After thinking about the last time more and more about Bitcoin, I see there is a huge problem.
And I don't talk about energy fud, or saylor dumping his coins now and other shit going on.
The problem is blacklisting wallets,
Ok someone steals a lot of Bitcoin from an exchange or project, ok that's not cool.
Today funds become blacklisted. Sure there are ways to wash them clean, but that's not the point.
If Wallets can be blacklisted, it's not censorship resident. Yes, you can send the coins, yes everything works, but you are unable to sell them in some way.
Ok, that's a legit reason for a Blacklist right?
But wait, there is a problem.
Blacklisting (mining) pools. Blacklisting people from countries with sanctions.
Oh now we have the problem. Bitcoin becomes political.
VERY BAD.
And before some smart guy says " there are always a way around". Sure but that makes Bitcoin a shitcoin.
I mean think about:
Bitcoin is no any more censorship-resistant.
It's perfect to track,
it's worse than cash.
If some wallets, for example, Russian mining wallets get blacklisted,
and they can't sell it ( i know they can play around),
It can be a massive decrease in hash power.
Bitcoin needs an update or it will die at some point.
Not anon = no future.
And before you disagree, some people I know would never invest in hive because of the "freeze funds" stuff that happens in the past. I think a lot of high networth people have a problem with it. Doesn't matter the reason.
The same could happen to Bitcoin, what could bring more FUD?
Start with XYZ and expand to whatever.
HUGE PROBLEM
For liquid hive we should find a way to make it anon. For all hive assets that do not hive power.
Why not hive power? Because of voting and abuse.
Would be IMO something that people would love.
An Anon stable coin, how cool would it be?
HBD is the first Anon stablecoin. I think that could really boost the value of the moon.
Think about it!
