William B Travis on Nostr: in my view, this is what the privacy people don't get. permissionless is greater than ...
in my view, this is what the privacy people don't get. permissionless is greater than privacy.
the permissionless nature of bitcoin will strip away the ability of govts to enforce their rules. they won't have the resources left to track purchases, let alone enforce any consequence. privacy will be the defacto result.
the permissionless nature of bitcoin will strip away the ability of govts to enforce their rules. they won't have the resources left to track purchases, let alone enforce any consequence. privacy will be the defacto result.
quoting note1mw3…yv37i agree. those that hold any sats when the repricing happens will become more powerful than the govt largely because they will be able to buy and sell without permission. if you don't think the wealthier bitcoiners can't handle this so-called govt threat, i think you're going to be surprised.
when gold was banned, the wealthy created loopholes to keep their stuff. now, they will just memorize their seed words. govts will cave to the new money.