100 sats \ 2 replies \ @Scoresby 2 Jun \ on: What should bitcoin be? bitcoin
I'm still onboard for the peer to peer digital cash vision.
It's pretty incredible that Bitcoin exists and works and has gotten sturdy enough to support all the various uses that exist today. And it makes sense that we proceed with caution, lest we destroy this wonderful thing.
But, it's too common a story that those who hold on too tightly to the thing they love end up strangling it.
Luckily for us, bitcoin is an open, permissionless, voluntary system, a lot like a language. Languages are incredible because nobody has to ask to use them in a novel way or even to change them. The changes catch on and we understand each other or they don't. And the dictionary people are only ever playing catchup to the living, breathing thing.
I hope we don't shut our minds to new words and ways of using them entering into Bitcoin. We just have to avoid the stupid ones like how everyone says "Let me be clear" now.
I'm still onboard for the peer to peer digital cash vision.
Me too. But it's probably not worth risking SoV for MoE. I do think it's worth risking SoV for few so bitcoin can be SoV for all though.
Luckily for us, bitcoin is an open, permissionless, voluntary system, a lot like a language.
I love the language metaphor. It's a pretty pure thought transmission protocol and it does have some kind of rough consensus to it, and a strong consensus/structure at the genetic base layer (assuming Chomsky is right).
We just have to avoid the stupid ones like how everyone says "Let me be clear" now.
lol
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I see the direction leaning much more heavily into the SoV version of P2P cash, but I see tremendous adoption happening from a payments standpoint once we see tax-free transactions in the U.S. Nobody wants to figure out and split hairs on small-dollar tx cap gains.
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