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Nope Noperson
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Anonymous but sincere; Cypherpunk and never knew. Be kind, be patient, seek understanding. Making real connections to people and the world is how we resist. Encrypted chat on White Noise. [Insert warrant canary text here]

Thankful for you, as well, my friend.

Haven't watched the video. But, I can buy them in the US, online and in stores πŸ€·β€β™‚οΈ

"A substance made from a plant, used to give a special flavour to food." πŸ€·β€β™‚οΈ

Replying to Avatar Luxas

Reminds me of the fact that we don't have any surviving writings from Diogenes's except those recorded by another guy named Diogenes.

Biden's economic advisor can't answer the simple question about why the US borrows money if it prints it at will.

https://www.youtube.com/watch?v=1Fj0zRmEWYc

Magicians skilled in obfuscating the truth in an over-complicated system shrouded in esoteric language.

I think we are in agreement, then πŸ€™

I mainly see Gov'ts buying bitcoin as a negative, as they will just use it to prop up their failing system to keep the illusion going. Although, I think the collapse is inevitable. If we can get more people using Bitcoin before it does, we have the parallel system to switch to and people will suffer less.

My only point was that Gov'ts adopting bitcoin is an indicator that the perception of bitcoin (Gov't and the general public) is getting better, and the risks to developers and users will go down if Gov'ts are less hostile to it or more people are using it. I don't seek permission from Gov't to use bitcoin, but I want others to use it too, and all the FUD is preventing a lot of people from doing so.

To your last point, I believe most people are more libertarian/anarchist than they know. But, they've been conditioned on what anarchy means through lots of propaganda. When it comes down to it, they just want to live their lives and if the Gov't did start intruding into their lives, they'd be pissed. They are pretty libertarian in their day-to-day, but for some reason there is a big disconnect when they start thinking about the larger scope. Conversations with them are pretty productive when you just ask basic questions and stay away from the language of politics.

To sustain the illusion that the system is working.

Normies won't think about it. The propaganda for "the rich" to "pay their fair share" is strong.

Or they play dumb. There was that video circulating, a while back, of Biden's economic expert asked this very question. And, he acted like he didn't understand the question or how the system works.

In your opinion, what is the point of bitcoin?

I see two main use cases for it:

1) Investment that hedges against out of control inflation.

2) Opt-out parallel banking system that Gov't can't control.

Case 1 requires that bitcoin be valued by people. So, this requires more people wanting it, and mass adoption is good for demand.

Case 2 is why I think bitcoin is important. It takes the money supply out of the control of centalized banking and reduces their ability to rob us to fund their corruption and wars. For bitcoin to make a meaningful impact, here, I believe there would need to be a lot of people using it as their currency (mass opt out). Bitcoin also provides an alternative the CBDC in the pipeline. I want more people to be free of the dystopian nightmare tied to that.

In either case, mass adoption is not the point, but it is beneficial to the goal or may be required to achieve it.

I'm on the fence about it. Gov't tends to trash anything it touches. But, I'm not sure the world will have the confidence in BTC necessary for mass adoption until some big players get involved. The FUD is still strong.

I want every shop owner to accept bitcoin, but there is still a lot of risk involved. Risk that pushes bitcoin to the fringes for development and use. I'm all about DIY, cypherpunk tech, but we need normies to get to scale.

Gov'ts buying it is a clear signal of normalization. That's something I look forward to.

#Warhammer #Memestr