Thanks for the resource!
So is the long term plan for Bitcoin to serve as tool for activism in the hopes that enough people eventually become part of the movement to where it would become political suicide not to allow it in the white market?
"As a simple matter of definition, Bitcoin operations cannot be both white market and permissionless"
https://github.com/libbitcoin/libbitcoin-system/wiki/Permissionless-Principle
Discussion
It's more a logical observation/description
Some people cater to the idea you are saying. A sort of political trojan horse. I personally think that is a bit naive. Bitcoin will not be allowed unrestrained in white markets. Too powerful for those in power. Over time it will be pushed out or only allowed as a shadow of itself (think ETFs, licensed custodians, and burdensome tax requirements)
Thus Bitcoin/Monero/crypto core use is ultimately for spaces outside and between white markets
Ya, it does seem like the case.
So what's the point of all this if it won't significantly impact the financial system that everyone is forced into?
Didn't say it wouldn't impact the financial system. It surely will. Just not likely from within or only to a lesser degree (jurisdictional arbitrage).
Mainly parallel economies. Before there were no decentralized permissionless digital currencies. Now those who want to have the ability to opt-out in part or fully
Ya, I can see it being useful for those who are willing to take the risk.
It seems to me that that risk will only grow as the fed's stranglehold grows tighter over time.
Whenever it becomes a significantly problem for them, it seems all they have to do is put out some propaganda and squash it down with more surveillance, regulation, and punishment.
I respect those who want to try anyways, but I don't see a path to victory even for those in the black market if they even begin to start some disruption.
It seems the best chance (even if also a low chance) has to be to win people over somehow to provide political resistance.
Maybe proving how well it works in crypto friendly countries can be a part of that.
Just my thoughts.
I'm ignorant of about 99% of all this.
Many Bitcoiners have the same opinion you do. None of us know for sure what will happen. Good thing we have multiple experiments running. I guess we'll see what happens.