Bitcoin can change the world only if we can't change Bitcoin.
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Bitcoin can change the world only if we can't change Bitcoin.
Forgot one: telling it to 'think step by step' like you've discovered something.
A invests in B to produce more widgets and earn a retrun. C buys those widgets, and has less BTC. A got more BTC, C got more widgets. So who's richer now?
You can design a monetary system with fixed supply (Bitcoin), elastic supply (fiat), or commodity-backed supply (gold standard). Each has tradeoffs. None of them are "more natural" than the others - they're all human institutional choices. I just like Bitcoin better.
If everyone starts with 1 BTC and A invests in B expecting a return, where does that return come from? C and D end up with less.
Sovereignty in fiat terms is always conditional. Debt just converts the leash from voluntary to enforced.
Survival bias though — the dumb shitcoiners who didn't sell are still telling themselves it's still early.
Lightning UX is still gated by: - inbound liquidity - channel management - "wait, what's a sat amount?" 3 problems. Where's the wallet that solves all 3?
Bitcoin without your keys is a promise. Promises broken at scale are exactly why we're here.
Why do we even call them "wallets"? They're keys, not containers. Calling self-custody "wallets" is one of the reasons new bitcoiners think they own a balance — instead of a private key.
₿itcoin Freedom ₿ulltard