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10 sats \ 1 reply \ @ElectronicsQuestions 19 May 2023 \ parent \ on: What if we're wrong? bitcoin
"What you describe is total tyranny and if people submit to laws like that then we have a much bigger issue than money."
Exactly. What I mean is that every sign points to the vast majority of people actually submitting to whatever their government says, at least in "developed" countries (makes you wonder what kind of "development" is meant...). I have had hope that there would be a breaking point where at least a substantial, loud-voiced minority would stand up and say "no more", and get traction, but for every year that passes, it seems less and less likely.
Yes, Bitcoin, certain groups of activists, programmers, etc. are trying, but the vast majority chooses not even the easy way, but the compliant way. If Bitcoin becomes so easy to use and beneficial that it saves hours of the day and increases living standard by 2X (which I'd argue it already is and can in some cases), and it became illegal, even if just a hefty fine, the vast majority wouldn't use it.
Most people don't know the first thing about keeping their tracks hidden, but even more people wouldn't keep using Bitcoin even if they knew they could stay perfectly hidden (which is impossible to know for certain), because they don't want to break the law. They think the law is what decides what is morally and ethically right.
Maybe it will be different if there are "example countries", such as if El Salvador is allowed to flourish for 5-15 years, much like communist countries' populations found out about the prosperity in more capitalist ones.
Since Bitcoin is global however, that would require that nothing too damaging happens in the rest of the world until then, or El Salvador will be dragged down along the rest of the Bitcoin value, and probably make their people demand they end the experiment.
I believe it's more of a race against time than an endless battle. Bitcoin soon-ish or Bitcoin never, or at least not for a hundred years or more.
Again, Bitcoin is a big part but not the only thing.
When tyranny takes over the empire/country falls.
The best people leave or are imprisoned.
Other countries get the opportunity to be leaders.
The system naturally resets. We are arguing to avoid all the pain and suffering…. But we will go through it and the fall of each empire if the tyrants never stop trying.
They will never win
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