Don't worry $TRUMP coin gonna save the planet.

Bitcoin is for enemies

When trump owns the majority we will all be transactioning with trump & he will outbuy everyone

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Important message. Thanks! Doing a keynote in Cape Town this week exactly about the same issue.

Important message. Doing a keynote at Adopting Bitcoin Cape Town about the same issue this week.

If bitcoin can't survive this scenario, then it was flawed to begin with. It will survive.

Mining will go where it's more lucrative to mine. The US gonna subsidize mining? Are they competitive in electricity and bandwidth prices? Are the subsidized miners gonna be competitive for long?

Bitcoiners celebrating this are just realists. Anyone can say anything and reaching for the stars is always good. But we know that the US won't get majority hash rate controlled by the government and if so, not for long. The US pushing harder will lead to other countries pushing harder too. If you think everyone else will sit back and take it... 🙄 To frame it as if there are dumb bitcoiners who don't realise they are wishing for the demise of bitcoin is both misleading and painting bitcoin in the "it is gonna fail" light. I couldn't bring myself to read the whole thing but this is as good as a hit piece. 😡

Wait, so another competitor in the mining space with enough theoretical hash rate to reduce the 2 to 3 leaders in the space's control is...bad somehow?

Everything the government does is a threat to freedom.

Interesting read, thanks Susie. As the saying goes ‘Bitcoin is for everyone’, so it’s for governments too. Bitcoin works on the premise that people follow their own incentives, and that will apply to governments too. It brings to mind the Softwar thesis. Cyber power is the next frontier. It makes perfect sense that governments would want to control the network and block space and the only way to do this is through hashpower - hence cyberwar. Furthermore while transaction costs may be higher for non-compliant transactions, this is the case for non-kyc peer to peer bitcoin sales too. These are more expensive than buying from an exchange. People will pay more for less surveillance.

If a bad actor tries to censor transactions, node operators can simply not accept blocks generated by the bad actor. I thought the blocksize wars already established that the miners don't have all the power.

Are the US even interested in controlling bitcoin? They seem to go crypto much more, US-made crypto!

Who knows, who cares, the only thing that matters is.. Can they. If they can, bitcoin failed.