I've worked in web software dev since 2006 and very quickly I learned about Free & Open Source software. The idea that anyone can download the source code to an application, audit it, modify it, or fork it is very empowering. I've learned so much because of this practice. I've seen how OSS out performs closed source on security over and over again. I've seen the power that an open protocol can create with RSS, HTML, and JSON. So when I first heard about bitcoin I was immediately interested. At the time I was very new to Austrian economics and the liberty movement so I really didn't get that part of it fully. As I began to learn about how the Federal Reserve worked and how they were stealing our life force (wealth) silently and with little push back I became very anger about it. I followed Ron Paul and he accepted bitcoin which I thought was interesting. Then the 2017 bull market got my attention. I started thinking about what open source money would mean. What if the rules for money were in code? What if it took massive consensus to change the rules instead of appointing some jerk to a board run by the bankers?
If you recall Ron Paul's big push was to audit the Fed. Seems reasonable right? I mean this entity which controls the money supply which affects almost every person on the planet. They should have accountability right? Well, most politicians do not agree. Ron Paul's attempt to audit the Fed failed. He retired and no one is even attempting to do this now. It will never happen. It taught me that the true way to change things isn't to reform existing systems. The way to fix the world is to build something new. Something better. Something that will unseat the status quo. The good news is we already have that thing. Its bitcoin. Its open source. Not tricks. No hidden elites calling the shots. Just those that join the network and run their nodes. Deciding which set of rules to accept. It is a revolution that hasn't been recognized. It will happen though. As many say, gradually, then suddenly.

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True, too many people are yelling at the fiat system in the hope of ever see it change one day but not realizing #Bitcoin already fixes it on a parallel way.
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64 sats \ 1 reply \ @nullama 18 Jan
Banks and other financial institutions recognized Bitcoin as a threat and now they are basically running the same as fractional reserve banking in the exchanges as they don't have the original Bitcoin they promised their customers.
Not your keys, not your coins.
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This is VERY likely. We know FTX did this. I suspect others do as well.
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There comes a moment in the Bitcoin journey where one finally realizes how profoundly sound Bitcoin's store of value is compared to any fiat currency ... and even gold. A priceless treasure with proof of work exposed in plain view for everyone to see. Like Excalibur frozen in the stone, only the cryptographically and thermodynamically sealed bearer of the key may draw it.
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It is clear that the fiat system is failing and sooner or later a solution will have to be found, that solution already exists, but few have realized that, time will do the work.
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I'm no way into bch but shouldn't a foss fork complement each other if the bcashers network were to gain more traction, there's no reason why retailers in the future couldn't accept btc & bch?
Would it be any different to them accepting visa, mastercard and Amex as they do currently
When running a node becomes just as normal as running a chip and pin terminal, couldn't the retailer offer payment in either iteration?
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BCH was a failed hard fork, not a soft fork which mean they went separate ways. Hard fork = other blockchain other money Soft fork = still same money interropable
Running a node can be normal and easy if blocksize stay small and limited so less resources is needed to maintain it, that's not the case with big size blockchains
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I see! thank you for explaining 🙌
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there's no reason why retailers in the future couldn't accept btc & bch?
Would it be any different to them accepting visa, mastercard and Amex as they do currently
This is apples and oranges isn't it? BTC and BCH are like two different fiat currencies. Visa and Mastercard are second or third layers on fiat. Not currencies. Lightning or another L2 would be more like the credit cards systems.
If a retailer accepts multiple cryptos (some do) then they have much more to manage or outsource vs. one. As BTC gains dominance it simplifies so many things.
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Yes true, I learnt the soft hard fork thing as per previous poster, the absolute main thing to take from this, is SN has actual engagement from highly educated plebs, founders to normal stackers like moi, and that is the reason I love this
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