pull down to refresh

Bitcoin Neutralityyoutu.be/BT8FXQN-9-A?
608 sats \ 3 comments \ @Car 27 Apr bitcoin
Bitcoin doesn’t care who you are. It only cares if you follow the rules.
Bitcoin neutrality refers to the idea that Bitcoin, as a network and protocol, does not discriminate based on who is using it, where they are, why they are transacting, or what they believe. It’s a system designed to treat all users equally, no matter their background, wealth, politics, or intentions — as long as they follow the rules of the protocol.
Very important to watch this as Andreas truly was ahead of his time. We are seeing a lot of what he said here play out in real time.
write
preview
related posts
288 sats \ 2 replies \ @optimism 27 Apr
I regularly listen back to Andreas' decade+ old narratives because they're full of gems and opportunities to ask yourself "is this still true?"
For example, early on in this video:
The US will be the last in line for Bitcoin.
Do we still think that the assertion that the US populace will be the last to use bitcoin (as MoE) holds true today? Personally, I've started to think either Europe or India may ultimately be the last to come. My yet incomplete thoughts:
  1. A weaker dollar (which is said to be the intent) means that the people need to hedge. It doesn't really matter on which side of the fence you are right now (maga don't like Powell, libs don't like Trump) so you're always not getting what you want for your USD. This means it makes sense to transact in something neither control: sats.
  2. India and EU/UK are on a path of reinforcing their sovereignty (of their states which is kind of useless to the pleb) which means decreasing liberty and increasing surveillance laws all the time. I also don't see much resistance to this in EU/UK, kinda sad.
  3. US uncertainty and again a weakening dollar diverts international contract denomination not just to BTC (like for Russian oil in sanction evasion), but also GBP and EUR for the less adventurous.
Thoughts?
PS: I cant help but feel that there is a 2-3 year window in the US now to embed sats as a wider accepted payment method. Maybe longer but that's what i feel is a conservative window of opportunity right now. It would be a shame to let that go to waste?
reply
100 sats \ 1 reply \ @Car OP 27 Apr
I regularly listen back to Andreas' decade+ old narratives because they're full of gems and opportunities to ask yourself "is this still true?"
Same, working my way through them asking the same type of questions.
The US will be the last in line for Bitcoin.
Yes, I do. People with influence in the ecosystem are pushing an entirely different agenda that lines only their interests. This is not adoption, this is faux engineering.
Plebs should do their best to get self-sovereign, get friends, family onboarded to Bitcoin while they still can. We will have to fight for this right in the near future.
reply
100 sats \ 0 replies \ @optimism 27 Apr
get friends, family onboarded to Bitcoin while they still can
Yeah I think this is the oppty right now. I'll be on boarding as much as I can.
reply