Parman - Activate OP_GFY now!! on Nostr: Who sold you the nonsense idea that Bitcoin was made to "bank the unbanked?" - NO, ...
Who sold you the nonsense idea that Bitcoin was made to "bank the unbanked?" - NO, that's not why it was created. It was to end CENTRAL banking and fiat money.
It's to take it out of the hands of the government in a sly roundabout way, and introduce something they can not stop.
If u try to fuck around with it, and create cheap payments (or easy self custody) for all, then ur gonna fuck this up.
Don't change it and objective 1 will be achieved. That's all that matters. Then humanity will flourish.
Not everyone needs to be their own bank (or dentist)
The purpose of money is to reduce the risk of specialisation, which allows people to be free from the need to barter. They can then focus on what they are good at, and accept money for their efforts. Specialisation maximises human output and prosperity.
If we have money, people don't need to do everything themselves. That's a for barter society, not a money society. This includes not needing to bank yourself, dentist yourself and farm yourself.
The problem is that people are taking "bank the unbanked", as nice as it sounds, as priority #1, instead of accepting it as a CONSEQUENCE of priority #1, which is "end CENTRAL banking" (not "end retail banking").
Then they start trying to get code changes in like CTV, risking #1
It's to take it out of the hands of the government in a sly roundabout way, and introduce something they can not stop.
If u try to fuck around with it, and create cheap payments (or easy self custody) for all, then ur gonna fuck this up.
Don't change it and objective 1 will be achieved. That's all that matters. Then humanity will flourish.
Not everyone needs to be their own bank (or dentist)
The purpose of money is to reduce the risk of specialisation, which allows people to be free from the need to barter. They can then focus on what they are good at, and accept money for their efforts. Specialisation maximises human output and prosperity.
If we have money, people don't need to do everything themselves. That's a for barter society, not a money society. This includes not needing to bank yourself, dentist yourself and farm yourself.
The problem is that people are taking "bank the unbanked", as nice as it sounds, as priority #1, instead of accepting it as a CONSEQUENCE of priority #1, which is "end CENTRAL banking" (not "end retail banking").
Then they start trying to get code changes in like CTV, risking #1