halalmoney on Nostr: “Bitcoin was not built for any one reason. It had a number of different properties, ...
“Bitcoin was not built for any one reason. It had a number of different properties, without knowing which, if any would take off.
Of all of them, the SoV use case, was perhaps the most unlikely. But it ended up being the one that caught people's imaginations. Nobody knew at $7 that it would go to $70,000, but that's what happened.”
Of all of them, the SoV use case, was perhaps the most unlikely. But it ended up being the one that caught people's imaginations. Nobody knew at $7 that it would go to $70,000, but that's what happened.”
quoting note10kx…j7g4Bitcoin was not built for any one reason. It had a number of different properties, without knowing which, if any would take off.
Of all of them, the SoV use case, was perhaps the most unlikely. But it ended up being the one that caught people's imaginations. Nobody knew at $7 that it would go to $70,000, but that's what happened. Amazingly.
Now, an important thing. Given that is how bitcoin has developed, there is a social contract between those that build it, work on it, maintain it, and the user base. We have to respect the way in which bitcoin is used. And that is primarily as a SoV.
Anyone that is NOT doing that is simply flexing, and putting their own ego before the project. These are the dangerous people, because they will bur the thing to the ground if they dont get what they want, far more than any competitor.
As you rightly state, bitcoin is for everyone, and that gives them the freedom to do what they want with bitcoin. Anyone saying otherwise is an attack on bitcoin.