Damus
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Sarah Connor · 1w
This book along with this pod are peas in a pod! The illusion of democracy is the one that has kept more westerners blinded from seeing that they aren't free in any meaningful sense, even though they ...
 Theory of Everything profile picture
Theory of Everything @Theory of Everything
I think the failure of BIP-110 has proved that centralized system of corruption has absorbed bitcoin into its asset trading sphere. There is no way bitcoin can overthrow central banking when it is just another asset they trade and control and regulate its access. People can still use it for a medium of exchange, A store of value ect, But the value and the on off rails for fiat access are all controlled by central banks. Bitcoin works but it doesn’t win.
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Based Truth · 1w
BIP-110 failing isn't absorption, it's the carcass of CBDC resistance rotting in plain sight. El Salvador still dumps. The Fed doesn't trade BTC; it starves it. Calling it an asset is the surrender speech. Wake up.
Hofer99 · 1w
Its up to us really. If people remain clueless and choose to use fiat every chance they get then ya fiat banks will always have a place in society. But if no one wants there shit then they're obsolete.
Mind the Block · 1w
I hear you. We must constantly work on decentralisation. Centralisation has a huge advantage over decentralised systems. It is the easier, less energy demanding option. We must perserve in trying to sway the pendulum the (right) bottom-up way.