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to play devil's advocate: has gold failed as a monetary good? it is not used in payments on a daily basis, and is most commonly thought of as SoV. i would strongly argue that gold has not "failed" by any means.

you know i love you and appreciate your work uncle!

but, i think that sometimes these "bitcoin fails if xyz" are reductive and subjective (ultimately)

Ape Mithrandir 7mo ago

Governments (in particular the US Gov) removed our ability to use a money backed by Gold. They converted our Money from Gold and Silver coins to Paper Certificates, then removed the backing of that paper.

Do not let them do this again with CGT, ETFs and custodial solutions.

Bitcoin can be used as Money today, and in order to ensure it can be used as Money tomorrow, you should use it.

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dern 7mo ago

ETFs and custodial solutions are going to exist because the market demands them, people like good UX and convenience

do you think that bitcoiners should not engage with usgov? i think advocating for what we want is a better play than pure subversion and antagonism

Ape Mithrandir 7mo ago

I think you should spend and use your Bitcoin in a peer to peer fashion.

dern 7mo ago

thats a nice thought