There is, perhaps, nothing more delicious than watching people promote Bitcoin whilst clinging on to the fantasy that the State is an absolute requirement for things to work. Their "History just started yesterday" mentality rejects the evidence that the educated and reasoning have incorporated into their thinking. They know that Florence didn't have a US style surveillance state watching every transaction, "To keep people safe".
They know that the City State of Venice didn't have USSR style Commissars watching every transaction; people were free to trade, travel and live, and that's why those places flourished, not due to the State existing, but because the State was very small, minded its business, didn't over tax and got out of everyone's way.
This is why El Salvador is going to win; eschewing taxing Bitcoin business is super forward thinking, and will attract all sane businesses to its shores so they can be left to develop their services in peace. Only delusional Socialists believe regulation creates business; that's why New York is a BTC desert. If it were true that regulations created business, every Bitcoiner would be rushing to incorporate and operate in New York.
The exact opposite is true; people avoid New York because the "BitLicense" is in force there. Making a "BitLicense Lite" as some Europeans are trying to do will simply make people operate in another jurisdiction where the poison hasn't been uncorked. If it were true that FinCEN registration and SEC regulation made businesses safe for consumers, then FTX would never have gone down, because they had all the licenses there were to apply for secured.
How many examples do people need to see before they GET IT? Foundations don't created businesses. Regulations don't protect anyone. Regulations can't stop people losing money. It beggars belief that even in the face of the recent Californian banks, people still believe in the State like lemmings.
If it were true that regulations and regulatory bodies offered protection, SVB could not have gone down, or any other bank. FDIC insurance would not be necessary; "Why do we even need FDIC? We have a Federal body regulating it, NOTHING CAN GO WRO.....KABOOM!". How DUMB can y' be?
And of course, what the crazy Socialist says is, "The regulations were not strong enough or were not broad enough. We are going to bring in new regulators and instantiate a new Regulator to make sure this can never happen again". And then it happens again. And people don't learn.
They're the most foolish, naïeve people on earth, much more so because they're educated and STILL believe in the State like children. This, my friends, is why Bitcoin needed to be written, and the Statists STILL don't understand this or see what is coming. Bitcoin will not allow the formation of any regulatory body because all money in the economy is put to economic uses not Socialism. It doesn't care about what you believe is required for an economy to grow or why it doesn't. It is a permanent constraint on the ignorant and naïeve who will not conform to reality. That Socialists actively support a thing that will make their vision for the world impossible is, perhaps, the greatest release of Schadenfreude ever in history. A group of imaginatinless men got tricked into promoting tools that 100% negate their philosophy.
You couldn't make it up if you tried. And Bitcoin can't hear anyone whining about anything. It can't care that you refuse to accept reality; it imposes reality. It can't accept that you refuse the nature of man. It harnesses the nature of man to protect US from YOU.
We will win, not you. It is our philosophy that is going to eat the world. It is us that are being proved right, not you. It is your world that is crumbling whilst ours is emerging. It is us that is helping to free mankind, not you. It is us that are the real Bitcoiners NOT YOU!
Bitcoin wallets don't need "Regulation".
https://twitter.com/Beautyon_/status/955098807838093313
The market is proven effective to build great civilizations, and the countries that had stringent regulations, like the USSR and New York, ended up crumbling and collapsing.
https://twitter.com/Beautyon_/status/1584563240088244224
Because Bitcoin exists, it is not required to convince anyone anymore. Our way of thinking will become the default by attrition or capitulation. And it's not your choice either.
https://twitter.com/Beautyon_/status/904726473042534400
Everyone must know their rôle. If you can't run a company or develop tools, you have no place; and that's OK.
https://twitter.com/Beautyon_/status/1646977557210755075
The world is a messy place with messy people and messy half baked ideas. Bitcoin is not half baked; it is a cake with sound rules built into it. This is why people have such a hard time understanding it. For most of their lives they've lived in a USSR...
https://twitter.com/Beautyon_/status/1590655872556228610
style Communist / Socialist State, where the government sets the rules for everything, to where children can be born and educated, what the form of food you can eat is, and of course, the form of money you are required to accept by law. Ten years is not enough to cleanse out the stench of Statism from the minds of even the most intelligent and well meaning. It will take many years for that to happen, but the painful medicine must be swallowed first, and that medicine is "Bitcoin".
