Replying to Avatar gsovereignty

Daily reminder: there is no such thing as a Bitcoin company (or a nostr company).

A Company is anchored in the State and may be called upon at any time to "comply" by acting as a branch of the State (giving up user details, banning certain users/customers/transactions, etc etc).

"Bitcoin companies" and Bitcoin can't both survive. If Bitcoin keeps growing, we enter the criminalization phase next. Bitcoin companies will comply with the State or be shut down.

"Nostr companies" and Nostr can't both survive either. If nostr becomes large enough, any "nostr company" will comply with the State or be shut down.

The biggest lie that Governments like to propagate is that humans can't spread risk and collaborate without registering a Company (or Security) of some kind. We've been collaborating and distributing risk longer than we've been human, there are indeed ways of doing this without the government stepping in to mediate our relationships.
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Kontext 2y ago

Small scale or cloud based, sure. Do your stuff without "registering" yourself with any centralized authority. Large scale though, or if what you do has a high level of interaction with the fiat world, it is probably necessary (at least for now) to be a "Bitcoin company" or whatever.

The way to minimize the risks associated with that is:

1) Minimize exposure to fiat currencies and legacy financial institutions

2) Decentralize your company (register in multiple jurisdictions), allowing yourself to hop to another country in case things go poo-poo in your "main" jurisdiction

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