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Is Bitcoin perfect? No.

Is it better than predatory bankers, seven talking heads in a room and governmental interests and influence dictating monetary policy? Is it a more global, open, and opt in system than restrictive banking and KYC practices by most fiat currencies?

Is it open source and being built in varying ways with trade offs abound by a community of interested participants? Maybe.

I'll admit it is still subject to attempted capture, paper derivatives and shilling narrative of many inflooorancors, and as it continues to produce blocks will continue to be interpreted in millions of ways by millions of people.

Nothing is perfect. However, to me an auditable supply with capacity to be custodied outside an intermediary to protect from many of those threats is better than just accepting the current situation of things and being bound to strictly your jurisdictional mandated currency.

No. I don't truly believe Bitcoin literally directly "fixes everything" and there are still fork debates, regulatory threats, as well as cult like communities and abuse by truly heinous activity, I'd even argue from the goverments themselves that decide to embrace it that some are so quick to parade as success stories. I don't have all the answers nor presume to.

And truthfully if it all is a dire as it often seems, might I suggest a life-straw and as much ammunition in calibers you may or may not be capable of utilizing or trading with. Maybe some cigarette cartoons and booze.

I enjoyed you're note though. Sorry for the non proof read ramble.

I hope you're a closet whale ready to dump on my "market" 😂🫡🫂

SubconsciousErosion_0x0 2y ago

I think your comment is wabi-sabi 🤙

I don't things are supposed to be perfect.

I like people acknowledging that. I'm glad you liked it.

And it's definitely better than owning something that bogs you down with extra fees and restrictions.

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Discussion

poe😱 2y ago

There are a lot of things I struggle to think through with this, scalability, utxo becoming unattainable for the very ones this finite scarcity should in theory benefit pricing then out of final settlement and having to trust intermediaries, consensus debates and the ability of that to be swayed in the eyes of the public of what "real" Bitcoin is versus what the predominate ruleset being ran by noderunner dictates.

Purportedly hashrate would follow and longest chain of most computation would win,but with mining pool centralization and potential capture by those with more funding to sway narrative, with more attention being brought on it in the short term could creat confusion and unsureness.

I don't know. I've thought about a lot of this as an idiot and some of it worries me. But things also progress and change.

I guess what I'm saying is I see and respect your concerns and hesitancy. I just can't see a fairer, more voluntary protocol and network maintain a ruleset for "all" currently. And as jaded as I am, it actually makes me optimistic sometimes 😂

Even enough to meme.