0 sats \ 2 replies \ @CheezeGrater 10h \ parent \ on: Bitcoin cold war bitcoin
He is stating a likely reality, Bitcoin is for Everyone with a capital E... that means states as well.
Please share how you propose stopping states from stacking?
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1011 sats \ 1 reply \ @DarthCoin 10h
how you propose stopping states from stacking?
Individuals stacking more and stop using fiat. That's it.
Bitcoin is for Everyone
Nope...
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20 sats \ 0 replies \ @CheezeGrater 10h
That's the beauty of states stacking, they will accelerate the devaluation of their own currencies.
States having sats does not equal states controlling Bitcoin, it does however shift incentives away from fighting Bitcoin, especially if they are competing with each other in order to have some.
We might need to speed up layer 2 improvements if we want to keep decentralization up though, if states do start stacking hard it's going to become very expensive to manage channels.
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