My probability of #bitcoin failing is raising by the day. Not because of the technology, security, alternatives, hostile governments, etc…. But because people simply do not give a shit about #privacy and #freedom.

The vast majority of people on earth will happily give up their rights for convenience. They do not realize what they have done to themselves until it is either 1) too late or 2) they never have the need for said freedom (aren’t politically persecuted).

I’d say bitcoin fails (throughout the next century) for this reason.

The good thing is that the tech will not go away, and plenty of us will never sell.

Hopefully our stacks will be used by our future generations to escape the dystopian hellscape we are going to leave them with.

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The upcoming FinCen rules will be an interesting test of your hypothesis. If people and companies tend to comply, you’re absolutely right - people just want comfort and safety more than freedom and Bitcoin has a good chance of failing simply because people don’t want to use it when could make the authorities angry. If we see a lot of non-compliance, there’s still hope.

Agreed. People will comply, sadly.

How did we let ourselves get here?

A lot of it may have been larping from the beginning. Being all about freedom tech until there’s an actual threat of getting a knock on the door or massive fines.

The big threat is always the same GREED! #Bitcoin #transaction #fees have to go. #Bitcoin doesn't need them and their a #tax on your Bitcoin..💀⚖️👮‍♂️