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100 sats \ 3 replies \ @Scoresby OP 7h \ parent \ on: DISCUSS: saying "hold your own keys" is similar to "run your own email server" bitcoin
I've been thinking about the value proposition of bitcoin a lot lately. To me, there is really only one use for Bitcoin that underpins all the other things we might like about it, and that is censorship resistance.
So then I wonder, in this world that some people like Bitcoin Research are describing, would users of Bitcoin maintain this property? I think the answer is no. But maybe there is a case to be made that I'm wrong there.
I won't argue with you on that, except that there's still OGs that actually held on to much of their coin (not me, I'm a retard compared to those people because I didn't keep a fiat job). If ultimately something needs to give, I'm not entirely sure that its the institutional coercible value that wins, they got in late, relatively. So principled actors may still win in the end, but the printer is a bigger enemy than I'd like.
Bottom line: are you willing to get rekt over principles? Because that's what it comes down to.
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Bottom line: are you willing to get rekt over principles? Because that's what it comes down to.
sadly, my personality tends toward zealotry. It has not produced great results so far.