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Mainstream adoption must involve IOU-bitcoin to some degree, there is simply no way to onboard a billion people without it.

AFAIK he hasn't disputed this, what did I miss?

This fact also doesn't mean we (maxis) should embrace every bullshit scam (federations) that makes false promises on how to mitigate trade-offs.

holding narrow and militant views of things

The alternative is holding popular and unprincipled views. Long term things evolve around the nuances of principle.

alternative is holding popular and unprincipled views

Its not "either / or".

You can be both principled and also acknowledge that things will likely change in negative ways that impact those principles over time.

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I think we're at very a different understanding of the nature of principles

No one is denying the existence of entropy, but many things are constant, and to forget or dismiss those is to repeat the errs of history.

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