Look at the new (maybe) phenomenon Nostr. The people who developed it, wrote it and then released it. They didn't ask permission, they didn't wait for the State to sanction it. They just DID IT, just like the author of Bitcoin DID IT. They are not Statists or losers.
And the people who now name drop Nostr in the same breath as they do Bitcoin while claiming that Bitcoin needs regulation don't seem to understand that Nostr is REGULATION RESISTANT not CENSORSHIP RESISTANT. That means that anyone can say ANYTHING they want without consequences.
Why are the people so hell bent on regulation not saying that Nostr is a very bad thing? because they want to appear to be the good guys, and everyone loves Nostr, so it is not possible to say anything against Nostor and also be a good Bitcoiner. But that's another story.
Nostr exposes a problem with the current state of the Bitcoin economy. Because businesses are needed to onboard new users and develop and manage consumer grade wallets, those businesses are a SPOF that Statists can attack and "regulate" to "Keep People Safe". People who want regulation of Bitcoin businesses are no better than Chuck Shumer, who wants to regulate "AI". The danger zone layer that is the businesses that distribute Bitcoin services are the place where people who can't write software and who are too frightened to invest in companies can have a disproportionate and toxic effect on the economy. Because they don't have a real stake in Bitcoin by running a business that spreads it, they can advocate for regulation in the belief that no matter what happens they will be rich. It's why Sailor advocated for regulation.
There are many characters doing this. Lummis for one
https://twitter.com/Beautyon_/status/1462028624903737348
I've been saying this over and over and over...
https://twitter.com/search?q=bitcoin%20regulation%20(from%3Abeautyon_)&src=typed_query
Consistency is Bitcoin's greatest attribute. If people were as consistent as computer programmes, there would be a lot less trouble in the world...or maybe more...who knows? All _I_ know is that history is REAL and it REPEATS itself, and regulation CANNOT CHANGE MAN'S NATURE.
beautyon / Beautyon
npub1cc…jdc57
2023-04-18 10:46:25
Author Public Key
npub1ccsfkkfk46jsjtn80cup0vjn98slkheqd65t36tut822kddvdcxqxjdc57Published at
2023-04-18 10:46:25Event JSON
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"tags": [],
"content": "There is, perhaps, nothing more delicious than watching people promote Bitcoin whilst clinging on to the fantasy that the State is an absolute requirement for things to work. Their \"History just started yesterday\" mentality rejects the evidence that the educated and reasoning have incorporated into their thinking. They know that Florence didn't have a US style surveillance state watching every transaction, \"To keep people safe\". \n\nThey know that the City State of Venice didn't have USSR style Commissars watching every transaction; people were free to trade, travel and live, and that's why those places flourished, not due to the State existing, but because the State was very small, minded its business, didn't over tax and got out of everyone's way. \n\nThis is why El Salvador is going to win; eschewing taxing Bitcoin business is super forward thinking, and will attract all sane businesses to its shores so they can be left to develop their services in peace. Only delusional Socialists believe regulation creates business; that's why New York is a BTC desert. If it were true that regulations created business, every Bitcoiner would be rushing to incorporate and operate in New York. \n\nThe exact opposite is true; people avoid New York because the \"BitLicense\" is in force there. Making a \"BitLicense Lite\" as some Europeans are trying to do will simply make people operate in another jurisdiction where the poison hasn't been uncorked. If it were true that FinCEN registration and SEC regulation made businesses safe for consumers, then FTX would never have gone down, because they had all the licenses there were to apply for secured. \n\nHow many examples do people need to see before they GET IT? Foundations don't created businesses. Regulations don't protect anyone. Regulations can't stop people losing money. It beggars belief that even in the face of the recent Californian banks, people still believe in the State like lemmings.\n\nIf it were true that regulations and regulatory bodies offered protection, SVB could not have gone down, or any other bank. FDIC insurance would not be necessary; \"Why do we even need FDIC? We have a Federal body regulating it, NOTHING CAN GO WRO.....KABOOM!\". How DUMB can y' be?\n\nAnd of course, what the crazy Socialist says is, \"The regulations were not strong enough or were not broad enough. We are going to bring in new regulators and instantiate a new Regulator to make sure this can never happen again\". And then it happens again. And people don't learn.