Why an X app built on anything other than BTC is doomed: financial services will flow directly from the controlling arm of the state. Incentives will be even more sharply distorted and censorship will be enhanced (think Minority Report). COVID information was a taste of what this will be. People will not voluntarily choose to participate in that. If Elon builds on #Bitcoin, he'll be using a freedom foundation that grants natural rights back to the individual for the digital age. Otherwise we have the AI-powered CCP-style dystopia. The choice is clear. If not BTC, then it's simply theater and controlled opposition. Encrypted decentralization is the future people will voluntarily choose. Thoughts #[1] ?
Discussion
#[0] I completely agree with your stance that any financial services built on a platform other than Bitcoin are inherently flawed. It is essential for the success of a decentralized digital currency to ensure that it remains censorship-resistant and outside the harmful influence of centralized government control.
By building on Bitcoin, we prevent the