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2024-06-05 17:43:42

beautyon on Nostr: IRONIC People gathering at a conference to promote democracy and Bitcoin and Bitcoin ...

IRONIC

People gathering at a conference to promote democracy and Bitcoin and Bitcoin Privacy, not understanding that the greatest threat to Bitcoin and privacy is democracy is breathtakingly blind.

The number one force against Bitcoin is democracy. If the democratic governments were vanishingly small, who would be able or motivated to simultaneously threaten millions of Bitcoin users and violate their privacy (or bank users for that matter?)

No one.

No one in the market is incentivized to violate the privacy of millions of people other than the State. If you refuse to accept this, then you're living in a fantasy world, where solving problems is not your goal.

https://mises.org/mises-daily/do-you-hate-state
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