halalmoney on Nostr: “A world where all money is under surveillance is a suboptimal world…” ...
“A world where all money is under surveillance is a suboptimal world…”
quoting note1ypu…y2m7Imagine having the most wonderful Bitcoin wallet ever written but it is impossible to get Bitcoin without KYC. That would mean you have the most beautiful financial surveillance system, and something that is ant-Bitcoin.
In order for services to serve properly all of Ethical Bitcoin Principles must be fulfilled simultaneously. It is not a buffet of characteristics you can choose from, you either do it all or not at all.
A world where all money is under surveillance is a suboptimal world, and a choice.
Everyone involved in providing Bitcoin services must make a choice, freedom or enslavement, privacy or surveillance. These choices are not hard to make, and if everyone works together to make the right choices, then Bitcoin users will get the Bitcoin Ecosystem they deserve.
The biggest threat to Bitcoin now is the osmotic barrier between those with Bitcoin and those without, and the unwitting and ignorant gatekeepers who keep spreading superstitious lies about Bitcoin and what is required to serve it.
These people perpetuate lies about what Bitcoin is, what the law says, what laws may apply to Bitcoin, and whether there are even laws or not, and many people simply go along with their gibberish and irrational calls to apply anything, literally any law, so that you can pretend to be "Compliant".
If Bitcoiners cave in to the thinking of the lowest common denominator, the anti-American and the loser, then the proliferation of Ethical Bitcoin onramps, the prerequisite to Hyperbitcoinization, will not come to pass and bear fruit.
Bitcoiners must "hold the line", tell the truth, not cave in to the weak minded, the cowardly and the ignorant and apply the law as it is written. This is not asking for much, certainly for any American, and hopefully GEPOTUS will make this easier for the weaker amongst you to do without soiling their trousers.
If GEPOTUS is advised by the best Bitcoiners AND Ron Paul, then it is a sure thing that Bitcoin will be moved under the protection of the First Amendment of the Constitution of the United States of America, and then the floodgates will be opened.
Fiat will flow into Bitcoin in amounts that Bitcoiners could not have even dreamed of previous to GEPOTUS, and once this happens, there will be no going back as the exits to the US Dollar close by virtue of it ceasing to exist.
America will become the number one country not only for the amount of Bitcoin in citizens hands' but for its expertise in the mediation of Bitcoin. When this happens, no country on earth will be able to catch up with it, and the financial centre preeminence of America will not be lost, but strengthened because one man, GEPOTUS decided that the law should be followed and American know how applied unbridled.
In the light of this future scenario, isn't it better to get ahead of the game and start laying down the thinking and tools to push Hyperbitcoinization?
I think so. Others, not so much it seems.
The allure of Virtue Signalling is very strong in many people. Their number one impulse is to look good in front of other people; they don't actually care about anything in particular, and will latch themselves to anything like Barnacles on a whale, irritating it, and slowing it down by de-streamlining its surface.
Their goals are set by other people, and are not original. They take "feedback" from Bitcoin's bitter enemies and then package it as being part of "the revolution".
It's fraud. It's fakery. There are no two ways about it.
Despite all of this, very very very big things are coming. Things so big, your jaw will hit the floor. And I'm not just saying that. I am not exaggerating.
The path to Hyperbitcoinization is every road, in all directions, all at once. This is possible if the people with their hands on the levers are the made of the right stuff.
The Trump campaign has shown everyone that a coalition of people who are normally on different sides of arguments can work together to overcome great evils.
This can happen in Bitcoin too. But in order for it to happen, people must disabuse themselves of the wrong things they've been let to believe, and cross the chasm to that place where Bitcoin is everywhere, everyplace, all the time, without restriction, arbitrary rules and anti human strictures.
I have absolutely no problem imagining this.
What about you?
https://medium.com/@beautyon_/bitcoin-adoption-and-conway-s-game-of-life-54ca71db7b88