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2026-08-17 11:54:59 CEST
in reply to

buckyfonds on Nostr: I don't think there was ever a chance for mass BTC adoption. With both BTC and BSV ...

I don't think there was ever a chance for mass BTC adoption.

With both BTC and BSV (and to a lesser extent Monero), there are too many footguns. Too many ways for things to go wrong.

You'd have a much better chance with a retard-proof solution.

E.g. something like goldbacks (easy to verify, would be easy to produce at lower markup).



Then you face the State head-on instead of slowly getting captured with loads of plausible deniability (invisible to most).

They'd try to outlaw goldbacks, and then you either fight for your freedom or consent to slavery.

This is a binary event that is obvious to everyone, instead of a 2-3 decade-long sly, roundabout battle most people are not equipped for, or even aware of.

Something as simple as Goldbacks matches a lot of the real Bitcoin/Monero spirit at an analog, local scale:
- Privacy/fungibility: every note looks like any other; no transaction graph.
- Thin Policy: no mempool, no templates, no opcodes.
- Minimal Perimeter: you only need physical meetups and social trust, not banks or app stores.
- Anti-paperization: the “wrapper” is literally the metal; you can’t create paper claims on a Goldback without stepping back into the dematerialized system.

The big costs:
- Goldbacks don’t scale to high-value remote transactions (shipping, weight, risk).
- They’re tied to gold’s volatility vs fiat in people’s heads.
- They’re hard to integrate with digital commerce.

Then:
- For global reach and digital commerce, you’d want a Monero-ish protocol (until its inevitable capture).
- For local daily trade, a Goldback-like instrument is much closer to the ideal: low coordination tax, low digital capture surface, high expropriation resistance.

You'd want to buy most of the basic necessities locally anyway. Relying on digital commerce for everything is participating in the slave system.

Most large retailers are really just the State in drag. Buying your basic necessities from someone that hates you and wants to keep you enslaved is a risky business.

Just look at a few photos of men/women from 50-100 years ago before goy slop was mainstream. The deterioration is obvious, but not so much when you're in the moment.