Bitcoin will rise in the next 12 months, everyone will think that Bitcoin is triumphant but the truth is that it is being attacked more than ever and is more controlled than ever.
Discussion
I'm not a techie but when I read stuff about the political ramifications in core, there is a monumental power struggle ensuing for the biggest show on earth
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Bitcoin consensus rules are the same since block 1 nothing changed, it is designed to resist attack by the state (an extremely powerful entity) how is it controlled? not sure I follow.
The plebs are not allowed to use privacy tools, the plebs will have to go through kyc processes, if the government knows what you have you are easily extorted.
correct self custody and opsec. everythin is the same since block 1
On the other hand, as you have seen with samourai, if the software repositories are in centralized systems they disappear as soon as the government wants, and if the developers are not anonymous they are attacked as is happening with samourai or tornado cash.
Great, tick tock next block bs while devs can get jailed now
For completely different thing
Sure but this is obvious no? did you expect the gov to let devs that host tools that allow to break their shitty gov lows to continue, you wanna break the law do it in decentralized systems.
Can you elaborate?
Anybody have a link to a good documentary digging into the money/support/influence by "the bigs" into orgs like Blockstream and Lightning Labs? Also, anything on the consolidation of mining operations, or the mining hardware bottlenecks.
To be clear, I love bitcoin for many years in fact! But, I am not religious about anything. Always eyes wide open, always trying to understand how complex systems evolve.
Nervous?