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UNLICENSED MONEY TRANSMITTER
96a0b3e0738e7ff0838abc900fc48f61effef780d175a6bb2c0240246556bb3e

just had a close... is there a good reason? anything can help you figure out why?

Bitcoin is society's only immutable layer. the optionality to unilaterally escape into L1 is what makes all other layers honest, higher and lower level as well.

being able to punish your government in meat space ("layer 0") by escaping into bitcoin and taking your productivity elsewhere is the same dynamic as forcing cooperation from LN channel counterparties

Anything that relates to L1 consensus can only be derived from these dynamics

if it doesn't rely on the individual's ability to validate and force cooperation on L1, it's not Bitcoin. might as well have a 1000-of-1000 multisig

i like the idea of keeping the seed only in your head, but i’m not sure about the input. i rather have a comfy keyboard like what the new coldcard is building

bitcoin is not a trivial solution to the problem of money

scaling it is not as trivial as just adding one "last BIP"

you are being sold a pipe dream

feeling a bit stupid bringing here bitcoin noise from twitter. should I?

this drivechains bullshit is important so that the idea of a holy grail magical 2WP with same bitcoin security assumptions exists can finally be left to rest. I admit bip300 got as close as it gets

now the focus can shift entirely to covenants and introspection

it all started with boomers blocking nuclear power in the 70s. the shitty money is just a symptom

bitcoin is the ultimate relativity killer. for example: fiatjaf created nostr and Adam back hashcash but they are completely wrong about drivechains and there's nothing they can do about it

democracy is the quietness between wars and revolutions

bip300 is the equivalent of handing your gun to one of your opponents in a mexican standoff