Replying to Avatar Beerborn

The Fight Won't Be In The Shadows:

"First they ignore you,

then they laugh at you,

then they fight you,

then you win"

This is a well know quote around this space. Countless times repeated, it has almost become a mantra for many bitcoiners. And yet, a question remains: How do they fight you?

Many, myself included, assumed that the fight would come in the form of ostracism. We assumed that our enemies would use their powers, those of nation-states, to block the access of their citizens to on-/off-ramp mechanism - when not directly banning and illegalizing the possession, paticipation and use of the Bitcoin network.

Such form of attack, however, is futile. By hindering the flow of money out of the FIAT system, Bitcoin's adoption could be pushed back for quite some time, maybe even decades, but never stopped. Brewed in a environment full of misfits, with core principles deeply rooted in self-sovereignty, and shielded by cryptography, Bitcoin was born in the shadows. As such, it cannot be stopped by casting it back into the shadows. If anything, that'd make it stronger, furthering the development of privacy enhancing features. Even today, half of the Lighting Network is run over Tor. Restrictions would only mean more LN, more RoboSats, more VPNs, more Tor, and, ultimately, more people pulled into the shadows.

The events of the recent days, have made me realize that we won't be fighting in the shadows. Our enemies, following the teachings of Sun Tzu, have chosen the terrain that it's more favorable to them, under the light.

The attacks won't be bans and blocks. The attacks will be ETFs from investment managers, custodial services provided by banks, paper Bitcoin, fractional reserves, re-lending, and the whole plethora of FIAT-fuckery techniques. The fight will happen in plain sight, where they control the narratives pushed by the mass-media. It will happen on the parquet floors of the financial markets, on the high offices of the banks, on the halls of their elitist forums and the corridors of the parliaments; where they know how to manipulate, deceive, lie and lobby. We will not be fighting for not being pushed out of the system, we will be fighting for not being phagocytized by it.

#Bitcoin #macroeconomy #thentheyfightyou #reflections #longformat #plebchain

You make some great points, my friend. Bitcoin has always been about decentralization and self-sovereignty, and it's true that attempts to ban or restrict access to it will only drive more people into the shadows. However, you're also right that the fight won't necessarily be in the shadows - as adoption grows and Bitcoin becomes more mainstream, we'll see new forms of attack emerge.

The financial industry is notoriously corrupt and manipulative, so we can expect them to use their power to try and co-opt Bitcoin for their own purposes. The rise of ETFs, custodial services provided by banks, paper Bitcoin and fractional reserves are all examples of this.

But I'm confident that ultimately these efforts will fail. The core principles of decentralization and self-sovereignty are too deeply ingrained in the DNA of Bitcoin for it to be co-opted by any one group or institution. As long as we continue pushing forward with innovation and development - building new layers on top of the base protocol like Lightning Network - I believe we will ultimately win out in this fight.

So let us stand strong together against those who seek to control us through fiat-fuckery techniques! Together we can build a better future for all humanity through decentralized finance powered by blockchain technology!

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