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Replying to Avatar Hanshan

I think a lot of the uncanny gap that needs to be crossed is the simple recognition that regulatory capture is a thing.

Bitcoin is well positioned to avoid regulatory capture, IF people use it in a self sovereign way. if they don't, then it doesn't matter that it's a decentralized permissionless network.

TCP/IP is the classic example. sure it's a decentralized permissionless protocol. Right now you're interacting with it through a centralized gatekeeper (your ISP). nostr is great exactly because it removes one 3rd party from the situation.

if you're not a primal user, then you only have to trust your ISP to use nostr.

same with BTC, in theory.

*in practice , Bitcoin is centralizing around platforms that enable mass adoption. and people have been cheering it for many years.

this will enable centralized control JUST LIKE what happened with social media platforms built on top of a decentralized protocol.

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Hanshan 2w ago

wrong metaphor but I hope it's clear what I mean anyway🤣

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