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313 sats \ 6 replies \ @CoSatoshi 30 Jun 2023 \ on: Let's hear your controversial Bitcoin take. I'll go first: bitcoin
Agreed!
My unpopular take: the US government NOT will somehow be magically be 'incentivized' to play along with Bitcoin instead of attack it; this is wishful pie-in-sky thinking. They have every corrupt-incentive to attack it and end it despite any perceived 'costs.' They serve their masters and will do anything... and I mean ANYTHING to protect the hegemony of the USD.
I don't disagree that the state serves its masters but what if its masters become owners of bitcoin? The US will do anything to protect the dollar's dominance until this becomes impossible. We often have a very short view of history. All empires fail. The US empire will as well. The question is what will replace it. The dollar will fail. What will replace it. It is inevitable that the status quo will not remain static. It is just a question of how many years, decades or centuries at most.
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I'm with you that Bitcoin will win, ultimately over a long enough timeline. I just don't agree with the claim that the US gov. won't attack it because they're somehow 'incentivized' not to do so. That, specifically, is what I believe is false. Agree with you fully otherwise.
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The next few years are gonna be where either see an attack or don't see one. I think the likelihood of direct attack gets smaller every day. They appear to be attacking indirectly already and I suspect this will continue for the foreseeable future.
One huge advantage we have is that the state is full of individuals that have their own agendas. The state is not a well oiled machine. It is powerful but it is not a singular all powerful force.
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That is a good point. However, I don't believe those are the ones Bitcoin needs to be worried about. I'm thinking more in lines with the CIA, NSA, and other intelligence agencies and dark/shadow organizations that have a sordid past at the behest of the rich elites.
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Yeah, valid. But I'm actually referring to those agencies as well. Historically they compete, have differing goals, and often fight each other. Same goes for the elites. The transition is not gonna be fun for sure. To me, bitcoin is more like a life raft. I truly believe it is beyond the point of being stoppable. Now, bitcoiners can be stopped, for now at least.
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Agreed; it's beyond stoppable unless the gov. goes full China on our asses.
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