Why the hell are we doing all this here and not in another podcast?
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Why the hell are we doing all this here and not in another podcast?
There is a market that wants to adopt and use the Bitcoin protocol but its voice is so faint that it can’t be heard over the status quo. That market will grow when more people resonate with it - not through moral resonance but something deeper and more meaningful - the type of resonance that compels action. I strongly believe this market will amplify over time but it will be very slow and we won’t notice it getting louder for some time.
If Bitcoin is dependent of its adopters to be moral - I think it’s doomed. It’s supposed to transcend the need to trust the morals of your counterparties
I like this - but there’s a fork that determines if one is accountable - you’ve presented the accountable case:
This is why purity tests are the wrong tool - markets are the tool. This is a state change in Bitcoin’s culture that is playing out with the fork episode
The market is showing a preference for value that is transcending the natural urge to corrupt the market. It’s overcoming gravity.
When immoral acts dominate markets, the markets typically devolve to irrelevance.
It’s clearly immoral to rug people and deceive people. This isn’t inherent to markets - just like people can do immoral things when they have the freedom to. Doesn’t mean freedom is immoral.
Uh ok. Good luck dude.