No it does not. Imagine a future where the IRS has your xpub. They can see all your balances and if you have unregistered Bitcoin you won't be able to use it on the white market.
There are many battles to be fought between here and freedom.
Bitcoin fixes this, study #bitcoin
nostr:nevent1qqsr4v8c43qpyerdcp3tces8n7apqrw0pyznqa8h339gayx0p6u946gv4xpgh
No it does not. Imagine a future where the IRS has your xpub. They can see all your balances and if you have unregistered Bitcoin you won't be able to use it on the white market.
There are many battles to be fought between here and freedom.
Bitcoin being unstoppable and ultra portable, secured by a 12-word seed phrase, enables seamless wealth transfer across borders. This empowers individuals to move to jurisdictions that align with their values.
Centralized attempts to enforce control or taxation are incentivized to fail, as their reliance on devaluing fiat currencies and arbitrary, corrupt rule of law renders them economically unsustainable for the government and all involved, leading to citizen exodus toward freer, more desirable communities.
5. Competitive Governance and Community Innovation
Competing for citizens would push cities and communities to up their game, creating safer, freer, and more prosperous environments.
When people can easily move their wealth via Bitcoin and settle anywhere, communities must offer real value like top-notch infrastructure, low crime and transparent governance to attract and keep residents.
This sparks innovation, cuts out coercive nonsense like excessive taxes, and forces places to prioritize what citizens actually want, not what centralized powers dictate.
It’s like a free market for living spaces: only the best thrive. Think of it as cities racing to be the most livable, boosting quality of life globally.
This dynamic, reinforced by Bitcoin’s uncensorable ledger, ensures that governance evolves toward voluntary, market-driven systems that prioritize, verifiable, ethical, quality processes and outcomes.
Emergence of common law in opt-in communities and/or nomadic independent sovereign living, support individual choice and societal prosperity over coercive power.
6. Decline of Fiat and Rise of Decentralized Systems
Fiat currencies, inherently inflationary due to unlimited printing, always collapse into worthlessness, as seen in every fiat currency in history.
Governments exploit fiat’s unlimited printing to maintain control, debasing currency and imposing massive debt.
They use war, propaganda, currency revaluation, high-denomination notes, market manipulation, and oppressive laws to delay collapse.
And now, instead of inciting panic and societal collapse through hyperinflation and war, they unintentionally highlight Bitcoin’s superior value proposition as a finite, bearer asset; the ultimate flight safety and an option for a better world.
Resistance to Bitcoin, whether through bans or localized adherence to traditional systems, creates temporary oppression but ultimately fails against global market forces, as seen throughout history with an easy example being gold demonetizing weaker currencies.
Holdouts face economic irrelevance, historically, fiat currencies lose all value, this is accelerated with an option (bitcoin) to opt out of fiat currency, no government can alter (debase to oppress or make more of for endless funding), censor or plunder/steel and people become unable to trade for scarce goods, while Bitcoin adopters increase.
Number go up: #Bitcoin is a Trojan Horse | Alex Gladstein and Lex Fridman
I had no idea nostr:nprofile1qqs9336p4f3sctdrtft2wlqaq5upjz9azpgylhfd3dplwf005mfrr9spzamhxue69uhkummnw3ezuendwsh8w6t69e3xj7spz3mhxue69uhkummnw3ezummcw3ezuer9wct4lwjj was on Lex Friedman's podcast.
Thank you for sharing.
I like this litmus test Alex gave on this episode.
"Can you make money making fun of your government on television?
If you cannot, you live in a dictatorship most likely."
Classic episode.
Man, this came out before I heard about nostr, but it's interesting to listen to this episode now that this protocol exists. 🤓
People around the world give people their seed phrase for transactions in extreme situations.
Private property rights are important, i would move or do what i could to stand up for private property rights if there was no where to move to. Like many people throughout history and today.
If the whole world loses private property rights, i would be worried but even in this orwellian world, i see that as highly unlikely.
Technology advancements including bitcoin and nostr make total oppression less possible and freedom for all more likely.
Less possible yes, but not impossible.
All the theoretical potential sounds nice, but until I see it happening I think it's important to remain grounded in the current reality.
Very true, freedom is obviously not here yet.
In reality bitcoin is making a difference throughout the world and in the usa.
Even saving in bitcoin is a big deal, and moving with no third party controlling that money is world changing for many.
The gates aren't closed, but they are trying to close them.
I agree action is important, vigilance is important.
My point with bitcoin fixing this isnt that buying bitcoin right now will end reppression tomorrow.
It's trying to spread awareness and inspire people to learn about it. So it will bring a better world faster.
Awareness of bitcoin is critical to bring real change. With adoption comes progress and freedom; the end of unlimited government funding and arbitrary rule of law.
It's a better world because of bitcoin and in the future things could improve greatly thanks to bitcoin
The near future feels dicy and the present is tragic, hard for many.
Tough at times to see the hope in such a dark world, but bitcoin and nostr offer hope, trying for and seeing a path to better world seems realistic. Spreading awareness of bitcoin's potential to advance humanity is critical