Thread

GM. I'm so glad I wasn't in Vegas. Everything I have seen confirms my suspicions. The world financial apparatus, led by the US and aided by an army of people who only care about number go up, is trying hard to co-opt Bitcoin into a custodial asset, managed (aka controlled) by them. Don't fall for it. Bitcoin MUST be a peer to peer technology for it to succeed (NgU is NOT succeeding). I refuse to believe that it's "inevitable" that we'd get this fiat managed outcome when we hit the mainstream. Bitcoin is money for people; not governments, banks, and corporations. Fuck them. They've had their chance to run things and they've broken nearly everything. View quoted note β†’

Replies (4)

I think bitcoin usage in the future will be split into use-cases Sov Moe Uoa As the feature set of money, will of course be the broad categories But they will subdivided based on the users themself, whomever chooses to interact with the network, and however they do it The question is will the volume and density of those users reflect a similar structure as to today? Ie large transactions are done by large corporate players Ie people like to use a bank (custodian) to then custody and transact for them Let’s see I think the key, as you say, is the ability of the network to remain a peer-2-peer digital cash technology, ie if you want to send a no-nyc transaction, you still have that ability I also, truly hope, that more people shift away from trusting others with their wealth, and do it themselves. There is such power in the sovereignty Given it’s a different playing field altogether, my expectation is that how money is used will be dramatically different to the status quo Therefore the β€œcapture” you are concerned about, is ultimately not going to happen, and things like the Bitcoin conference are actually just corporate funded megaphones for propaganda, an agenda that is in fact not reality Cheers to taking responsibility of your money πŸ’ͺ🏻