bitches gotta realize
having a bunch of normie and tradfi fiat maxis coming into your network
is not a good idea for long term health.
Discussion
And to not get all butthurt and emotional when this is pointed out to you
An open network that provides the value Bitcoin does will attract everyone. This was always within the game theory.
fair enough.
it's a question of priority.
bitcoin has prioritized normie adoption.
as a result, fiat tradfi people are going to exert whatever leverage they can on the network *in its current state*
(maybe we'll see institutional fork wars but whatever, useless to speculate.)
but the point is re priority,
bitcoin is cool but not perfect.
are we sure that the network *in its current state* is effectively censorship resistant?
since we're already inviting in the most greedy unethical people on the planet?
Yeah it is something to consider for sure. But in my mind, those concerns are specific to populations within certain jurisdictions. I don’t think it corrupts the network as a whole.
So I’m pretty confident in saying the "institutional fork wars" you speak of were in all likelihood the block size war…
Come for the gains, stay for the freedom.