i don't know if that's a joke but that seems crazy to never update your node
A specter is haunting the modern world, the specter of
crypto anarchy.
Computer technology is on the verge of providing the ability for individuals and groups to communicate and interact
with each other in a totally anonymous manner. Two persons
may exchange messages, conduct business, and negotiate electronic contracts without ever knowing the True Name, or legal
identity, of the other. Interactions over networks will be untraceable, via extensive re- routing of encrypted packets and
tamper-proof boxes which implement cryptographic protocols
with nearly perfect assurance against any tampering. Reputations will be of central importance, far more important in dealings than even the credit ratings of today. These developments
will alter completely the nature of government regulation, the
ability to tax and control economic interactions, the ability to
keep information secret, and will even alter the nature of trust
and reputation.
The technology for this revolution–and it surely will be
both a social and economic revolution–has existed in theory for the past decade. The methods are based upon public-key
encryption, zero-knowledge interactive proof systems, and
various software protocols for interaction, authentication,
and verification. The focus has until now been on academic
conferences in Europe and the U.S., conferences monitored
closely by the National Security Agency. But only recently
have computer networks and personal computers attained
sufficient speed to make the ideas practically realizable. And
the next ten years will bring enough additional speed to make
the ideas economically feasible and essentially unstoppable.
High-speed networks, ISDN, tamper-proof boxes, smart cards,
satellites, Ku-band transmitters, multi-MIPS personal computers, and encryption chips now under development will be
some of the enabling technologies.
The State will of course try to slow or halt the spread of this
technology, citing national security concerns, use of the technology by drug dealers and tax evaders, and fears of societal
disintegration. Many of these concerns will be valid; crypto
anarchy will allow national secrets to be trade freely and will
allow illicit and stolen materials to be traded. An anonymous
computerized market will even make possible abhorrent markets for assassinations and extortion. Various criminal and foreign elements will be active users of CryptoNet. But this will
not halt the spread of crypto anarchy.
Just as the technology of printing altered and reduced the
power of medieval guilds and the social power structure, so
too will cryptologic methods fundamentally alter the nature
of corporations and of government interference in economic
transactions. Combined with emerging information markets,
crypto anarchy will create a liquid market for any and all material which can be put into words and pictures. And just as a
seemingly minor invention like barbed wire made possible the
fencing-off of vast ranches and farms, thus altering forever the
concepts of land and property rights in the frontier West, so too
will the seemingly minor discovery out of an arcane branch of
2
mathematics come to be the wire clippers which dismantle the
barbed wire around intellectual property.
Arise, you have nothing to lose but your barbed wire fences!
Please who ever can - in order to celebrate #100k for Bitcon: donate to the starving children and people of Gaza:
https://btcpay.foragoodcause.xyz/apps/37W6GRGutGU9a4F61uHeFcjHFyQv/crowdfund
"But it has no value," said a Westerner who's never had their bank account frozen. Before chickens and wheat become the world's reserve currencies, Bitcoin is far more likely to break boundaries and liberate humanity—not just Westerners trading on Binance.
Anyone criticizing the Lightning Network or claiming Bitcoin has no value has likely **never needed** it—because they were born on the "right" side of the world.
This guy:
[https://8333.mobi/](https://8333.mobi/)
Brings Bitcoin to the people who need it most.
If sending Bitcoin via SMS isn’t impressive enough, he’s developing a SIM card that works on the Lightning Network with true self-custody.
An incredible interview that explains why Bitcoin is the money of the future for *everyone* (spoiler: it’s not Michael Saylor, and he’s not even white):
[https://youtu.be/tRjoWsc08h0?si=lGrN7mN2grbcqJSZ](https://youtu.be/tRjoWsc08h0?si=lGrN7mN2grbcqJSZ)