It is my friend, it is.... at least the largest part of it is.
Woe be to all of those who think they own BTC in their #CashApp
, and other so-called #Exchange_based_wallets
- ask yourselves this: "Why do you suppose that you have to include a **memo** when you give someone your key (aka: your public key is colloquially referred to as your "Bitcoin address")?
Answer, because you don't actually have a wallet! because you're not your own bank, people. But it is so easy for you to be your own bank.
How many people have actually asked themselves why, that along with your bank account number you also need a routing number? Think about that folks ;) Why, when you have a BTC address, do you also need to give your customer a memo to include in the transaction? It's not completely analogous, but It's #kinda_sorta
the same thing lolz.
I highly recommend XLM and shielded ZEC for banking purposes, and further, giving a quick listen to Zooko Wilcox explaining how to actually protect your private assets, and keeping them private:https://gary.vger.cloud/videos/watch/8662a281-8f61-4df7-b6e7-5af63c1f2caa
Now, as people (smart people, informed people, literate people - not ignorant people) begin to affect the mass exodus away from the privacy disrespecting monolithic silos of the secretive, data mining social media monopolies, they should also be looking towards the less volatile, less speculative crypto blockchains (i.e., NOT Bitcoin, which has little to no use case) as a place where their assets are safe from the dystopian lords who insist upon the fealty of their serfs in their structurally feudal empires.
We can all start by encouraging people to pay you in the crypto of your choice, and when ask to send money to someone always responding with, "What's your public key for your favored cryptocurrency?".
Just like anything else (especially in marketing 101), when someone hears this enough they'll actually go out and either setup a hot or offline wallet for themselves or ask someone to show them how - each and every time that happens, you have saved a soul.
Remember folks.... You can haz #Cheezburgerz
All the best! :)