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Hynek
npub1lz8x...h86s
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npub1lz8x...h86s 11 months ago
Self-custody is not trivial, but self-custody for state institutions will be huge honeypot and therefore really difficult to maintain.
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npub1lz8x...h86s 11 months ago
This remains to be the primary goal: A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending…
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npub1lz8x...h86s 11 months ago
Bitcoin is not technically perfect. Its genius lies in getting the incentives right.
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npub1lz8x...h86s 11 months ago
The entire point of Bitcoin is to transmit money, everyone needs to stop making idiots out of themselves by denying we are doing this. If the government ends up ruling "Yes, you need a license to run a Bitcoin node or hold Bitcoin keys", then you have dug your own grave by pretending they have the authority to control this in the first place. Grow some fucking balls and be proud of transmitting money. Stop begging the government to reevaluate their regulation that denies you this basic human right. — Kruw