65 sats \ 0 replies \ @jgbtc 13h \ on: F.C.C. Votes to Restore Net Neutrality Rules tech
A regulator voted to give itself more power and control? What a surprise.
When I think about your worst case (which I do from time to time) I always come back to: "What is happening to USD during all this?" Will people just bend over and take hyperinflation? Maybe so, but like Christine said, if there is an escape that escape will be used. Anyways, it's interesting to think about.
There is always a point on the road to totalitarianism where government becomes obsessed with identification ("papers, please"). Sadly we are at that point.
Bitcoin is a dire threat to the state. They wouldn't be doing this otherwise. They know it takes away the seniorage, power, and control that fiat gives them. There will be a final reconning, this has been true since Satoshi mined the genesis block.
Now is the time to remember: they are losing and they know it. The dollar is losing its reserve status. The US government is run by a senile puppet controlled by pedos. The equally corrupt and incompetent government is spiraling into totalitarianism, surrounded on all sides by threats like free speech, the internet, failing institutions, collapse of trust, encryption, and most of all Bitcoin. This is the moment it was created for.
It is inevitable that the state will attack bitcoin in every way it can. It's not inevitable that it will win. Given the first part, keeping a low profile, not bragging about enabling illegal actions online for example, is important. Bitcoin is censorship resistant, key word resistant. The level of that resistance is affected by behavior.
10 sats \ 1 reply \ @jgbtc 23 Apr \ parent \ on: What is your alter_native form of exercise? alter_native
About a year. It's awesome. Hardest thing I've ever done. It is good motivation to do all the other stuff.