I agree with almost all that you say here, it was a great reading, thank you for you words.
Also i want you to know that i know all nostr ecosystem since i'm here at before this npub, that is my third one, and this one was create in 31/03/2023, i've tried almost all that you show here.
What i disagree with you is, Bitcoin is not totally decentralized because mining is totally centralized, 'is not because you can choose between the flavor red and blue that changes this', if law turns against miners you don't have where to run, this could be already solved - https://github.com/p2pool/p2pool
I agree with you that POW is the way, but it's not everything, and personally i like more the approach of Monero because it's vision is totally different about how to give power to people, i could include DarkFI because it's also POW, but is out of scope here.
eCash does more harm than good because will create fractional bitcoin powered by central banks and the ones building with them - https://bitcoinmagazine.com/business/ecash-makes-bitcoin-and-fiat-private-with-calle-cashu
Check the Red Flags:
Most of Bitcoiners today are NGU driven and not Freedom driven, and that makes me not be sure that about the immutable truths of Bitcoin, and that makes me think also that most will go wherever the big money from ETF/govs goes.
Sec filling:
https://www.sec.gov/Archives/edgar/data/1980994/000143774923017574/bit20230608_s1.htm
''With respect to any fork, airdrop or similar event, the Sponsor shall, in its sole discretion, determine what action the Trust shall take. In the event of a fork, the Sponsor will, as permitted by the terms of the Trust Agreement, determine which network it believes is generally accepted as the Bitcoin network and should therefore be considered the appropriate network, and the associated asset as bitcoin, for the Trust’s purposes.''
Blackrock Video Presentation thumb.
''There is no guarantees that bitcoin's 21 million supply cap will not be changes,
has a fixed supply of 21 million bitcoins''
- This guys don't play small games and ''Focal Point'' maybe applies here.
Calle on Bitcoin magazine.
https://bitcoinmagazine.com/business/ecash-makes-bitcoin-and-fiat-private-with-calle-cashu
'You don’t have to be against the state to love Bitcoin. You don’t even have to believe in separating money from state”
“The ECB is willing to also look into ecash systems that provide cash-like privacy for transactions under 300 euros. The Bank of International Settlements is piloting an ecash system right now. The National Bank of Switzerland and the Swiss Parliament itself are considering ecash deployments for their national digital currencies,”
