State Adoption: A Trojan Horse Challenging Core Tenets of Personal Liberty
My latest from nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu
Discussion
If the government's ability to ban Bitcoin is constrained, what alternative strategies might it employ to undermine or co-opt the network?
What if, instead of a direct ban on Bitcoin, the State employed subtle and indirect strategies to manipulate or even co-opt it, ultimately achieving the same goal of rendering it ineffective or worse, a tool for State control?
As interventionist policies persistently erode the value of fiat currency, the State, grappling with an existential threat, will fiercely endeavor to maintain its facade of authority. This will involve heightened efforts to shape public perception and resorting to draconian measures to retain control. During crises, the State historically manufactures consent, and in its desperation, even co-opting Bitcoin to serve as a tool for State control might emerge as a conceivable outcome. We should not be so quick to cheer on the State's adoption of Bitcoin if it comes with strings attached.
Though the road is arduous, our principles today can secure financial sovereignty for generations to come. Let us carry the torch of individual liberty so its light may one day illuminate a just world, where Bitcoin fulfills its purpose as independent, peer-to-peer money for all, unfettered by censorship or authoritarian control. Our actions today shape the economic emancipation of tomorrow.