Live on Sui via @StargateFinance - and fully fungible across 20 chains with 1:1 movement. Powered by LayerZero.Stargate (@StargateFinance):WBTC is now on @SuiNetwork via Stargate.WBTC (@WrappedBTC) moves at a 1:1 rate with no slippage across 20 chains — powered by @LayerZero_Core.Bitcoin, everywhere. https://t.co/3uRn7QAMJW ...

the amount of btc maxis this has triggered is interestingthey've been calling it a scam since 50, 100, 200, 300, 400, 500, and so ontheyve never argued the merits of privacy, fungibility, and freedom — just denialsadwe will not let crypto become a surveillance toolCoin Bureau (@coinbureau):🚨 VANECK: BITCOIN MAXIS ARE LOOKING AT ZCASH $ZEC.VanEck CEO said quantum threats and traceability concerns have Bitcoin OGs exploring $ZEC for its much stronger privacy. https://t.co/Uh4cogPokO ...

if you reason from first principles without historical baggageZEC is the correct derivation of an internet-native SoV from a technical PoVnote how I'm not saying it's the only one or that BTC can't exist or that early ZEC did not have issuesbut when talking about gold-like properties, on top of durability, scarcity, and portability, you do need one other key trait: fungibilitycash is fungible for other cash; gold is fungible for other gold (even if it has a serial number, you can melt it)on the internet tho ...

Cryptocurrency Analysis - Bitcoin is near digital gold but lacks fungibility [1] - Unlike gold, Bitcoin's history affects its value [1] - Privacy is needed to make Bitcoin fungible like gold [1] - Zcash is mentioned as a potential solution for Bitcoin privacy [1]

RT Eddy Lazzarin 🟠🔭 (@eddylazzarin)I’ve always liked this take. That privacy — or more precisely, a lack of history — is needed for real fungibility.Cash and gold don’t tell their story. ...

encryption is not a "feature", surveillance is a bugit is disappointing how much these people have lost the plotif you don't believe me, go and use unencrypted chats for your messaging, unencrypted cloud hosting for your data, and go use HTTP internet, so all your credit card and password info leakswhile you're at it, show me all your bank accountswhere do you think the word "cypher" in "cypherpunk" comes from? what do you think the word "crypto" is derived from?this entire industry was created by the cyphe ...

bitcoin is almost digital gold but has one flawunlike gold, it is not fungibleyou can not melt one bitcoin for another, its history can be used to nullify its valueto make it fungible like gold, you need to add privacy, this is the last missing piecezcashNaval (@naval):In 1971, money changed from a natural system (gold) to a socialist system (fiat).Crypto is tech to replace socialist money with a free-market system.Market systems are inherently competitive and as tech evolves, new monies will continue to em ...

-> state-controlled money-> state-tracked money-> state-free moneythere is no freedom without privacymert | helius.dev (@0xMert_):first, money was goldthen, the state replaced it with paperafter, satoshi created digital gold, bitcointhis was a big improvement, but it was missing a core trait of real goldfungibilitya core property of gold is that it's fungible; you can interchange it with other https://t.co/joD0V1I4zR ...

first, money was goldthen, the state replaced it with paperafter, satoshi created digital gold, bitcointhis was a big improvement, but it was missing a core trait of real goldfungibilitya core property of gold is that it's fungible; you can interchange it with other goldbut once you add serial numbers and tracking, you can diminish the value and cancel it based on its historyin other words, without privacy, you can not get fungibility, and hence you can't fully replicate gold money at internet-scalethis was ...

RT sacha 🦣 (@ssaintleger)protecting individual privacy requires defending fungibilityjust like cash or unnumbered gold coins, each coin should be unburdened by its history (aka hal finney test)what i've heard from those on the ground is that the DC overton window has shifted towards zk ids and proof of innocence. but without understanding the 2nd order effects re linkability, associations, and the inevitable chilling effects that followif we don't succeed in shifting this overton window further during this ...