Bitcoin is widely seen as a universal solution to counter censorship, sanctions, and seizures. Bitcoin fixes this? However, a critical examination shows that Bitcoin is only suitable for this purpose to a very limited extent. Its low seizure resistance and lack of privacy in particular make it a blunt sword.
There are seven points of attack to prevent the use of Bitcoin by hostile individuals, nationalities, and their supporters: #1. Centralized exchanges, #2. Bitcoin mining, #3. Bitcoin wallets, #4. Bitcoin soft fork, #5. Bitcoin user's identity, #6. Transaction validity, and #7. General anti-circumvention rules.
It is wise to understand the limitations of Bitcoin's capabilities to finance a protest, or war as well as to circumvent sanctions, before learning this the hard way. #Monero brings you the tools that Bitcoiners do not consider necessary until they are put in jail.
High value Bitcoin transactions and its technical, legal, and tax implications should be fully understood before the first step is made.
PUGNATORIUS offers guidance and transaction support to get the Bitcoin acquisition or sale, storage or usage, tax structuring or mining done successfully, efficiently, and in full compliance with legal and regulatory requirements. These services are accomplished in a highly confidential business environment.
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PUGNATORIUS is an official Community Sponsor of the Bitcoin Mempool Open Source Project, building a mempool and blockchain explorer for the Bitcoin community, focusing on the transaction fee market and multi-layer ecosystem.
BITCOIN AND MONERO SUPPORTED SINCE 2009/2014
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