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Let's apply deductive logic.

eMule is great, it allows me to download movies and music and neither the record industry nor the movie industry have managed to shut it down, in fact I have always considered it the father of Bitcoin.

Now let's imagine a scenario where politicians and states start using eMule, and some dissenting voices arise saying that eMule is already captured, that the founding principles have changed because it has become mainstream, but I can still download movies, series and music without paying, without permission and without censorship problems, what has changed for me?

Apply this to Bitcoin, you can make all the mental movies you want, but Bitcoin will remain unforgeable, uncensorable and unconfiscable whoever uses it.

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Discussion

mango 9mo ago

It's been a very long time since I've read the word 'emule' 😂

Tauri 9mo ago

Me too, but I still use uTorrent to this day.

Cyph3rp9nk 9mo ago

Emule is more alive than ever 😂

Jocelyn Hinoue 9mo ago

I have never heard of Emule, would you have the website to share i searched but found a few so not sure which to use? Thank you

Cyph3rp9nk 9mo ago

https://www.emule-project.com/

Jean DuBois 9mo ago

💯 %

Stephan Rinbaum 9mo ago

eMule! I remember using that 20 years ago after Napster and Limewire got kiboshed.

I think that you're missing something in your analogy.

What if those politicians and states started using eMule, flooding it with genuine looking files that allowed the state to track every IP that shares files in order to prosecute those people?

I know that this is slightly different than the current btc argument regarding government reserves, but it gets closer to the core argument regarding government involvement in anything. Governments never improve a situation.

As far as government reserves go, they are theft. Not just bitcoin, but bitcoin is the worst case since gold.

The neighborhood bullies, usually older kids or young adults, used to say "lemme hold that for you" - meaning that they were going to take your funds or whatever object (a toy, maybe some electronics, sneakers or a nice sweater) from you. Reserves are like that. The government takes wealth from the system for its own use and the proles will never see it again.

So the problem isn't bitcoin per se, but the government. As Ronald Reagan said: the scariest words in the world are: "we're the government and we're here to help you".