… or we see the proliferation of a million grey market ecash mints.
In the meantime we take our time to find a trustless way to scale self-custody.
Life finds a way
Discussion
i don't think grey (if we take grey as unofficial but not illegal) market ecash mints exist. In the eyes of the state money service business is either licensed (white) or illegal (black).
That definition makes sense. I’m just wondering if someone runs a mint for family and friends, how will it be distinguishable from any other raspi on tor?
I guess its not, but that doesn't solve anything really. its possible to do it now, but outside of the echo chamber theres only a tiny amount of economic activity happening on bitcoin outside of trading.
The problem is not how to run a black market mint, the problem is that there is little(or none) demand for it. A lot of the things are possible already, others could be solved given enough demand that would actually pay for the solutions or usage.
but none of that negates anything on the playbook i've posted.
Our problems are not technical, they are philosophical and spiritual one. Coercion to our society is like water to the fish - we've never known anything else. And that makes it very hard for people to break the walls in their minds, to see through the bullshit and opt out.
I agree with everything you’re saying. I guess I am optimistic… people need a certain amount of pain before they are ready to wake up, both philosophically and spiritually.
I’m currently (re)reading Awareness by Anthony de Mello. I can wholeheartedly recommend it as a reset for the mind. It’s a great read if you like to laugh about yourself :)
FWIW I’m also quite optimistic on MoE adoption of bitcoin… it will start with small businesses demanding payment in bitcoin. I’ve run my coaching business almost exclusively in bitcoin for the last two years. I learned a lot about the pain points and am working on a new product to make it easier⚡️