bitcoin NEEDS to be challenged to get stronger
1000s of faceless coin mixers instead of one whirlpool
1000s of local LSPs instead of one phoenix
1000s of local P2P trading venues instead of one coinbase
1000s of micro miners instead of one marathon
if consolidation of service providers wasn’t a problem the federal reserve would have been just fine
bitcoin itself, and the way people use it MUST adapt to be able to route around single points of failure. the samurai case couldn’t be a better wake up call
it’s all about the ROI on violence. if the state cannot jail 10000 “unlicensed money transmitter” it will give up
NgU Engineer / UNLICENSED MONEY TRANSMITTER
npub1j6s…u56u
2024-04-26 15:12:44
Author Public Key
npub1j6st8crn3ellpqu2hjgql3y0v8hlaauq6966dwevqfqzge2khvlq5fu56uPublished at
2024-04-26 15:12:44Event JSON
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"kind": 1,
"tags": [],
"content": "bitcoin NEEDS to be challenged to get stronger\n\n1000s of faceless coin mixers instead of one whirlpool\n1000s of local LSPs instead of one phoenix\n1000s of local P2P trading venues instead of one coinbase\n1000s of micro miners instead of one marathon\n\nif consolidation of service providers wasn’t a problem the federal reserve would have been just fine\n\nbitcoin itself, and the way people use it MUST adapt to be able to route around single points of failure. the samurai case couldn’t be a better wake up call\n\nit’s all about the ROI on violence. if the state cannot jail 10000 “unlicensed money transmitter” it will give up",
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}