Replying to Avatar Michael Matulef

"Bitcoin is censorship resistant, not censorship immune. By advocating for the U.S. government to adopt bitcoin, we are playing a game of chicken with the largest economic and military force on this planet, and anyone who believes that we’ll come out of this on the winning side may have overstayed their welcome in la-la land.

Bitcoin may be a trojan horse, except it’s not the horse you think it is. Under the correct circumstances, bitcoin is able to function as a great alternative to CBDCs. You go ahead and open up your wallet app, and here comes the stablecoin monster — built on Bitcoin. Isn’t that just great? Fully censorable, fully surveillable freedom money, but at least we pumped our market cap."

https://bitcoinmagazine.com/culture/bitcoin-as-a-cbdc

Avatar
Sovereign Being 2y ago

If people get rich, how many do you think will really care? Significant amount of Bitcoiners would trade wealth for freedom, and as that saying went… they would deserve neither.

Reply to this note

Please Login to reply.

Discussion

No replies yet.