Byrdman on Nostr: BITCOIN & INTERNET Both Bitcoin and the internet are independent of anyone’s ...
BITCOIN & INTERNET
Both Bitcoin and the internet are independent of anyone’s control. They are two separate DECENTRALIZED networks. Bitcoin is the most advanced computer network there is, even more powerful than the internet. Bitcoin is not dependent on the internet to work because it is secured and run by specialized nodes dedicated to the Bitcoin network. Bitcoin can be sent by two-way radio transmissions or any other form of text. If the internet is the concern, it is impossible to shut it down by any nation state or CENTRALIZED controller. And even if it were possible it would mean the immediate loss of control by governments because ALL data is located on the internet including “persons” and transactions in Commerce. Control of money is the one thing that keeps people under subjection and Bitcoin takes away the power from the banking cartels.
The Internet has no single centralized governance in either technological implementation or policies for access and usage; each constituent network sets its own policies.
“A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990’s. I hope it’s obvious it was only the centrally controlled nature of those systems that doomed them.” – Satoshi Nakamoto
"Banning #Bitcoin is like banning the internet, it's impossible."
- Anton Siluanov, Russia Minister of Finance
#OptOut & #HoldPrivateKeys offline in #ColdStorage #nostr #decentralized
Published at
2023-03-15 16:44:38Event JSON
{
"id": "ef1a938c7023e31e2c90fb4040d292119ef5eaedfe0b5582836176e8212935f0",
"pubkey": "8b925acef507ccdb4b29ac3af74cf41529308e5e07f59eaeee335fc3e4116702",
"created_at": 1678898678,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
],
[
"t",
"optout"
],
[
"t",
"holdprivatekeys"
],
[
"t",
"coldstorage"
],
[
"t",
"nostr"
],
[
"t",
"decentralized"
]
],
"content": "BITCOIN \u0026 INTERNET\n\nBoth Bitcoin and the internet are independent of anyone’s control. They are two separate DECENTRALIZED networks. Bitcoin is the most advanced computer network there is, even more powerful than the internet. Bitcoin is not dependent on the internet to work because it is secured and run by specialized nodes dedicated to the Bitcoin network. Bitcoin can be sent by two-way radio transmissions or any other form of text. If the internet is the concern, it is impossible to shut it down by any nation state or CENTRALIZED controller. And even if it were possible it would mean the immediate loss of control by governments because ALL data is located on the internet including “persons” and transactions in Commerce. Control of money is the one thing that keeps people under subjection and Bitcoin takes away the power from the banking cartels.\n\nThe Internet has no single centralized governance in either technological implementation or policies for access and usage; each constituent network sets its own policies.\n\n“A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990’s. I hope it’s obvious it was only the centrally controlled nature of those systems that doomed them.” – Satoshi Nakamoto\n\n\"Banning #Bitcoin is like banning the internet, it's impossible.\"\n- Anton Siluanov, Russia Minister of Finance\n\n#OptOut \u0026 #HoldPrivateKeys offline in #ColdStorage #nostr #decentralized\n\nhttps://nostr.build/p/nb2689.jpeg",
"sig": "177c8ce8bb0592232eaa6f1c3c63233ec8992a071f4eee452acd80d1e14fae805222be608f9237a06b1bc6cbace5a7462c9f387516e7be4c3b84d7bc1578bf53"
}
