I don’t think Bitcoin can be captured but it depends what you mean by captured.
But I do have to say that “friendly government” is an oxymoron. Government is evil by nature and cannot be friendly.
Discussion
Is El Salvador Bitcoin friendly in your opinion? Genuine question.
People can be corrupted, people can be led astray, people can get rug pulled. Bitcoin itself cannot be. The old world will either get on the train or get run over. I'm not sure why people have been so hysterical recently.
Not really. The government took out an IMF loan recently and announced they are providing free electricity and water to 95% of the citizens. Where is that money coming from? They also are scaling back bitcoin stuff. Businesses are no longer required to accept bitcoin payments. Not sure which direction they are going but enslaving the citizens with an IMF loan is bad news. Idc if they’re stacking bitcoin. That Bitcoin does not belong to the people.
Their people are not inslaved and requiring Bitcoin to be accepted by businesses is big government. All I'm saying is that there is such thing as better and worse government.
So you view it as the lesser of two evils.
My view is that it is still evil. Would you rather live under Stalin or Mao? They’re both bad choices. I believe that the point of Bitcoin is to separate money from state. I think that’s what satoshi wanted to accomplish. I don’t think integrating it into the government is what he wanted. I also don’t think that it is clearly good for Bitcoin because backing the dollar with Bitcoin extends the life of fiat. Unless you only care about NGU which is also valid. That’s my opinion though, we don’t know what the future holds.
Would you rather live under Stalin or Washington? Much less of a straw man. Think on it.
I agree that the government is evil because it uses force to exploit people. But there isn't a reason it has to be that way. If Bitcoin is here to fix money and fix that relationship, it will be adopted by governments.
Bitcoin separated money and state in 2009, but only for people who use it. Supportive policies lead to more people using it. Very simple.
I would rather live under neither but obviously Washington didn’t have millions die under his rule. But if you’re implying that trump is anywhere close to what Washington was then we are probably never going to align on our views lol
So 100 years from now, you think the dollar will still exist and will be used at a large scale?
Go back and read this whole thread. I'm not sure where you're getting my views from but nowhere did I say "Trump = George Washington" or "The dollar is here to stay".
Here are my points.
- evil is not black and white
- there is such thing as better and worse governments
- I would rather my government support and encourage use of my money rather than antagonize me and criminalize it
- Trump positioning the US "pro-crypto" brings us closer to a Bitcoin standard
I ideological align with you on a lot of stuff but I've been noticing recently just how out to lunch some libertarian takes have been. No serious person thinks we are all just going to wake up tomorrow in a beautiful free and capitalist world with no government and no taxes and no corrupt politicians. Progress towards that goal starts with understanding where we're currently at and working off of that. A few tiny steps in the right direction is a good thing.
We won’t just wake up in a world like that but we can take small actions to get there, you’re right about that. I just don’t think a Bitcoin reserve prolonging the life of the dollar is contributing to that end goal. It doesn’t really matter though because governments are going to do what they do.