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102 sats \ 6 replies \ @Undisciplined 11h \ parent \ on: The part of Bitcoin you *have* to trust bitcoin
That’s what I don’t agree with. I don’t see why we can’t assess what the state can and can’t do.
It’s complicated for sure but ultimately it should rest on the same axiom set as our other economic theories.
I look at the world and I believe the state is capable of shutting down internet access. I believe the state is capable of closing all centralized on and off ramps from bitcoin to fiat. I believe the state is capable of identifying people who have used bitcoin and using violence to put them in prison. I believe the state is capable of seizing mining equipment or removing miner access to power. I believe the state is capable of pushing all bitcoin usage to paper bitcoin and putting such onerous kyc requirements on bitcoin usage that few people use it.
I believe a lot more about the state, but what I don't know is whether we have reached a point where the state can't do these things anymore (because bitcoin usage has become so widespread) or whether the state simply has no appetite for it. It's also possible that these are the same thing...until a regime change.
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Some states can do those things to some people.
Can any one state do those things to all people (aside from destroying the entire world)?
I don’t believe there is any nation (and it would obviously have to be America) that can pull this off.
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we can definitely assess
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If the axiom of resistance is your favorite, the threat-level paradox is mine.
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Its conclusion is my favorite thing to work on mitigating. To do this, one travels outside their comfort zone of advanced economies. I've spend over a third of my life in hostile places. Hostile to me, hostile to freedom, hostile to the common people. Learned a lot. Made some change (but not enough.)
As I shared yesterday I may spend a couple of years participating in advanced economies to fund the next and probably final round. It's not what I love, but ultimately, it may help me do what I love. Which is undermining the overseer.
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