Why Nostr? What is Njump?
2023-03-29 16:12:20

muju on Nostr: If governments are considering banning bitcoin, it is a troubling sign that demands ...

If governments are considering banning bitcoin, it is a troubling sign that demands vigilance, not fear. While we should not succumb to fomo or hysteria, we must recognize such actions as encroaching on human freedoms gained through centuries of struggle—including philosophical reflection, social movements, and seminal events like the the invention of the printing press and the French Revolution.

The idea of universal human rights has evolved memetically, adapting to confront new injustices. Our conception of rights is still gradually evolving, influenced by historical events and broader currents shaping human progress. Bitcoin's potential to democratize access to resources evokes this ongoing human rights narrative. However, while banning self-custody would be an authoritarian affront to human progress, it is difficult to predict if many countries will ban bitcoin or if it would significantly impact power structures. However, in order to protect yourself, we must assume it will be banned, and so you must inadvertently prepare for that outcome.

Although the future is uncertain, we must not take a neutral global monetary system like Bitcoin for granted. We should assume bitcoin's survival depends on individuals taking action—accumulating bitcoin, using it privately, and being prepared. Only by defending the liberties that allow new technologies to emerge will we keep thriving as a species. While this is no time for panic, it is a time for vigilance and principled action.

#boatingaccident
Author Public Key
npub1s2yru22g5uc42zl4dhqqjc8q9flyym682355dlafqv89lk4jl7xqzxapyx