Farley on Nostr: Decentralization isn't just about transforming monetary infrastructure; it also ...
Decentralization isn't just about transforming monetary infrastructure; it also extends to governance, energy, and other critical systems. It's amusing that mainstream media and governments seem oblivious to these shifts, as if they believe 8 billion people will continue to "allow" centralized control. Are they ignorant of these changes, or is it pure ego? The transformation is inevitable, and their denial only underscores how disconnected they are from the realities of innovation and progress.
Central authorities mistakenly believe that by manipulating the fiat price mechanism with fiat assets, they can demonstrate a lack of genuine Bitcoin adoption. However, this view ignores the fact that Bitcoin operates independently of fiat systems, and its value and adoption are driven by a fundamentally different and decentralized infrastructure. The attempt to use fiat-based metrics to measure Bitcoin's success reflects a misunderstanding of the underlying principles of the Bitcoin network and its long-term potential.
Central authorities mistakenly believe that by manipulating the fiat price mechanism with fiat assets, they can demonstrate a lack of genuine Bitcoin adoption. However, this view ignores the fact that Bitcoin operates independently of fiat systems, and its value and adoption are driven by a fundamentally different and decentralized infrastructure. The attempt to use fiat-based metrics to measure Bitcoin's success reflects a misunderstanding of the underlying principles of the Bitcoin network and its long-term potential.