Replying to Avatar Anita

Bitcoin is money.

Bitcoin is a savings technology.

Of course privileged fiat millionaires want to have it only one way.

In a meeting with the Crypto Task Force, Michael Saylor proposes a regulatory framework that mainly benefits Michael Saylor.

https://www.therage.co/saylor-sec-bitcoin/

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Hanshan 10mo ago

OwnInG LotS oF bITcoIn dOeSnt GIvE yOU mORe cOntRoL oVEr It

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Anita 10mo ago

I kNoW. MaYBE You LiSTEN to My TAlk to UNdErSTaND What I meAN: https://youtu.be/mWx8F5zTmW8?si=YHxFlttkvpaQbKvw

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Hanshan 10mo ago

I know the talks.

and I know you know that without strong privacy they can reduce sovereign use to a negligible amount.

which is why Saylor is against privacy improvements

and HE is the one talking to the SEC.

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Anita 10mo ago

Exactly. But it has nothing to do with Proof of Stake and Proof of Work.

af
Ailo 10mo ago

I don't see how this would control bitcoin in any way

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Hanshan 10mo ago

thats because people dont believe that

the environment Bitcoin operates in

has any effect on the people who use it.

it does. things do not exist in a vacuum, no man is an island...

etc

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Ailo 10mo ago

I don't disagree, but ultimately this kind of thing will have the most profound effect on wall street. Slightly less so on your average American, and far less so on the other 97% or whatever of the world's population. That said, the US obviously has a strong cultural influence, but I just don't think that will make much of a mark on bitcoin as a whole