I don't believe he is a bad actor
I believe he is playing the game the way he needs to play it
Discussion
Saylor is a fiat maxi leading the charge for regulatory capture of bitcoin.
Bitcoin is for everyone (as you know), so as long as the ability to remain outside the tradfi system is there, then it doesn't really matter how some of the network gets used
Can he change consensus? No... Rules but no rulers etc
Point being, Anarchist Cypherpunks can remain just that. They will never be regulated
Maybe we're not in total dissagreement here. I would of course not want to end up at the behest of the US DOJ, and have my abiliyt to self-custody impacted
Basically, I'm saying that the "then they fight you" stage will be much worse than anybody else.
Sure, I can hold my own keys and run my own node, and in theory, be totally self-sovereign. But in actual practice, that doesn't do very much unless I have a transaction peer.
If they could make it onerous to *actually use the stuff*, then we have a problem.
And they are certainly very adept in regulatory capture.
It isn't going to be just "some of the network."
They are going to map the entire UTXO set and link it to KYC identities over time.
On a long enough timeline, there is no privacy.
and if people don't think they're going to come for their share, then I think thats being very naive.