": "86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072",
"created_at": 1725831394,
"kind": 1,
"tags": [
[
"e",
"c4fc1c39487d3ecd6ad6745d935a91af8fb176986f677fc4c9315709ab883764",
"",
"root"
],
[
"e",
"2227ce20d1140877892eeb04f1f248082fe8480ea226f624daca15a69c61695a"
],
[
"e",
"611d0b4d6ba93a59cf49151c12d8417ec9424575491d19ba11d0ad65b362d71f",
"",
"reply"
],
[
"p",
"86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072"
],
[
"p",
"ac3f6afe17593f61810513dac9a1e544e87b9ce91b27d37b88ec58fbaa9014aa"
]
],
"content": "That example isn't unique to bitcoin alone. It applies to all KYC'd \"crypto\" including monero. \n\nI mean, thats one of the reasons bitcoiners have this HODL culture. In most countries there IS a capital gains tax from spending bitcoin. So why would one spend it when they could spend their worse money first.\n\nThere's an argument that this kind of thing might be good as it shows why noKYC often comes at a premium but its worth it.",
"sig": "8b278b8e51d5e47923e612033d5d1c9dd0d8b7629fab81cf78da3f22f203c51e301f97469aa6ba5cc4ef39861f7022210d2234ed306be686411201baf9244e02"
}