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0 sats \ 0 replies \ @justin_shocknet 30m \ on: Can Bitcoin succeed without widespread adoption? bitcoin
Bitcoin's success is in the eye of the beholder, much to the dismay of many there's no consensus as to what Bitcoin is or what its goals are. Those are personal projection and nothing more, what you're really asking yourself is, "am I being realistic?"
For example, your entire framing can be undone with one different assumption. Assume a faction within government created it, what does that mean for it's success and the implied role in the world for it?
The definition of adoption is another assumption altogether, as it's mere existence has impacts beyond its immediate users. Do nuclear weapons prevent war if they're never used?
It's comms to their handlers, an affirmation of fealty now that territory has become contested... requisite for their appointment to that title, one responsible for managing kickbacks/donations to the institution
I thought Putler pushed people out of windows instead of firing them?
Ironic that the same intel analysts that keep themselves funded through Russia fud are the same people that would do anything to stop Musk
Indeed, the problem is most people will fuck up those 3 things even if they knew to do them.
These are intuitive things to you and me, and why its so difficult to put ourselves in others shoes. It's taken years for me to look at what your otherwise good list this in way this way:
write everything down
The masses need
everything to be thoroughly defined, but also that definition can't be too long to read because they won't bother reading it.keep it somewhere safe
Needs an exhaustive list of examples of things to be safe from, and what constitutes safe in each context. +DR action plan.
tell someone you trust
Trust to do what exactly? Trust not to do? Action plan a scenario where trust is broken...
It's painful to think about how many layers of clarification are needed when zero knowledge is assumed, and then how to not turn that into a full operators manual nobody wants to look at.
I have no qualms sending people to a custodian like River or an ETF depending on their goals, and do that often. I'd rather that than have them lose what they've bought. I've never recommended a HWW, I have several in a foot locker that have been given to me at conferences etc and don't think I've even unboxed any of them.
Bitcoin to me is about ending central banks and the societal issues that come from it, that's different than rampant holier than though virtue signaling about ending all financial services entirely. Self-custodial optionality is the real virtue pillar to keep things in check, and that doesn't make self-custody a must for absolutely everyone.
My goal with Lightning.Pub is to bring those custodial relationships closest to home as possible, using the velocity of means-of-exchange to incentivize that.
However many stories you've heard of people losing coin, a seed phrase was the most likely contributing factor for some of the reasons mentioned already.
The problem with seed phrases is they're meant to make self-custody easier for ignorant people but don't solve for the fact that people are ignorant:
- People screenshot them, which then they get leaked
- They write them down, either losing what they wrote down or having that get stolen
- Infinite cases of HWW's pin resets combined with lost write-downs
- Save them in unencrypted files, then get swept (phrases easily detected pattern)
- Phishing sites ask for them
- Phishing phone calls ask for them
- Other dumb shit like this:
Seed phrases, by attempting to make things quick and simple, does not force the user to be deliberate... yet storing what is potentially your life savings needs to be done very slowly and deliberately.
This being such a critical issue and now spreading into Lightning nodes has forced me to start thinking about it from a product standpoint. How does your family get your sats if you die while running a routing node? Riddles, dead-man-switches, multi-layer encryption, geo-replication... lots to consider to make this stuff mainstream and safe.
I think they're retarded, but don't talk about it much because then people expect you to lay out an alternative for them. And reality is the alternative is effort and people hate putting in effort.
They're a cash grab by their sellers, no value is created by them, just the illusion of peace of mind.
Combined with seed phrases, HWWs loose people more coin than anything else. Seed phrases are a horrible idea thats never been used in Bitcoin Core for good reason.
Phrases get lost, entered into phish sites, screen-shotted, saved in email drafts.. etc etc etc... and every HWW rely on them. Disaster.
HWW's themselves introduce new supply chain risks, dox risk, can't hide in plain sight, and each one is different enough its hard to get/provide generalized support.
Self-custody needs a lot better tooling, period. Geo-redundancy solutions with multi-layer encrypted dead-man switches, family riddles, etc...
Maybe once those tools start to drop HWW's (and seed phrases) will finally die like the ought to.
No good, the test invariably becomes a feedback loop.
