HanShan on Nostr: ok so if the thesis is everyone has a personal responsibility to defend their stack ...
ok so if the thesis is everyone has a personal responsibility to defend their stack with force...
how is it then that #Bitcoin succeeds and successfully disintermediates the most powerful institutions on the planet
but they know who holds and uses it
and somehow just let thenselves be eliminated as the power brokers for the world?
lotta "something something Trojan horse" handwaving here.
or "we'll implement strong privacy later"
which is ridiculous.
Yes theres a good case to be made for LN privacy.
But the liquidity isn't there, try sending just a couple thousand USD...
and there is no guarantee LN will remain private either.
its likely making large payments in the early days of LN will result in payment passing through a few centralized routing nodes with good liquidity.
iow not decentralized or immune to timing analysis by a nation-state.
Bitcoin is great and I hope it succeeds.
but the censorship resistant Bitcoin *I would call success* really just feels like hopium.
or conversely, like trusting that its operating in a permissive and sane regulatory environment.
Which means we can trust the courts to enforce property rights.
That isnt an assumption i am personally willing to make. I am preparing for a future in which government will NOT protect my property.
which is exactly the environment #monero is developing for.
the property you truly own is the property nobody knows you have.
Published at
2025-03-16 13:33:47Event JSON
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