119 sats \ 0 replies \ @elvismercury 27 Apr \ on: Samourai Indictment & FBI Notice Are An Assault On Bitcoin And Privacy bitcoin
A common response to this assault has been to “code more” and build more resilient protocols, a necessary but insufficient answer. Bitcoin is more than just a ticker on a stock brokerage. It is a technology and a tool meant to give control back to the people rather than being an array of tools used to enforce control. It requires a holistic effort that considers legislative power, tapping the popular will, and new technologies that can reinforce the critical concepts of digital privacy, control over one’s assets and information, and the censorship-proof and decentralized nature of Bitcoin.
Exactly so. Btc will be fine, in the end, regardless of what happens. But people having their heads up their ass wrt whether or not they need to play the game -- to exert influence through the channels of power where influence is wielded -- will dictate whether btc achieves its destiny in ten years, or fifty. In other words, whether they're in a position to benefit from it while they still have their own teeth.
I've never been able to figure out why people don't care about this, but they will eventually wish they had. Some of these issues are discussed in the podcast linked here, which I recommend highly, even though it's on another topic.
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