\n\nThey're the most foolish, naïeve people on earth, much more so because they're educated and STILL believe in the State like children. This, my friends, is why Bitcoin needed to be written, and the Statists STILL don't understand this or see what is coming. Bitcoin will not allow the formation of any regulatory body because all money in the economy is put to economic uses not Socialism. It doesn't care about what you believe is required for an economy to grow or why it doesn't. It is a permanent constraint on the ignorant and naïeve who will not conform to reality. That Socialists actively support a thing that will make their vision for the world impossible is, perhaps, the greatest release of Schadenfreude ever in history. A group of imaginatinless men got tricked into promoting tools that 100% negate their philosophy.\n\nYou couldn't make it up if you tried. And Bitcoin can't hear anyone whining about anything. It can't care that you refuse to accept reality; it imposes reality. It can't accept that you refuse the nature of man. It harnesses the nature of man to protect US from YOU.\n\nWe will win, not you. It is our philosophy that is going to eat the world. It is us that are being proved right, not you. It is your world that is crumbling whilst ours is emerging. It is us that is helping to free mankind, not you. It is us that are the real Bitcoiners NOT YOU!\n\nBitcoin wallets don't need \"Regulation\".\nhttps://twitter.com/Beautyon_/status/955098807838093313\n\nThe market is proven effective to build great civilizations, and the countries that had stringent regulations, like the USSR and New York, ended up crumbling and collapsing.\nhttps://twitter.com/Beautyon_/status/1584563240088244224\n\nBecause Bitcoin exists, it is not required to convince anyone anymore. Our way of thinking will become the default by attrition or capitulation. And it's not your choice either.\nhttps://twitter.com/Beautyon_/status/904726473042534400\n\nEveryone must know their rôle. If you can't run a company or develop tools, you have no place; and that's OK.\nhttps://twitter.com/Beautyon_/status/1646977557210755075\n\nThe world is a messy place with messy people and messy half baked ideas. Bitcoin is not half baked; it is a cake with sound rules built into it. This is why people have such a hard time understanding it. For most of their lives they've lived in a USSR...\nhttps://twitter.com/Beautyon_/status/1590655872556228610\n\nstyle Communist / Socialist State, where the government sets the rules for everything, to where children can be born and educated, what the form of food you can eat is, and of course, the form of money you are required to accept by law. Ten years is not enough to cleanse out the stench of Statism from the minds of even the most intelligent and well meaning. It will take many years for that to happen, but the painful medicine must be swallowed first, and that medicine is \"Bitcoin\".\n\nLook at the new (maybe) phenomenon Nostr. The people who developed it, wrote it and then released it. They didn't ask permission, they didn't wait for the State to sanction it. They just DID IT, just like the author of Bitcoin DID IT. They are not Statists or losers.\n\nAnd the people who now name drop Nostr in the same breath as they do Bitcoin while claiming that Bitcoin needs regulation don't seem to understand that Nostr is REGULATION RESISTANT not CENSORSHIP RESISTANT. That means that anyone can say ANYTHING they want without consequences.\n\nWhy are the people so hell bent on regulation not saying that Nostr is a very bad thing? because they want to appear to be the good guys, and everyone loves Nostr, so it is not possible to say anything against Nostor and also be a good Bitcoiner. But that's another story.\n\nNostr exposes a problem with the current state of the Bitcoin economy. Because businesses are needed to onboard new users and develop and manage consumer grade wallets, those businesses are a SPOF that Statists can attack and \"regulate\" to \"Keep People Safe\". People who want regulation of Bitcoin businesses are no better than Chuck Shumer, who wants to regulate \"AI\". The danger zone layer that is the businesses that distribute Bitcoin services are the place where people who can't write software and who are too frightened to invest in companies can have a disproportionate and toxic effect on the economy. Because they don't have a real stake in Bitcoin by running a business that spreads it, they can advocate for regulation in the belief that no matter what happens they will be rich. It's why Sailor advocated for regulation.\n\nThere are many characters doing this. Lummis for one\nhttps://twitter.com/Beautyon_/status/1462028624903737348\n\nI've been saying this over and over and over...\nhttps://twitter.com/search?q=bitcoin%20regulation%20(from%3Abeautyon_)\u0026src=typed_query\n\nConsistency is Bitcoin's greatest attribute. If people were as consistent as computer programmes, there would be a lot less trouble in the world...or maybe more...who knows? All _I_ know is that history is REAL and it REPEATS itself, and regulation CANNOT CHANGE MAN'S NATURE.\n\n",
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}