Never lose sight of the fact that THE most important and most valuable aspect of #Bitcoin is its monetary policy.
Everything else is downstream of, or in service of, that element.
We are coming from a world where people never even considered “shopping” for a particular monetary policy, but are quickly barreling into a world where if you AREN’T shopping for a monetary policy, you likely won’t make it.
Evergreen. Inaction affords no protection. 
So many fell victim to structural adjustment.
It’s imperative that Bitcoin’s monetary policy doesn’t change for any reason whatsoever.
I’m thinking this is why Bitcoin counts down to zero, not up to 21m. To change that, it would have to start all over.
I guess my concern with lightning isn’t so much that it’s a magnet for state regulation, but that it might be easier to fuck with the monetary policy off-chain.
Nah, understanding how lightning works at the transaction structure level makes it very clear that this isn’t a concern, imo. I have a breakdown of the lightning protocol on YouTube and a few episodes detailing all the parts of the script on Bitcoin Audible as well.
Getting rekt with shitcoins helps illustrate this.
Is bitcoin on the path to defunding the state? Is the money printer destined for destruction? Everything flows from that imperative
No way .. state is as important as individual liberty .. they can't exist without each other .. the key is finding the sweet balance ..
That said , its worth noting in a fixed supply monetary policy there is no illusion and hence ever decreasing incentive for manufacturing commodities.. price of commodities is a race to the bottom .. only through inflation you can fool people produce food and metals .. at a scale of 10 billion hungry mouths ..
Sound Currencies are a way to incentivize masses do what the collective needs to survive - commodities .. keyword is #sound :-)
We need both .. they balance each other - auto check mechanism - pegging helps to keep the things together ..
Get on the ark and off zero!⛵️
