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by throwaway_kufu 1886 days ago
So long as the internet is required to use Bitcoin it’s not exactly as permissionless or decentralized as it’s marketing buzzwords pretend.

It is also pretty trivial to fork Bitcoin so there is no more inherent value in Bitcoin vs a clone or fork. Compare that to a USD I think the last attempted fork was the currency of the confederacy going to show it’s not so trivial to fork.

1 comments

It’s permissionless because you don’t need a home or other status to use it.

It’s decentralised because the US can’t globally stop it.

I'm pretty sure we just haven't seen the war that would stop it.

A few cut undersea cables and a dose of kessler syndrome would make all those burned cpu cycles for naught.