Fair point. I think permissionlessness is right up there with 21 million imo. Without it bitcoin is worthless.
"All the trust required to make it work..."
(Of course if you thought that at a protocol, algorithmic level, you could prevent non-financial usage, this argument wouldn't apply; bitcoin would remain permissionless in the way that matters. But imo this perspective is not just technically wrong, but incoherent)
waxwing /
npub1va…knuu7
2025-05-12 16:27:00
in reply to nevent1q…sku0
Author Public Key
npub1vadcfln4ugt2h9ruwsuwu5vu5am4xaka7pw6m7axy79aqyhp6u5q9knuu7Published at
2025-05-12 16:27:00Event JSON
{
"id": "0a5d32ae6e58ef7677f8931b4409ca71d1788597f944504009f079efbb44e92c",
"pubkey": "675b84fe75e216ab947c7438ee519ca7775376ddf05dadfba6278bd012e1d728",
"created_at": 1747067220,
"kind": 1,
"tags": [
[
"e",
"9b38c3d2b45de65179b8e803586f63fe2a6a411cd9684cfdc064b5c63b5b55a6",
"",
"root"
],
[
"e",
"6483dea2726407664637897e1a4a7d235b7ebc63f04c839ef7741c40a37a98dd"
],
[
"e",
"a2f2508a032b8ea2b5f2321b1faa80e89052f920f7aa0702a3306c197c033e16",
"",
"reply"
],
[
"p",
"2183e94758481d0f124fbd93c56ccaa45e7e545ceeb8d52848f98253f497b975"
],
[
"p",
"675b84fe75e216ab947c7438ee519ca7775376ddf05dadfba6278bd012e1d728"
],
[
"p",
"f985d309197c805e1719c73185b574fc3ee407d7c1b6157dee99c6ace2599bbb"
]
],
"content": "Fair point. I think permissionlessness is right up there with 21 million imo. Without it bitcoin is worthless.\n\n\"All the trust required to make it work...\"\n\n(Of course if you thought that at a protocol, algorithmic level, you could prevent non-financial usage, this argument wouldn't apply; bitcoin would remain permissionless in the way that matters. But imo this perspective is not just technically wrong, but incoherent)",
"sig": "3ef3418340da1f330013e07084700d707a56e26724efc43c947270b0d062540d61bd8ecf8ed4c9e1818a5cf93b7de8f014a20f810275b599dc8aec8dfafa4a04"
}