The general public faces a paradox regarding open blockchains: 'I want to participate in transactions anonymously, but I don't want to deal with anonymous entities if the system turns against me.'
Most people seem willing to trade their freedom for the peace of mind of knowing someone is in control.
Craving safety often means, to some extent, surrendering one's liberties. Humans sometimes prefer dictatorial systems, primarily because these systems provide a sense of security.
That is why I don't think the mainstream adoption of Bitcoin—as an austro-libertarian cypherpunk* mind likes to fantasize—could happen today, with the system as is.
*Privacy, freedom, minimal government intervention
hazel
npub1ga…7r23g
2023-06-24 23:36:52
in reply to nevent1q…3ejq
Author Public Key
npub1gau9mjpdlq3vd6yq44sye8lut0uwcpgmv8q49737u99u8m974ldsy7r23gPublished at
2023-06-24 23:36:52Event JSON
{
"id": "0fc8a56378cbe42edbb687cf7ac8c7ba2cc1d5c41cc14a35c429365bc4009d18",
"pubkey": "47785dc82df822c6e880ad604c9ffc5bf8ec051b61c152fa3ee14bc3ecbeafdb",
"created_at": 1687649812,
"kind": 1,
"tags": [
[
"e",
"b7f9fffa42b432ac8fdb0b4ddba3aa440701435f519dbe528aaf632cacdc0109",
"",
"root"
],
[
"p",
"82341f882b6eabcd2ba7f1ef90aad961cf074af15b9ef44a09f9d2a8fbfbe6a2"
]
],
"content": "The general public faces a paradox regarding open blockchains: 'I want to participate in transactions anonymously, but I don't want to deal with anonymous entities if the system turns against me.' \n\nMost people seem willing to trade their freedom for the peace of mind of knowing someone is in control. \n\nCraving safety often means, to some extent, surrendering one's liberties. Humans sometimes prefer dictatorial systems, primarily because these systems provide a sense of security.\n\nThat is why I don't think the mainstream adoption of Bitcoin—as an austro-libertarian cypherpunk* mind likes to fantasize—could happen today, with the system as is. \n\n*Privacy, freedom, minimal government intervention\n\n",
"sig": "cf014a5500606b388bd34530d6a8ced34a2f89f1e6834edf8927deba546872ee8956155d9215dc403097ddd5cf363286a23fde2c9b6687efac7f5ea822889689"
}