Replying to Avatar The Fockin’ Fury

I think you’re taking some liberties with the substance of the bitcoin white paper. The product is aimed squarely at disintermediating financial institutions and enabling trustless peer to peer transactions. The whole “individual rights” thing is a narrative that was ascribed after the fact—as righteous as it sounds. Bitcoin is a new model for payment rails and storage of personal wealth, that’s it. Beyond that, it is exactly what the end user decides it is.

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Jeff Swann 2y ago

Decentralized & permissionless storage of personal wealth makes it impossible to "eat the rich" or to tax via inflation which is necessary for UBI & other forms of endless govt spending.

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