That's a pondering face. Nothing long about it. Bitcoin is the separation of money and state. This smells awfully like a regulatory capture ask by a large institution in the space. At a minimum it's asking for hand outs or special treatment from big daddy govt. I understand it's an incentive aligned write up but I'll remain skeptical.
Discussion
Valid point, but Bitcoin is for everyone despite what we might think.
Ofc. That's not my concern. My skepticism stems from pushing for State capture.
I totally agree, but, if Bitcoin is as antifragile as we believe it to be…
1) it shouldn’t matter
2) wouldn’t we want our homeland leading
I used to think that as well, and don’t get me wrong - I don’t WANT state capture. I do think though it is inevitable AND simultaneously believe the protocol can withstand human fallibility in any form.
Antifragility is a time function. Mistales can take some time to rectify once made, ever for an antifragile system.
Well said.
State capture == failure.
">> 'You will not find a solution to political problems in cryptography.'
Yes, but we can win a major battle in the arms race and gain a new territory of freedom for several years.
Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own."
Satoshi Thu Nov 6 15:15:40 EST 2008
I2P, Yggdrasil, Reticulum, GnuNet
Take a look at them all
I wouldn't want our Homeland leading
Give all the bitcoins to the people of Gaza imo
That's retarded
You want me to be smart? OK. The Bitcoins wouldn't really help the people of Gaza if they don't want to bribe their enemies to stop bombing them, which I wouldn't. So don't give them all your Bitcoins. Just stop bombing them, or I will take your Bitcoins.
Touché
Also, there's an important difference between your homeland and the state. Why would you welcome a thief into your home?