Nostr

On what grounds?

Well, it's mutual interest becuase when States get involved with Bitcoin then they might take steps to have more sway, and control over the network.

They'll say mining is ok, as long as you register your wallet, transacting is ok as long as you report each transaction, etc.

Most people will fall for this.

On the flip side, it undermines the state's ability to effectively manipulate the money to spur economic activity, or and yes I know it's cringe to fund national defense.

So effectively both parties are losing.

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Discussion

Kevin's Bacon 11mo ago

Everyone needs to lose something. Those are good points, but on net, it will still put limits. We can't really stop them from adopting it anyway. We have to defend our property and our privacy and advocate that people don't trust the state and don't do everything officially through regulations and encroachments like that, but chiefly we have to tell our families and our close communities/nostridges that, and protect ourselves. It will work out well enough if we do that.

goatmeal 11mo ago

you better figure out scalable self-custody before governments and banks get too involved. if you do nothing, you will someday find yourself in a world where moving a UTXO costs a lot of fucking money and only the ultra wealthy will actually own any coins. ossification proponents are a fifth column in your bitcoin community. gatekeep them.

Kevin's Bacon 11mo ago

I'm pro CTV for sure. The protocol should be difficult to change though. Bitcoin is natural order, and there are things that neither of us understands about that. It will find a way. Scalability is in a process of being solved by the market.

Neo 11mo ago

Is it any fud?