1 sat \ 1 reply \ @Coinosphere 18 Dec 2023 \ parent \ on: Not so toxic rant, but this ETF stuff made me realize something bitcoin
I think at some point every household will own a node, just like they own a wifi router. That's the bitcoin standard.
That's a beautiful vision. You must still think of the masses as fine, upstanding, intelligent people on average.
I'm sorry, I haven't met anyone like that in a while. IMHO, the masses are basically socialist consumers who demand everything spoon-fed to them and complain about it being too hard anyway. And I'm being nice there in that description.
Even if forced onto the bitcoin standard they'll demand custodial solutions. Like, 90+% of the planet.
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0 sats \ 0 replies \ @Line2Wire 18 Dec 2023
I believe in re-education. I believe that if people go through enough (rather, I've seen this myself), they'll regain the want and remember the need for holding their own wealth - And technology for the first time makes that a viable approach, even if the UX requires refining. The world is in a perfect state to catalyst exactly that kind of mentality shift.
That being said, most of all, I want choice. I want to be able to hold my own keys, and I want you to be able to hold your own keys even if you believe you shouldn't - That'll then be your choice to make, but not mine or anyone else's.
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