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Ideally, the statist asskissing ceases well before it reaches the displacement point. Otherwise, it's globally adopted at the cost of disruptive impact and ability to truly finance freely.
Niche Displacement > Accepted Subversion
0 sats \ 3 replies \ @ek 23h
Now you’ve lost me but that’s okay
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0 sats \ 2 replies \ @ryu 23h
What part creates a schism? The entire point of Bitcoin as it was originally created was to disrupt both traditional banking systems and the global fiat currencies underpinning them; I'm sure the OG cypherpunks (who are all using Monero or Pirate now, or something even more niche and/or private) and Satoshi themselves would be pissed seeing JPMorgan Chase and firms like Blackrock gush all over it now that it poses no systematic threat.
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0 sats \ 1 reply \ @ek 18h
What part creates a schism?
wanting to disrupt both traditional banking systems and the global fiat currencies underpinning them with a system that can't scale to compete with them on a global level
Otherwise, it's globally adopted at the cost of disruptive impact
you want disruption, but not global adoption, that makes no sense to me
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0 sats \ 0 replies \ @ryu 18h
When I say the latter, it's seeing its adoption in both its current form and at their hands. That's not something I'm a fan of.
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