If bitcoin is to be successful in the long-run in avoiding being co-opted by the government, it is going to need to be sufficiently robust.
Creating alternative tx relay networks and private tx broadcast mechanisms is a great way to increase robustness.
I’ve felt for a long time like a temporary period of co-option was inevitable on the way from here to there. I hope to be wrong about that though.
From your perspective, how does the co-opt play out? Where’s the vulnerability that could get exposed?
I think we’re likely to see a period of time where digital fiats CBDC’s are issued against bitcoin. There’s nothing that bitcoin can do to prevent sovereigns from issuing their own currencies.
Would love to see the US go #cashumafia
Are you referring to a btc backed cbdc?
Yes
Cbcd’s are a horrible idea, but from the issuers shoes, I can see the value prop. Come use our hard spyware money it’s better than theirs… could this cascade in to others backing their cbdc with btc to compete?
Is this one of the step changes to btc as reserve currency. So many questions…
Money for enemies comes to mind.
3 things that have been on my mind are;
Mining centralization
ISP’s
Apply Pressure on Bitcoin core developers
🤷🏻♂️
Very cool post. How hard is it to practically ban tor though? Seems like you need to basically cut off the internet, so I'm not too interested in nostr-tx-broadcast since I don't see the benefits over Tor. Totally possible that I'm missing something, as is usual.
LNMesh though, now we're talking. That's super exciting! Not just for areas hit by natural disaster but also in poor countries with unreliable power.
Can’t hurt to build in redundancies! If Tor goes down or becomes unreliable, which has happened in the past, it’s good to have fallback options.
