bitcoin NEEDS to be challenged to get stronger

1000s of faceless coin mixers instead of one whirlpool

1000s of local LSPs instead of one phoenix

1000s of local P2P trading venues instead of one coinbase

1000s of micro miners instead of one marathon

if consolidation of service providers wasn’t a problem the federal reserve would have been just fine

bitcoin itself, and the way people use it MUST adapt to be able to route around single points of failure. the samurai case couldn’t be a better wake up call

it’s all about the ROI on violence. if the state cannot jail 10000 “unlicensed money transmitter” it will give up