At the end of the day, the people with the monopoly of violence will control what they want until they can’t.
Possessing bitcoin doesn’t give you power over the protocol. But if you can point a gun to the heads of those in your jurisdiction and say “bitcoin belongs to the state, you use this paper money” or whatever, then yeah. They control the monetization within that jurisdiction to some degree.
This is just meat-space reality. Wish it wasn’t so, but nature is nature.
Sir NOSTR / Knightstr
npub1hry…6ggh
2024-02-17 23:58:12
in reply to nevent1q…ns32
Author Public Key
npub1hryyn9v9lxrqnlc55fft0d7tupj3e0v3msp9vvypxzzxtkdf4xqqg06gghPublished at
2024-02-17 23:58:12Event JSON
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"pubkey": "b8c8499585f98609ff14a252b7b7cbe0651cbd91dc02563081308465d9a9a980",
"created_at": 1708210692,
"kind": 1,
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"content": "At the end of the day, the people with the monopoly of violence will control what they want until they can’t. \n\nPossessing bitcoin doesn’t give you power over the protocol. But if you can point a gun to the heads of those in your jurisdiction and say “bitcoin belongs to the state, you use this paper money” or whatever, then yeah. They control the monetization within that jurisdiction to some degree. \n\n\nThis is just meat-space reality. Wish it wasn’t so, but nature is nature.",
"sig": "61aa143d4dba894a85933da87b6be673cd3da088ac8c39587fbfe1ab53018bd2b085c8d9c67bd0870213aed13c9d63ee7e577a20752435c75cb722d3b4fecde7"
}