101 sats \ 2 replies \ @grayruby 2 Jun \ parent \ on: What should bitcoin be? bitcoin
Agree with you. On one hand bitcoin performing the function gold did on the gold standard keeping fiat and governments in check seems like a reasonable outcome but on the other hand with bitcoin having solved the portability, verifiability, divisibility issues that keep gold from being more than it is, it would be disappointing if Bitcoin's eventual form is simply digital gold.
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131 sats \ 1 reply \ @k00b OP 2 Jun
Beyond that, I fear bitcoin can't stay decentralized when custody is centralized, abstracted away, and only institutions have a reason to run nodes.
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10 sats \ 0 replies \ @grayruby 2 Jun
That's fair.
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