SaberhagenTheNameless on Nostr: Transacting without permission from any third parties or intermediaries Not my entire ...
Transacting without permission from any third parties or intermediaries
Not my entire point, but Bitcoins, it's in the first paragraph of the white paper
Your last paragraph "there is no one stopping Bitcoin as long as they respect the law of the land..." fails to grasp Bitcoins value prop. It is either permissionless or it is not.
If we are relying on laws or government to secure it or use it then there is no reason for Bitcoin. Fiat money already exists and does that.
Published at
2024-05-04 07:49:05Event JSON
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"content": "Transacting without permission from any third parties or intermediaries\n\nNot my entire point, but Bitcoins, it's in the first paragraph of the white paper\n\nYour last paragraph \"there is no one stopping Bitcoin as long as they respect the law of the land...\" fails to grasp Bitcoins value prop. It is either permissionless or it is not.\n\nIf we are relying on laws or government to secure it or use it then there is no reason for Bitcoin. Fiat money already exists and does that.\n\n",
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