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286 sats \ 0 replies \ @Brunswick 15 Oct 2022
Bitcoin adoption through government is the same as asking them to return to the gold standard; It ain't gonna happen.
Can you get a morbidly obese person to switch from eating seed oils and carbs, and reduce their caloric intake? Maybe you'll find one who will do it, but the rest won't.
Is Hunter going to stop doing blow off the ass of a hooker as long as he can take in billions in a year? Not a chance.
Let's not worry ourselves with how were going to "house the homeless" and "disarm nuclear powers", their choices were made long ago.
The task we have in front of us is to build parallel agorist systems around bitcoin, and show everyone how cool and fun it is to have a real store of value. One that can be used to pay for real things anywhere in the world in the blink of an eye and without every glowie AI corporate spook watching our every move.
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69 sats \ 0 replies \ @HODL 15 Oct 2022
Unless the users change - I mean all of us.
Once people stop bringing their bitcoin to casinos like coinbase, the ones looking to buy will start using places where the coin is available.
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0 sats \ 0 replies \ @f321x 16 Oct 2022
Bisq and RoboSats fix this already
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0 sats \ 0 replies \ @8 15 Oct 2022
Am I wrong to think that self custody cancels out the KYC? (almost)
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0 sats \ 0 replies \ @l0k1 15 Oct 2022
Bitcoin adoption cannot happen first where people have no reason to want a very low inflation money anyway. And it's not just the west that is screwing this up. Every populous nation in eurasia and the americas is screwing it up. China, Russia, India, Brazil.
Only little countries have a clear and present incentive to adopt right now, and of these, only some have imminent prospects of government cooperation anyway.
Where people are already on the grey market standard and taxation avoidance is the rule the failure of fiats will drive adoption.
Once the street has adopted it, then the chances of governments formally "allowing" it goes up a lot.
The establishment has no interest in adoption, it is our business, and just as the network effect of Bitcoin led to its current billion dollars of market cap, it will eventually bend these governments over and ram it in anyway.
The rentseekers do not want this because it will derail the gravy train, but dinosaurs can't stop comets either.
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0 sats \ 0 replies \ @deleted231216 15 Oct 2022
deleted by author
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