Why would it turn most people off?
Discussion
Yes please, be precise
Probably because most people are pro state?
People do not view the state as a problem too, so they are unlikely to care either way
Laziness creates the inevitable lethargic repetition of the master-slave dialectic 🤭🤣🥴🤣
Nobody in his right mind is pro state as a principle. The issue is that the principle is taken for granted.
So when I said people are pro state, I guess what I really meant is they're just going along with the default setting. Which might actually be more concerning than principled statism would be. On the other hand, humans are creatures of habit — it's just easier to accept what's already there than to question fundamental assumptions.
(Late reply — the notifications on noStrudel don't notify me)
Because for the most people outside this space the thought of destroying the state is making them anxious. It seems to them that the purpose of Bitcoin is only to destroy or speculate to get rich to the detriment of the „regular„ people. Most people are not anti-state.
Thanks for the clarification. Is that the case in Africa as well?
Depends on where you go, but mostly yes, as people get the same European education, and the same nation state systems like fiat currency are used to extract value (much more as in Western countries) and people often fear disobeying their autocratic leaders (understandably).
Most people don't make a lucid difference between the separation of money and state and the destruction of the state. The separation doesn't mean the disappearance of the state, but it's functional limitation.
True. The state could use bitcoin as money too instead of fiat and it would not mean that the state falls. The state couldn’t tax people through inflation anymore, but can still coerce them to pay income tax etc.
What if BTC is captured?
It will in big parts for a long time. On- and off ramps, regulations for business payments, chain surveillance…there is a non KYC P2P market now and it will grow. I don’t believe that it will be fully captured. At least I’m trying to help further the grassroots adoption.
I'm afraid that will remain an uphill challenge as increasing accumulation will diminish the volume of bottom up liquidity.