{"type":"rich","version":"1.0","title":"Hanshan wrote","author_name":"Hanshan (npub1lx…6svxa)","author_url":"https://nostr.now/npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxa","provider_name":"njump","provider_url":"https://nostr.now","html":"\n\nok so if the thesis is everyone has a personal responsibility to defend their stack with force...\n\nhow is it then that #Bitcoin succeeds and successfully disintermediates the most powerful institutions on the planet\n\nbut they know who holds and uses it\nand somehow just let thenselves be eliminated as the power brokers for the world?\n\nlotta \"something something Trojan horse\" handwaving here.\nor \"we'll implement strong privacy later\"\nwhich is ridiculous.\n\nYes theres a good case to be made for LN privacy.\nBut the liquidity isn't there, try sending just a couple thousand USD...\n\nand there is no guarantee LN will remain private either.\nits likely making large payments in the early days of LN will result in payment passing through a few centralized routing nodes with good liquidity.\niow not decentralized or immune to timing analysis by a nation-state.\n\nBitcoin is great and I hope it succeeds.\nbut the censorship resistant Bitcoin *I would call success* really just feels like hopium.\nor conversely, like trusting that its operating in a permissive and sane regulatory environment.\nWhich means we can trust the courts to enforce property rights.\n\nThat isnt an assumption i am personally willing to make. I am preparing for a future in which government will NOT protect my property.\n\nwhich is exactly the environment #monero is developing for.\nthe property you truly own is the property nobody knows you have."}