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That's a pondering face. Nothing long about it. Bitcoin is the separation of money and state. This smells awfully like a regulatory capture ask by a large institution in the space. At a minimum it's asking for hand outs or special treatment from big daddy govt. I understand it's an incentive aligned write up but I'll remain skeptical.

Tim 1y ago

Valid point, but Bitcoin is for everyone despite what we might think.

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average_bitcoiner 1y ago

Ofc. That's not my concern. My skepticism stems from pushing for State capture.

Tim 1y ago

I totally agree, but, if Bitcoin is as antifragile as we believe it to be…

1) it shouldn’t matter

2) wouldn’t we want our homeland leading

I used to think that as well, and don’t get me wrong - I don’t WANT state capture. I do think though it is inevitable AND simultaneously believe the protocol can withstand human fallibility in any form.

average_bitcoiner 1y ago

Antifragility is a time function. Mistales can take some time to rectify once made, ever for an antifragile system.

Tim 1y ago

Well said.

average_bitcoiner 1y ago

2. Our homeland is already leading without State intervention.

Tim 1y ago

I’d debate that lead has been rapidly deteriorating due to our own fallibility.

average_bitcoiner 1y ago

Too many regulators and compliance. Code will be the future compliance auditors

u32Luke 1y ago

State capture == failure.

u32Luke 1y ago

">> 'You will not find a solution to political problems in cryptography.'

Yes, but we can win a major battle in the arms race and gain a new territory of freedom for several years.

Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own."

Satoshi Thu Nov 6 15:15:40 EST 2008

Tristan Brice Velloza Kildaire 1y ago

I2P, Yggdrasil, Reticulum, GnuNet

Take a look at them all

🇵🇸 whoever loves Digit 1y ago

I wouldn't want our Homeland leading

Give all the bitcoins to the people of Gaza imo

average_bitcoiner 1y ago

That's retarded

🇵🇸 whoever loves Digit 1y ago

You want me to be smart? OK. The Bitcoins wouldn't really help the people of Gaza if they don't want to bribe their enemies to stop bombing them, which I wouldn't. So don't give them all your Bitcoins. Just stop bombing them, or I will take your Bitcoins.

Tim 1y ago

Touché

u32Luke 1y ago

Also, there's an important difference between your homeland and the state. Why would you welcome a thief into your home?