Bitcoin has outlasted every attempt to destroy it because there is no action available to any adversary that stops the network. China banned mining, blocks continued to be produced and the hashrate recovered in six months. The architecture makes enforcement not impossible but futile.
nostr:naddr1qqgxzvf3xfjkvdf48yurvdecxycrxq3qklkk3vrzme455yh9rl2jshq7rc8dpegj3ndf82c3ks2sk40dxt7qxpqqqp65wees4up
All big nations benefit from a truly neutral digital store of value and leverage tool. They know this, and they don’t really want to stop it. They just want regular people to stop accumulating it to stop them from gaining leverage against the government.
Bitcoin will be made to be feared by the media, while they keep accumulating it and regaining control of a very powerful tool.
Agreed. Which is why they spew the Bitcoin and decentralized currency hate.
If we remember, it used to be *all* digital currencies before. Then they realized the 💵 value of Bitcoin, and then they realized what a fab imperialism tool Digital currency is.
Viola, life cycle of the Empire 🛞
What does this (e-gold, liberty reserve experience) imply for USDT, stablecoins?
Shutdown and confiscation is only a matter of time.
The KYC and privacy attack has succeeded.
#DontRiskItBisqIt
#KYCNotMe
#FreeSamourai
They dont need to destroy. They just co-opt it
How about less obvious ways of attacking it:
‘Bribing core devs’, centralising mining, making node running unaffordable for plebs, KYC trap?💥
You can't stop this train!
