<oembed><type>rich</type><version>1.0</version><title>moonsettler wrote</title><author_name>moonsettler (npub1dg…4mccn)</author_name><author_url>https://yabu.me/npub1dgesr3zcgyjv2z0050h7auzdlf88gycry7tlk7wsypmgngy97yxqv4mccn</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>man, i was looking forward to see if John&#39;s views finally evolved. but they just further devolved into a shameful display of coping about the &#34;necessity of trust&#34;.&#xA;&#xA;the entire point of #bitcoin, it&#39;s most important value proposition was that it does not require trusted third parties. that you can be selective about entering into a trust relationship on your terms when you see fit and not forced to do so for the most basic utilities.&#xA;&#xA;the other common mistake John seems to still subscribe to is thinking the &#34;ponzi&#34; works without the freedom tech at scale. it does not. paper bitcoin undoes the scarcity. institutionalized bitcoin has no cap on the supply.&#xA;&#xA;&#34;your journey ends here insert coin to try again!&#34;&#xA;&#xA;trust and credit sure work. and scale spectacularly. they are also copes and clear capitulation from the mission. they also only work until they don&#39;t which usually the lesson every nth generation has to learn and then the world forgets.&#xA;nostr:nprofile1qyg8wumn8ghj7vf5xqhxvdm69e5k7qgnwaehxw309askcem09e6hg7r09ehkuegqyzxd58d2lvkl3kh52qzn8jaxndj947sv4acndc6phcdkdghfuk7as3v7gj0 nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsqzq5q9f5r79n0n9vgr2ammm88h8xf2ft3zlywpffmzald2t0mp7364lply0z </html></oembed>