The fact is, whether we like it or not, very few individuals (other than those of us here) will hold private keys in 10 years. The transaction costs alone will ensure it.
That would turn Bitcoin into a bankers wet dream: The totally controlled, centralized, regulated basis for a cashless dystopia in which everybody can be tracked, traced, and forced to ask permission to use money.
That is not a new allegation, and its not true.
The fact is, whether
you the bankers like it or not, cryptographic cleverness will continue to enable technologies that
put the individual in direct control of his own money.
I agree with pretty much everything in your rant against rolling, nullius - and I had not really read through your earlier post that you linked at the end of this rant, and I see that holy shit your bot is programmed into some decent rantening, today. Go nullius go!
Actually, I did not even respond to rolling earlier because actually I was going to merit his comment, until I got towards the last sentence or two of his comment, and I thought to my lil selfie, "wat?" "regular peeps not going to be able to use bitcoin?" "What dee fuckity u b talkin bout, willis?" I had thought that usually rolling had been making comments/posts that made sense, or that generally he understood what bitcoin offered, but that comment/post was out there as fuck, and surely you identified the crux of rolling's comment.
It is like he no does not understand what dee fuckie is bitcoin. In spite of considerable mainstream and normie fusion regarding what Bitcoin is, there are no real or actual signs that bitcoin is being designed to fit into some kind of mainstream "business as usual" tool. Bitcoin has been disruptive from the start, and surely in its earliest days of design and operation, it seemed to have flown under the radar for a number of years, including that it was not even really any kind of meaningful threat to status quo governments or status quo financial institutions, but surely, some smarter peeps are starting to better understand what bitcoin is offering and continuing to offer - which is truly not business as usual.
I personally do no necessarily see the idea of government as bad, especially in terms of needs for ways to attempt to protect regular peeps from institutions and from forces that strive to undermine the individual's life and freedoms in a whole lot number of ways, and surely bitcoin is serving as a force for good in the individual empowerment potential direction, which in part merely just gives individuals more options in how to use it, and also even for government officials to have kick them in the butt incentives to be more responsible, especially in the financial management direction.
And, to me, nullius, it sounds as if bitcoin is providing you, personally, a whole fucking lots of options (as an ongoing aspiring unbanked person) to be able to have abilities to participate in various aspects of civil society that were less available to you prior to bitcoin, and surely bitcoin is likely going to give more and more options to peeps like you (and sure other peeps, and even all peeps/normies can unite in various ways once they start to appreciate the power of bitcoin, even if they do not start using it (and benefiting from it) directly).
In any event, even if some powerful folks would like to turn bitcoin into one of their toys, so far there is no evidence that bitcoin is really cooperating in that direction, and sure some of those fucktwats can go play around with some of the shitcoins, even though they may likely be to smart in terms of how willing they are to get their asses burnt by that shit, and so probably, even the fucktwats are going to come over to bitcoin, and likely bitcoin is going to end up making them more honest, even if they try to make it their little play thing from time to time, they NOT going to be too likely to be successful, at least the evidence seems to be playing out that way, so far... in baby bitcoin's little life.
It's still early dayz boyz and girl!!!
