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by reedjosh 1843 days ago
> you need to solve it politically.

And what do you do when politics are fully captured by corporate and oligarchical interests?

The majority of bitcoiners see no way out of our current political system. The dollar underpins the US hegemony.

Bitcoin wouldn't be necessary if the government would allow alternative currencies, but until bitcoin, it had squashed numerous attempts at alternatives.

So to say that we need to solve it politically misses the point. Bitcoin is a solution to solve what is seen as a political mess. Further, politics is just non-violent war. This _is_ a political method.

> their rich friends will just find a way to use it against you

I don't entirely disagree. I see bitcoin as a start. The lightning network already brings some anonymity to transactions, but it could be made to do better.

Monero (XMR) is a privacy based crypto that already does so and can currently do 1500tps on chain (BTC does ~7). Crypto is war against oligarchs motivated by failed traditional politics. Monero and other techs like decentralized exchanges are a step up in weaponry of this war.

1 comments

I have a feeling Monero et similia will be banned together with encrypted messaging (encryption = terrorist). We lose more freedom every year at the hands of governments, I don't see why this trend is bound to improve.

I think what you do is you flee the country and move somewhere smaller where you have greater freedom and a greater chance at influencing politics.

My granddad was putting bombs in nazi buildings, but I don't think it really helped. We needed the USA to come over and kill the bad guys.

I don't know who will come to save us this time.

Decentralized exchanges will prevent their ability to ban it.