A ballot for everyone with a pulse (in many states even that is optional) doesn't work either though, that just creates harvesting ballots.
Landowner-male voting as a form of stakeholder voting wouldn't be consistent in modern society either, but there's a case to be made for a modernized equivalent: Head of household voting.
Much like tax reporting where you're a dependent or have dependents, and said household gets one bill or credit, the household decides the responsible party for voting. There's organically a leader in each household, if the family recognizes them so to should the state. This is how minors get counted for well, 2 parents 2 kids = household 4 votes.
The left could never be against votes for minors and multiplying the votes of single mothers, right?
This is devastating, without USAID and the CIA who will fund rounds to attack Bitcoin?
Photo of the last helicopter out:
Yahu seemed caught off guard by this, and the Saudi's already said no way... real time negotiation tactic/exposure op... taking the steak away from two fighting dogs.
Still long popcorn.
I worked for a company that did this decades ago, its an industrial psychology op...
Gist is they brainwash employees with it, and I mean heavily, like with like workbooks and shit completely unrelated to your job and retreats with other ESOP companies to do cult rituals. No exaggeration.
Allegedly this helps with retention and wages, but then also the owners of the company get to use the employees retirement funds as exit liquidity by setting up an ESOP purchase plan and that is the employee ownership, buying your own company vs say a 401k or whatever
The 4th or 5th largest state doesn't have the resources to be self-sustaining, not while maintaining a decent standard of living for its people anyway... it's ascension into the US is inevitable.
Tariffs are just the tip of the iceberg, Trump hasn't even mentioned Five-Eyes and countless other welfare programs yet... we're still slow-walking.
It took till today for him to mention Banking in Canada... drip drip
Sure, terminology is definitely debatable... classical liberal is a term that often describes your form of leftism and I think accurate.
I was using terminology as the OP had in their attempt to untangle irrationally overlapping ideas. Nomenclature aside, my point being that anti-bitcoin and collectivist ideologies cluster as a symptom of a deeper psychological profile.
They were leftists for undermining corrupted leftism peddling governments?
Pretty clear libertarians, heck Snowden is even under the protection of Putler and not Europe. (I have no doubt something with Snowden and Trump will happen with oddly convenient timing)
I'm sure there's plenty of people with some left sympathies (empathies), but are also thinkers and therefore not collectivists, and thus into Bitcoin. That's much different than an avowed collectivist who derides Bitcoin because they can't think up a way to channel it towards their goals.
Your views on Bitcoin are a direct result of how resourceful you are with information and how well you can extrapolate.
Given their intelligence
Lol, leftists can be knowledgeable on subjects in the spergy sense... But they're leftists because they're pathologically not intelligent... They don't operate on rationale and truth, they operate on emotions and consensus
Only a leftist could be an empath but simultaneously against individual sovereignty
making a dent into the massive public debt
People are mid-curving this trying to square the circle around revenue and the debt, particularly irksome in Bitcoin where we know you can't taper a ponzi.
This is a currency war.
Gutting the fed is offsetting the income tax and slowing the print relative to foreign currencies, which strengthens the dollar against other fiats. The tariffs further slow the export of dollars, which is a big problem for the rest of the world who's debt is largely denominated in those dollars.
This will create a global debt crisis and defacto jubilee that crushes all other fiats in a necessary step toward Bitcoinization as I've been saying for some time. Dollarization via stablecoins is another prong in this attack.
Greenland’s residents don’t want to be part of the US empire
Says who? It would seem they want to tell the Danes to GFY above all else, and they also need money... a deal with the US achieves both ends.
Had intercontinental ballistic missiles been such a material thing in the 50's, the US would never given it back. The Space Force base there is our early warning system for trajectories over the arctic, and even that is barely adequate for the Soviet Union for whom it was built... considering China's ICBM build-up more stations are needed.
This is all without mention of nuclear submarines and arctic sea lanes. It's happening (if it hasn't happened behind closed doors already) because it's a no brainer.
The only question now is minor details and context of disclosure, will european monarchies be allowed to save face during this re-alignment, or are they going to get exposed as the parasites they've been for centuries?
Not lost on me this is two retarded articles from Mises in as many days, sounds like they've been captured by WEF money.