Relying on Bitcoin Utilities Instead of Politics – Bitcoin Magazine
Below is a direct excerpt from Marty’s Bent. Issue #1281: “Posture from Strong Position”. SUBSCRIBE TO NEWSLETTER HERE.
Monday night was the first ever Bitcoin Jawn meetup in Philadelphia. I am happy to be present and to participate in the discussion. The topic of the first gathering was “Bitcoin and Freedom”. Considering Philadelphia is the birthplace of the United States, this was very fitting. A revolutionary stuck a flag into the earth and said: We will no longer be ruled by unexplained tyrannical kings who unfairly tax us while living in a foreign country. ”
Originally from Philadelphia, I wanted to know what the Founding Fathers believed and how they and their families could live a life rooted in individual free will. I have always been attracted to someone who has forced their will on me.
During the meetup, the conversation turned to what can be done to lobby policymakers to protect bitcoin from coercive regulation. How can I get an exemption from the deminimis spending tax? How can Bitcoin be labeled as freedom of speech that completely eliminates the capital gains tax so that individuals can trade freely? These were all interesting topics and definitely something I wanted to see. Couldn’t shake off. Without fear of retaliation from tyrannical governments. The Founding Fathers will roar with rage about how the republic they created has changed.
Given the state of the Commonwealth today, especially the bloated and tyrannical state of the federal government, it does not seem like there is a viable avenue to influence change through the political process. Corrupted by a power-drunk intelligence agency. It seems like a completely silly strategy to think that persuading Goliath to act favorably on the tools that are destined to destroy him is a good way to spend your time and resources.
Instead, anyone who wants to see Bitcoin succeed in defending a power-crazed shadow government should spend time and resources as hard and as soon as possible to start and strengthen Bitcoin’s circular economy. It is better to Escape from Goliath and support them with invincible power. Asking the giants for permission to bare their fangs is acting from a weak position doomed to failure. Once Goliath understands his perceived authority in the subject’s eyes, Goliath falsely reassures the subject asking permission by saying something like “Okay, but…” I guess.
- You can use Bitcoin, but you must report all addresses to me.
- You can mine Bitcoin, but you can only use these approved energy sources and only include these transactions in the blocks you mine.
- You can use the Lightning Network for payments, but you can only open channels with channel counterparties on this verified list.
If this is the way Bitcoiners are going, it will lead to a dead end where Bitcoin’s value proposition is completely useless in America. This is certainly a path I don’t want to take, and a result I don’t want to affect my children.
I want to live freely I want Goliath out of my life. I want to have an agency for my money. Does it make me a “radical” in Goliath’s eyes? Maybe, but I’d rather change my name to David soon and take Goliath head on than let him keep his head down and rule me in a tyrannical way. I think the Founding Fathers have the same tendency, and you shouldn’t be afraid of the same. From an entity that was supposed to represent us and protect our freedoms, the giants have transformed into entities that cause great harm and erode more and more freedoms every day.
Relying on Bitcoin Utilities Instead of Politics – Bitcoin Magazine
Source link Relying on Bitcoin Utilities Instead of Politics – Bitcoin Magazine
