1. The current assumption that most early adopters are high integrity individuals perpetuated by the miniscule online echo chamber. Have to be open to the possibility if bad actors that can do nothing to the protocol however do not operate in good faith once adoption increases and their bags get more valuable. A version of your caveat on humanity being totally corrupted. Yes the current fiat system enables this more than what a bitcoin based monetary system allows however we don't know what we don't know ie how will the new wealthy conduct themselves. Meet the new boss same as the old boss?
Weak I know but something to ponder.
2. Once deep down the rabbit hole the desire for Bitcoin to succeed is overpowering making it ever harder to steel man and predict downsides. Could it really be so close to perfect? What are we missing given the subconscious desire for it to succeed? Maybe the meme of the whole thing being spun up by the state as an experiment that got away from it? Maybe Satoshis' coins are indeed controlled by bad actors who end up having the most amount of wealth in the new paradigm?
TheBitcoinLens / The Bitcoin Lens
npub1js…nwhqa
2023-08-04 07:00:24 CEST
in reply to nevent1q…8vzs
Author Public Key
npub1jswawxrt6kkylk32l7kexs877qnwxlhdk0ms33n3uxp74rp2vguqsnwhqaSeen on
wss://nos.lolPublished at
2023-08-04 07:00:24 CESTEvent JSON
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