constant on Nostr: 'It was designed to liberate us from the tyranny of the state and the banking ...
'It was designed to liberate us from the tyranny of the state and the banking cartels'
Look, don't get me wrong, my intention is not to counter signal this sentiment/statement, but i do advise to get off the 'ought' train, because intent does not really matter all that much. For the most part it just results in fitting the thing into your own biasses and resulting projections onto the world.
For instance people complaining states addopting BTC because supposedly it is anti-state. Its not, it is a system that scales coordination by minimizing trust requirements avoiding the political frictions that occur in alternate methods. I.e. Bitcoin would be pointless if some world council could come to a happy agreement on a world currency and its (innitial) distribution.
In fact, looking at Bitcoin, states addopting it in the context of the geopolitical jungle is probably the most logical usecase for the thing. It scales politically, but does not scale on a """tx/s""" basis. Ergo, the masses were never going to aquire basechain-level-sovereignty, but states are. The fact that due to the neutrality of the system some individuals, and probably a bunch of organizations and business will, is as it stands now just a mere side-effect. Most people are just confused about this because Bitcoin had to come from 0 (starting with '0 btc' at a 0$ price) and had to go through its grassroots rise towards its destination. I.e. its going through the plebs, but it was never for them. (But any effort in scaling the thing towards that point is appreciated, as long as it does not undermine the system, see blocksize war for instance)
Anyway, long rant, point is: i am not saying Bitcoin is not a force for good, but carefull because by far most naratives around Bitcoin, even from "Bitcoiners" are utter magical wishfull thinking bullshit. Probably because libertarians are so dominant and they are at the end of the day retarded*.
*i.e. just projections of the biases of (young) males that are willing/capable of carrying the responcibilites/risks of this world and assume everyone can/should, and from that assumption complain about footing the bill for those that dont/cant. Or in other words, they dont want to pay for civilization because they are happy on pirate island, untill they become dads and realize sending their 8 year old daughter to the bazar with a gun and some good old streetsmarts from her own bootstraps as not to get scammed is not going to cut it.
Look, don't get me wrong, my intention is not to counter signal this sentiment/statement, but i do advise to get off the 'ought' train, because intent does not really matter all that much. For the most part it just results in fitting the thing into your own biasses and resulting projections onto the world.
For instance people complaining states addopting BTC because supposedly it is anti-state. Its not, it is a system that scales coordination by minimizing trust requirements avoiding the political frictions that occur in alternate methods. I.e. Bitcoin would be pointless if some world council could come to a happy agreement on a world currency and its (innitial) distribution.
In fact, looking at Bitcoin, states addopting it in the context of the geopolitical jungle is probably the most logical usecase for the thing. It scales politically, but does not scale on a """tx/s""" basis. Ergo, the masses were never going to aquire basechain-level-sovereignty, but states are. The fact that due to the neutrality of the system some individuals, and probably a bunch of organizations and business will, is as it stands now just a mere side-effect. Most people are just confused about this because Bitcoin had to come from 0 (starting with '0 btc' at a 0$ price) and had to go through its grassroots rise towards its destination. I.e. its going through the plebs, but it was never for them. (But any effort in scaling the thing towards that point is appreciated, as long as it does not undermine the system, see blocksize war for instance)
Anyway, long rant, point is: i am not saying Bitcoin is not a force for good, but carefull because by far most naratives around Bitcoin, even from "Bitcoiners" are utter magical wishfull thinking bullshit. Probably because libertarians are so dominant and they are at the end of the day retarded*.
*i.e. just projections of the biases of (young) males that are willing/capable of carrying the responcibilites/risks of this world and assume everyone can/should, and from that assumption complain about footing the bill for those that dont/cant. Or in other words, they dont want to pay for civilization because they are happy on pirate island, untill they become dads and realize sending their 8 year old daughter to the bazar with a gun and some good old streetsmarts from her own bootstraps as not to get scammed is not going to cut it.