I do not believe Bitcoin removes governments coercive power. Is there proof that the world’s most resourced nemesis could not destroy the blockchain? I do believe a growing group of likeminded thinkers sharing trust, community, and subsidiarity might be a foe to that institution, but whether they will become powerful enough to subsume the coercive powers of government itself remains to be seen.
#liberty #libertarian #asknostr
Related to that, it seems to me the biggest weakness of Bitcoin is that it is not a tangible asset. Bitcoins exists purely in digital space, which is removed from the physical reality in which we daily live and move. It appears to be a good digital solution for a digital world, but I'm not sure it's the end-all and be-all.
Decentralizing the Internet makes it harder to control, but that doesn't stop a jack-booted thug from knocking on your physical door.
#asknostr #bitcoin
There's a tangential question here about what sort of reality the digital space actually possesses, but that's a different discussion for a different time
This question is actually at the core of what Bitcoin had to solve
