Quote:
Originally Posted by jscott
@dcortez well every single person here had more than enough time to front run all traditional banks on Bitcoin, and we still do have time since many are very slow moving on accepting, adopting, and building with it. Remember, FIRST they laugh at you, then fight, then you win.
We're still at that fighting stage with most traditional banks and all central banks.
Bitcoin doesn't need military support or governments, its backed by math, peace & global unity.
But i agree with some of what you said, but only if referring to crypto via alts/defi, not Bitcoin
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This is not about passionately pursuing something better for all of us. We all want that.
The public perception of "how slowly" central banks are moving is not a good indicator of where they actually are - especially in the preemptive-cyber-security state we already live in.
Every scenario, to discredit, bring down, or take over, crypto-banking, has been and is being played out with the greatest technical and financial resources available.
In "The Art of War", you don't begin the "battle" until it is first one.
What people believe about "far behind" central fiat monopolies are, is part of the central-bank strategy. That should not come as a surprise.
Again, it is good to pursue "something better for all", but resorting to yet another opaque technology and scheme like crypto is just more of the same.
Advocacy for transparency and accountability is the only path that logically has any chance of changing anything - but, it will fail - so long as people use social media to post kitty cat photos and participate in "freedom" COVID super-spreader events.
The original spirit of crypto did suggest a sense of transparency, through "open-source" code, but, unsurprisingly that transparency is extremely vulnerable and there is already clear history of how it has been eroded.
My concerns about crypto are not rooted in a single "corporate" brand, but in practical understanding of the technology, the people who (apparently) started it, the break away factions, and the big mainstream push of crypto.
Just as a exercise in exploring the issues I have mentioned, I would recommend a look at:
Satoshi Nakamoto and the Civil-War Within Bitcoin
https://www.youtube.com/watch?v=iYn6EQDqTkU&t=1215s
Where Did Bitcoin Come From?
https://www.youtube.com/watch?v=W15A7Lf0_fI
I am NOT vouching for the makers/distributors of the aforementioned videos, nor the veracity of their content, but what they have "packaged" is, at the very least, "food for thought".
And, for a more general, possibly entertaining, approach to fathoming the depths to which money and power have rooted their anchors:
The Lord of War movie
The International movie
These are "old" movies, but they capture the spirit of what I'm talking about.
