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Gracjan Pietras
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Advocate & Partner at djp.pl | Columnist at iMagazine.pl | Bitcoin Desk: https://djp.pl/bitcoindesk | PGP 094A DF1F FA53 3B40 A393  6E7C A0D5 2CDD 2FBD B6D1 |

A bunch of freedom loving people and... some other stuff transmitted by relays 😁

It feels good to fuck around on a global permissionless value4value exchange protocol.

Orange-pilling is the art of selling some hard truths and hope. You may also mention that zapping is pure fun.

Lowery wants to replace kinetic war with bloodless PoW hashrate competition. What can be more idealistically peaceful than that? The handwritten version was chosen deliberately because it made over 6m impressions on social media (there are other versions of that diagram). No need for personal attacks. And yes - the discussion with Breedlove was great. Cheers.

I finished it late and reread some parts as soon as opened my eyes in the morning. In essence, it is a great piece about the conflict between top-down dystopian Big Data surveillance forces and bottom-up cryptography and decentralised open source freedom rebellion. It might be an intro to a book on this modern/technological version of the eternal struggle between tyranny and freedom.

Take time and read it.

#nostrgram provides truly outstanding in-browser nostr experience.

There are Testflight versions of Iris and Nostr Daisy.

#nostr feels like home

Replying to Avatar Jameson Lopp

yep - exactly right 🙄😅

Replying to Avatar $elfish gene

You may be wondering how governments and central bankers will go about imposing their Central Bank Digital Currencies (CBDCs) on you.

Here's what I think could happen.

Governments are trying to kill the cryptocurrency industry little by little with attacks for several weeks in America for example. Other governments will take the same actions.

Then, governments will tell the people that the world has evolved and it is obvious that you need a digital currency. You will say: but we already have Bitcoin!

Governments will tell the general public that only a state-controlled and state-issued digital currency will protect you. This is a lie, but unfortunately, a majority of the general public will believe it.

However, little by little, it will become obvious that these CBDCs are just a trap for people.

More and more people will refuse to use these CBDCs. Governments will then try to force them on you. How? By trying to attack Bitcoin, of course, but also by gradually withdrawing cash to force you to use their CBDCs.

Over time, CBDCs will become mandatory.

Those who have not taken care to put the fruits of their labor in the most secure decentralized network in the world will find themselves without options, forced to give in to governments and central bankers.

Think this scenario is dystopian? Look at what is happening in Nigeria with the eNaira...

Then you will see that one reality is already apparent: it is essential to buy Bitcoin while we still can. Sooner or later, governments will try to ban you from doing so in order to force you to use their CBDCs.

The countdown has already begun!

You just nicely laid out a predictable bad scenario. It seems, however, that we are approaching a cross road. The other possible way leads to the governments hopping on Bitcoin train in order to escape the debt spiral. I grant the latter may seem too optimistic and even naive. But all it may require - it seems to me - is a competent leader in one of the G7 or even G20 countries to spark a hashrate competition. The game theory may do the rest. What do you think?

'Dziedzictwo Hala Finneya' to kolejny artykuł z serii #StrafaBitcoina. Dostępny w #iMagazine 3/2023 w aplikacji https://itunes.apple.com/pl/app/imagazine-pl/id471359317?mt=8 lub na stronie http://imagazine.pl #Bitcoin

Is it only me who thinks that #Fedimint protocol is a suitable tool for future banking services? I may be wrong. But I can’t help imagining federations of banks issuing e-cash and holding keys to multisig wallets for people/families who (for whatever reason) decide not to self-custody their keys.