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20 sats \ 1 reply \ @jerrybature 19 Sep \ on: Bitcoin & Crypto Regulation in Nigeria 2024 bitcoin
If bitcoin is a permissionless system, why are people seeking government approval, the very government that bitcoin is trying to liberate humanity from?
Why not teach the people bitcoin? Bitcoin is meant to be a monetary tool solely for the individual. Peer-peer, that's what it is. Ever since I discovered bitcoin, I've been using it without seeking for permission from any bank or government. It's up to the people to understand bitcoin.
A tool by itself cannot liberate a man from slavery, only when he decides to educate him about the tool on how to use it, will then be able set himself free. Bitcoin education is the key.
Bitcoin is permissionless on an individual level but when you want to use it as a business... the local regulation is a choke point...
Education of the right regulation and in some cases, forcing the hand of the regulators is essential for mass permissionless adoption
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