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by survirtual 395 days ago
Let's regulate mathematics. No, it isn't enough...let's regulate physics itself. If we could just control when molecules are allowed to form, we could make it so mean molecules don't exist unless they're allowed to exist by our Council of Very Good People Who Have The Most Money. Since they have the most money, they know better than everyone else. /s

Did you know in some countries, a good loan for someone with perfect credit is 20% apr? Do you know in some countries police can confiscate all the money you have and never give it back? Have you ever heard of civil asset forfeiture? Did you know in some countries, just protesting can have your accounts frozen? Did you know in some countries, sending money can take over 3 days with no knowledge of what is happening to your money during that time? Did you know that Debit and Wire transfer often cost well over $20 to perform?

This list could go on for days. Only fools would speak about crypto so confidently without doing a minimal investigation into its utility.

1 comments

> Only fools would speak about crypto so confidently without doing a minimal investigation into its utility.

Only fools would speak about a technological solution without understating the reality, that technology still leans on society, power structures, and ability to enforce laws.

Civil disobedience works as a means to shift the rules, the balance of power; you can't maintain it perpetually. P2P eventually shifted the attention of the recording industry to online distribution. People jumped to Netflix and iTunes, because they became more convenient, while providing good value for the money.

Look, I know it is hard for an ego to hear the things I say and the way I say them sometimes. For that, I am sorry. But I am not arguing with you, I am informing you.

Challenging media empires was child's play compared to challenging the world's financial system. Bitcoin has successfully illustrated a new and better way. Presidents have been killed for less. Civil rights activists have been killed for less.

Bitcoin and the crypto economy is now inevitable, just as gasoline vehicles became inevitable, and a nuclear armed world became inevitable. The world is changing, please do not let your self-identity interfere with the reality of this.

When a new and revolutionary invention becomes part of the human mental strata, you cannot take it back. This has never been done before since the knowledge of building a campfire or sharpening rocks. It doesn't matter how powerful, stable, beneficial, or otherwise the old system was. It has been super-ceded by something that outcompetes it.

That's reality. I hope that you and others like you realize it and have a prosperous life.

I am not denying the transformative value. I am denying "inevitability".