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Is there an alternative or is Bitcoin really the Authentic Private Property ⁉️🤔
504 sats \ 31 comments \ @flat24 15 Dec alter_native
This question comes to my mind after seeing what has happened in the urban development where I live with my family.
Nearby they have begun to demolish houses, small buildings, sports centers and even a church, although we know that the latter is the least important and the most benefited from this.
The only one who wins on this occasion is the priest who will not miss the opportunity to build a new church and of course manage resources while the construction is carried out. And you do not have to be an auditor to know how those resources are managed. For every $3, two go to the priest's pocket and the last to the construction of the structure.
In another corner are the inhabitants of those houses, who possibly receive compensation for the demolished bricks, but not for their time and experiences on those lands. Which were never really theirs. It does not matter that there was a paper that indicated that they were owners. In reality they never were, the real owner was always THE STATE. They are the ones who at the end of the day have the last word, just like it happens on this occasion.
THE STATE decides to build a new road, and everything that is in its path will be demolished to carry out its work. Where once again we see the magic of money management, a part for the pockets of those involved, and a third remaining part destined for the road.
These are the examples of daily life that keep me hopeful and totally focused on Bitcoin. There is nothing on the earth's surface that allows us to protect our private property like Bitcoin does.
I am a believer in also having your bricks, but these should not be in the city, at the mercy of authoritarian governments that can decide at will when to throw them and when not, at least this is my thought.
I think that to really aspire to be the owner of your bricks and your land, you must be strategically located, you cannot be anywhere because at any time. They can confiscate it either by force for some displacement or another reason, or by good means as happened in this example, they give you something compensatory and goodbye, get out of the way the machinery has arrived.
Bitcoin represents the top of the pyramid with respect to private property, there is no way to contradict that. Once you secure the maximum of your energy in this unbreakable private property, then you can alternatively locate yourself strategically speaking in some town or area that meets the optimal requirements of a place to live and have some private property there.
I invite you to comment and express what you think about the alternatives that exist for private property
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10 sats \ 2 replies \ @Fabs 15 Dec
There's nothing that comes close to Bitcoin. Period.
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0 sats \ 0 replies \ @flat24 OP 15 Dec
Nobody can argue with you about that!
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0 sats \ 0 replies \ @guts 15 Dec
As "digital gold"
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0 sats \ 0 replies \ @8f64653d9c 16 Dec
Bitcoin es inconfiscable ni los bancos ni el estado son dueños de tus bitcoin
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0 sats \ 1 reply \ @mdominicorobin24 16 Dec
Shipcoiners are always wishing that there is an alternative to Bitcoin. They thought that they were late in the game. No matter what happens they will always think that they are late in the game. Alternatives are for wimps.
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0 sats \ 0 replies \ @flat24 OP 16 Dec
Of course it's not too late, it will be too late when we stop breathing. And I think that the cowards, who don't even touch the alternatives to bitcoin, will be in another category (shitcoiners), the really cowards stay in Fiat thinking they are on the safe side. The real cowards are the Non-coiners
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0 sats \ 1 reply \ @DesertDave 15 Dec
It kind of seems like there is nothing like Bitcoin in terms of being actual private property. It is the only thing that can't be taken by force. You can store it in your mind. It is the most unique asset ever. Truly mind blowing.
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11 sats \ 0 replies \ @flat24 OP 15 Dec
Exactly... I think what defines importance in its maximum expression is the capacity that we have to keep that key, and the fact that it can be safe in our mind is totally mind-blowing.
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0 sats \ 0 replies \ @Msd0457890 15 Dec
Excellent post, my friend, one more example that the state does what it wants without caring about the consequences. Bitcoin is our way out and the only thing we can treasure without them being able to take it away from us.
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0 sats \ 20 replies \ @000w2 15 Dec
I hate to break it to you, but numbers can't be property. You can't own the number 7 for example.
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1 sat \ 1 reply \ @flat24 OP 15 Dec
I don't want to own any number as property, I just want to store my energy in the best private property there is. 🍊⚡
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0 sats \ 0 replies \ @000w2 15 Dec
Your private key is a number. I'm pretty sure you do want to own it, I'm just pointing out that you can't. The best you can hope for is to keep it secret.
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0 sats \ 7 replies \ @Fabs 15 Dec
What's the point your trying to make? Bitcoin is the closest thing to true ownership - besides one's body - out there.
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0 sats \ 6 replies \ @000w2 15 Dec
I don't disagree, but I think we should be careful about language
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0 sats \ 5 replies \ @Fabs 15 Dec
It's a fact that he's the only one with access to the UTXO's In question, and thus owns them.
That's the whole point of ownership: being the one with sole access and say over a given item.
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0 sats \ 4 replies \ @000w2 15 Dec
And if someone else gains access to the key you no longer own it?
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0 sats \ 0 replies \ @flat24 OP 15 Dec
this is what you should avoid at all costs.
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0 sats \ 2 replies \ @Fabs 15 Dec
Not if they take it, which they will.
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0 sats \ 1 reply \ @000w2 15 Dec
They might just hold onto the key, while you keep stacking into it. There is no way to know you have exclusive knowledge of a number.
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0 sats \ 0 replies \ @Fabs 15 Dec
Yeah, because if you'd have access to someone's wallet holding 0.24 BTC, you surely would simply wait until they themselves move it, huh? Wtf.
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0 sats \ 9 replies \ @SwapMarket 15 Dec
correct, because 7 is trivial to guess. but a 256-bit number is impossible to guess, so I do own the secret it unlocks.
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0 sats \ 8 replies \ @000w2 15 Dec
You control it, you don't own it. If someone else finds the key, they have the same control as you. Ownership is a social/legal construct, it requires the acknowledgement from other people.
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0 sats \ 7 replies \ @SwapMarket 15 Dec
That's custodial ownership. Behave and pay taxes, and we will let you keep it. Nobody can take Bitcoin from me unless I fuck up.
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0 sats \ 6 replies \ @000w2 15 Dec
Nobody can take anything from you if you keep it completely secret. I'm just making a point about the definition of "ownership".
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0 sats \ 5 replies \ @SwapMarket 15 Dec
You said numbers are not property, I say they can be. I keep my private keys secret and use them to exercise my ownership rights over valuable assets (sign transactions). That's ownership.
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151 sats \ 4 replies \ @000w2 15 Dec
You have no way to prove that a number is known to you exclusively. If someone gained access to "your" key and spends the coins, the Bitcoin network won't recognise your ownership, the best you can hope for is that the legal system considers you the owner.
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0 sats \ 0 replies \ @flat24 OP 15 Dec
I totally agree with your point of view. What is really important is the secret. Obviously, as you mention, we cannot be the owners of the number that keeps our SATS. But we are the owners and responsible for keeping that secret that leads to our SATS. Here I consider that cryptography is magic. And I understand why it is a fundamental piece of bitcoin when it comes to considering it as a vehicle to store and hoard our energy burned after work.
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0 sats \ 2 replies \ @SwapMarket 15 Dec outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.
0 sats \ 0 replies \ @Akg10s3 15 Dec
"Out of every $3, two go into the priest's pocket and the last one goes to building the structure"
Totally true 😅😅...
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