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"*Context: I came around to bitcoin in 2020, not because I decided it was a superior money system to fiat but because I decided that all things considered it’s better to have a permissionless transaction fail safe around (just in case you should need it) than not. And it’s probably good to have fiat currencies anchored to something you can’t easily manipulate. In that sense I have come to think of bitcoin (if it works as described) as an imperfect currency but a good hedge against totalitarianism. I also think it has the capacity to serve as a worthy deterrent/competition – that should help to keep the core system more honest and functional.*" Izabella Kaminska https://x.com/izakaminska/status/1817135235101765754 submitted by /u/jam-hay |