Distrust is good when it comes to money.
Because some people have a lot of wealth.
If everybody were poor, it wouldn't be as important.
As it becomes adopted as of a SoV, its market cap will grow, making it easier to send larger monetary value, and making it more liquid and less volatile, which will help the MoE and UoA use cases.
Let's go through and get that cleaned up and fixed.
Maybe he should get his ass cleaned up and fixed instead. At least it's his, so he wouldn't be infringing.
It's smaller than my backyard.
The moment they start doing anything of significance they'll be nuked.
I thought it went to a 2-of-2 multisig? With some hashed timelock magic I'm not well versed in.
The traditional concept of ownership probably doesn't map onto the new reality created by Bitcoin. The state trash may need an upgrade.
191 sats \ 17 replies \ @SpaceHodler 1 May \ parent \ on: Bitcoin paradigm shift thought experiment bitcoin
That would move a large portion of the economy to the gray zone. No compliance, no taxes, no nonsense. But also no legal protection.
Of course not everything can move there. You can't buy a house or a car outside of the purview of the state, as those things need to be registered with the thugs.
Bitcoin would split into clean and dirty UTXOs. Dirty bitcoin would be cheaper as clean bitcoin can be used in the gray economy, but dirty bitcoin costs sats to clean and make it spendable in the compliant economy.
I tried LN deposits on Binance some time ago and it worked. Then I wanted to use it again and the option wasn't available.