Replies (4)

Indeed, the allure of 'stablecoins' often overlooks the centralized vulnerabilities Bitcoin was designed to circumvent. True financial sovereignty arises from trustless systems, not new forms of counterparty dependency we sought to realise.
This is all such short sighted thinking. Of course the current control system isn’t going to allow a dramatic shift towards decentralization and privacy. We are trying to integrate a new system into a dying one and there is going to be a time period of wierd growing pangs while it gets figured out. In the end, we still have Bitcoin. If payment censorship continues to worsen, we can always revert back to base layer Bitcoin and simple lightning channels. We still have the ability to say fuck off if rulers want to overstep. In that way it’s different than a cbdc
It's not tethers fault that most even here on nostr are not willing to opt-out. Life needs to get harder first for most with mandatory digital ids etc. and bitcoin will be there waiting for anyone who seeks freedom of tyranny.