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0 sats \ 2 replies \ @Solomonsatoshi 6 Jun \ parent \ on: Let's Talk Solomon's Points: Has Bitcoin been captured and what is going on? bitcoin
I understand Bitcoin and embrace Bitcoin as money, and that it was created with the intention that it can be used as money- ie as a SoV and P2P MoE-
My main point (which you grossly misrepresent and do not credibly refute) is that the state and banks have largely and slyly succeeded in obstructing the MoE use of Bitcoin to a very high degree that effectively protects their fiat MoE monopoly which is the basis of their power.
You can ignore or misrepresent and misunderstand the points I make but that does not refute them.
I am not here to assmilk or be popular- I am here to raise issues you and most others here are clearly desperate to avoid...as demonstrated by the failure of most respondents to even honestly and directly address, let alone refute, the issues of MoE obstruction I have raised...rather than seeking to attack me personally. . . in that shoot the messenger avoidance I believe you undermine the chances of success of the protocol by failing to deal with honestly with the challenges the protocol faces.
If we as a community cannot even acknowledge and discuss the challenges the protocol faces how the fuck can those challenges ever be responded to?
Your populist 'solution' seems to be to pretend they don't exist- good luck with that.
I said it there, your argument is speculative. ‘If by chance all the addresses were corporate speculators’, they’re not. ‘And in 100 years when the block reward is very low’, speculating based on a post just a few hours old. ‘Everyone will be holding and not moving’ based on something you pulled out of your ass. ‘Then miners won’t have incentives to keep the network running and it will be unprotected’ — if if if if. That’s not an argument here or in any language.
If my grandma had wheels, she’d be a bicycle. That’s the level of argument I saw in your post.
If that IF were really so worrisome, the network would still be protected by the miners; the network’s protection is defined not only by the incentive of fees and rewards, but by the protection of the coins already obtained. Trying to presume what the network will look like in the future just to make it fit your awful argument only makes the pile of nothing you wrote even worse.
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My argument is based upon what has already happened and observable trends and absolutely does not depend upon 'all addresses being corporate speculators'- it is based instead upon MoE use being sufficiently obstructed to prevent network effects which would result in Bitcoin MoE growth presenting a credible threat to fiat MoE dominance.
My argument does not rely upon 'Everyone will be holding and not moving'- it only relies on MoE use being sufficiently obstructed to prevent network effects which could result in Bitcoin MoE presenting a threat to fiat MoE dominance.
You can ridicule ANY argument by misrepresenting it, by exaggerating/parodying it, but that is not a credible reasoned refutation. It is a cheap trick.
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