1. 💯, Something I'm extremely passionate about changing and working hard to do. Has to be easier and more commonly done.
2.i disagree on this point as I don't think politicians or "institutional investors" bring power to Bitcoin, only individuals waking up to the need for freedom and taking personal responsibility. Governments would love to simply co-opt Bitcoin and use it for their own gain, and absolutely could do so.
Yep, very very very slow institutional and no state adoption for a very long time, while most of the plebs get on-board is the best scenario. Otherwise not that much will change.
I'm with you on hoping things stay "from the ground up." Satoshi hornet's nest comment comes through mind. It's a delicate balance. Authoritarian govs can't stop Bitcoin, but they can make it very punishing for citizens to hold it (e.g. EO 6102). I'm optimistic that we can grow organically and slow enough to prevent, attack, but fear the attacks have already started (e.g. Signature).
Beauty of Bitcoin is there is literally no asset on earth more resistant to a 6102 order than Bitcoin that has been purchased without KYC.
True, but most purchase with KYC due to convenience, so we do need better post KYC purchase privacy tools. Earlier today, saw some hype for a method to use Lightning as a pseudo coinjoin technique. Interested to learn more.
Also, while non-KYC is much better, it's not without risk. Purchasing UTXOs linked to surveilled/criminal activity can be an issue, and coinjoining a non-KYC UXTO presents a similar "red flag risk" as any other CJ.
