{"type":"rich","version":"1.0","author_name":"buckyfonds (npub1x9…p6rta)","author_url":"https://nostr.ae/npub1x9hghmfunry8wcgg8s8w5e3drmkndw92r8qu0cp2l28u32aqqn9q6p6rta","provider_name":"njump","provider_url":"https://nostr.ae","html":"The question that sent me down the rabbit hole a few months ago:\n\n- Is Bitcoin decentralized and secure, or is it allowed to look decentralized and secure?\n\nTL;DR\n\nBitcoin is permissionless in code but permissioned in practice by choke-points that governments and large intermediaries either directly control or can cheaply coerce. It's allowed to look decentralized/secure so long as it functions primarily as a supervised store of value and speculative asset, not a mass medium of exchange outside compliance rails."}