brandon_gentile on Nostr: That’s a long answer. The public had the last 16 years to get in. Unfortunately, ...
That’s a long answer. The public had the last 16 years to get in. Unfortunately, most people just haven’t paid attention and quite honestly it’s their own fault. I believe in free markets and this was inevitable. The Trojan horse does have to get in the gates in order to collapse the system.
Because of the transparency in the quick audit Biliti through centralization, I believe it will limit what government can get away with in terms of re-hypothecating or credit on top of bitcoin. If people play games, they will get exposed eventually like FTX, Celsius, and other entities, and this will train people overtime that you cannot mess with Bitcoin.
The fact that you cannot print and government along with individuals will have to provide value in order to accrue bitcoin, and cannot just print more of it for themselves. Is the game changer.
In saying all that though, humans do have a hard time with freedom and autonomy. The Bible itself shows us thousands of years of the people seeking a leader. He told them many times for a true freedom and sovereignty. Use the free well I gave you and just follow me, but the people continually forgot that message and sought human leaders. I don’t think this time is different. However I do believe Bitcoin is a step change closer to the freedom of bitcoins are seeking, though it will still take education and hard work. Apathy and negligence will lead us right back into the same position. We are in now.
Because of the transparency in the quick audit Biliti through centralization, I believe it will limit what government can get away with in terms of re-hypothecating or credit on top of bitcoin. If people play games, they will get exposed eventually like FTX, Celsius, and other entities, and this will train people overtime that you cannot mess with Bitcoin.
The fact that you cannot print and government along with individuals will have to provide value in order to accrue bitcoin, and cannot just print more of it for themselves. Is the game changer.
In saying all that though, humans do have a hard time with freedom and autonomy. The Bible itself shows us thousands of years of the people seeking a leader. He told them many times for a true freedom and sovereignty. Use the free well I gave you and just follow me, but the people continually forgot that message and sought human leaders. I don’t think this time is different. However I do believe Bitcoin is a step change closer to the freedom of bitcoins are seeking, though it will still take education and hard work. Apathy and negligence will lead us right back into the same position. We are in now.