watts_bar on Nostr: Does any of it really matter? Not every miner in the US, let alone the rest of the ...
Does any of it really matter? Not every miner in the US, let alone the rest of the world only confirm OFAC compliant transactions. Node runners are even more noncompliant. Governments are having a lot of FOMO right now. But what about consensus?
Lots of people are pondering government spurred soft forks making a mess. What about consensus driven hard forks that restore Bitcoin to people who had it confiscated by a government? What about a consensus driven hard fork that winds back all of the transactions on a government’s reserve coins that they could never get it all back?
I find laws overly restrictive. Even something like a bill of rights. I guess those are our only rights? Wrong! Asking for laws, rules or guidance is only asking for restrictions. Never forget, that the people of bitcoin run bitcoin. When governments ban a thing they only create black markets.
Don’t believe me? I’ll go buy some marijuana in a state where it’s illegal and ship it to you via the United States Postal Service. It happens every day, a lot!
Lots of people are pondering government spurred soft forks making a mess. What about consensus driven hard forks that restore Bitcoin to people who had it confiscated by a government? What about a consensus driven hard fork that winds back all of the transactions on a government’s reserve coins that they could never get it all back?
I find laws overly restrictive. Even something like a bill of rights. I guess those are our only rights? Wrong! Asking for laws, rules or guidance is only asking for restrictions. Never forget, that the people of bitcoin run bitcoin. When governments ban a thing they only create black markets.
Don’t believe me? I’ll go buy some marijuana in a state where it’s illegal and ship it to you via the United States Postal Service. It happens every day, a lot!