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...apps be radical free market people, much more in line ideologically with roger ver and bch.
N
4.6
4
4.8
Unknown
Unknown
i mean, followers are also law, whatever people it's a very-
X
4.2
3.8
4.6
Unknown
Unknown
...fbi and all these people doing their damn job and trying to track down money of-
C
4.6
2.6
4.6
Unknown
Unknown
and then we'll have this treasure trove of, this is not some integral thing to the security of the world. this is some-
U
5
2.2
5.4
Unknown
Unknown
...horrid, horrid bullshit that's caused untold harm, but-
X
4.4
3
4.4
Unknown
Unknown
...different. you can't launder money efficiently by five cents-
X
4.4
3
4.4
Unknown
Unknown
great people. and then there's this kind of scary, weird element where you're like-
X
3.8
3.4
4.2
Unknown
Unknown
real possibility, the idea of a pan-
N
3.6
4.6
4.4
Unknown
Unknown
the idea that everything you do is all connected in one-
X
5.2
2.8
4.8
Unknown
Unknown
...cell phones, track and trace technology that may or may not work or be enabled-
X
2.8
3.4
4.2
Unknown
Unknown
and you can be denied entry and access to things based on that.
N
3
3.8
4
Unknown
Unknown
all of your financial exchanges-
N
3.2
3.8
4
Unknown
Unknown
...ledgers. they can absolutely tie everything back to you without that much difficulty.
O
4
4
4.6
Unknown
Unknown
with kyc and with-
N
3.6
4.2
4.6
Unknown
Unknown
...most people don't have good privacy practices.
C
3.6
3
4.8
Unknown
Unknown
...spending it. are spending it on kyc websites, so-
C
3.4
3.4
4.2
Unknown
Unknown
...you're at a point now where a large number of bitcoin have already been basically made trackable and traceable.
N
3
3.8
4.2
Unknown
Unknown
all the entry points and exit points that the mass users are going to gain are paypal or robinhood or-
N
3.6
3.2
4.4
Unknown
Unknown
...whatever.i'm less scared of panoptic coin on btc because it's essentially just going to be-
N
2.8
3.4
4
Unknown
Unknown
and the coins that are the effective coins. the paypal tokens that are going to be traded, each transaction is not going to correspond to-
X
4.2
3.2
4.6
Unknown
Unknown
bitcoin. all the other altcoins dying. bitcoin is the world standard.
N
4.6
3.2
4.6
Unknown
Unknown
on the whole, you're always in a game of cat and mouse with regulators and-
X
4.2
3
4.4
Unknown
Unknown
we wrote some code. you live in an ever fluctuating world- and-
N
4
3.4
4.6
Unknown
Unknown
it gives more optionality. it is a win for free-
U
4.2
4.4
4.2
Unknown
Unknown
...for an indefinite amount of time. so you want optionality-
N
4.4
4
4.8
Unknown
Unknown
...tradable asset. maybe you want to have some gold. maybe you want to have some bitcoin, maybe want to have some in a custodial wallet that you can-
N
4.4
3.2
4.4
Unknown
Unknown
...the internet. you can use it in a way that actually restricts your freedom or a way that enhances it. or a little bit of both.
X
4.2
3.2
4.6
Unknown
Unknown
anonymity [inaudible 00:05:57]. the united states government benefits from anonymity. every single government around the world wants anonymity.
N
4
3
4.2
Unknown
Unknown
no. we're not just completely indestructible because we have-
N
3.6
3
4
Unknown
Unknown
... buy it for too long. we're going to get accused of all kinds of horrible things.
X
4.4
2.8
4.2
Unknown
Unknown
privacy as bsv allows-
N
3.8
3.6
4
Unknown
Unknown
i actually crave more discussions and debates on that.
N
3.2
4.2
4
Unknown
Unknown
the problem, however, it's that it's almost impossible to get those discussions going.
O
4
3
4.8
Unknown
Unknown
don't be naive here. the definition of a good government is a government that's currently occupied by somebody who agrees with your concept of good.
C
4
2.6
5.2
Unknown
Unknown
[inaudible 00:06:38] government's ability to criminalize something that was previously good. it-
X
3.8
2.8
4.4
Unknown
Unknown
...view that, "well, if you're not doing anything wrong, you shouldn't care about-"
X
4.2
3.4
4
Unknown
Unknown
the world where we have bsv integrating with that taxes.
N
3
4
4.4
Unknown
Unknown
i don't think that there's anything inherent in the technology right now that requires that we necessarily enter that kind of world. i just think that-
N
3.8
4
4.6
Unknown
Unknown
small states, especially a small island nation, where they go, "actually this works-"
N
4.4
4.6
4.2
Unknown
Unknown
door of some regulator being like, "please meet with us. we want to help you regulate the entire crypto market." and then be like, "who is this crazy-"
H
4.8
3.8
4.8
Unknown
Unknown
let me announce it yet. but it's about to come out anytime.he was also asking anonymity.he's completely reversed course, and he's like, mixers are-
H
5.6
3.8
5.4
Unknown
Unknown
and he specifically used the word anonymity. not only that, i mean-
N
3.6
4.4
4.4
Unknown
Unknown
since before bsv and bch split, until after, and-
N
3.6
3.2
4.2
Unknown
Unknown
i don't think we have a lot of those on the record, right?
N
3.4
3.2
4
Unknown
Unknown
... he looks like a guy that's completely inconsistent and contradicted himself. so-
N
4.2
3.4
4.2
Unknown
Unknown
getting bsv adopted, whether you agree-
N
3.2
3.8
4
Unknown
Unknown
is it could be, he wanted to change to protect bsv.
X
2.8
3.4
4.6
Unknown
Unknown
there's a lot of people in bsv who are more statist-
N
3.8
3.2
3.8
Unknown
Unknown
authoritarian-sounding language we're seeing from the bsv community is actually more from the big-
X
3.4
3.2
4.6
Unknown
Unknown
and he's the type that must declare every-
N
3.4
2.8
4.8
Unknown
Unknown
...horrible at golf, bad father and the wrong about the protocol-
O
3
3.6
4.6
Unknown
Unknown
and their ideologies immoral. and so i think it was kind of a lashing out against the people who were opposing him.
O
4
4.2
4.2
Unknown
Unknown
terryann of altruist, libertarian involuntrists just want crime.
X
3.4
2.8
4
Unknown
Unknown
... he's very spiteful, wants to hurt the people that he feels like have harmed him. and i think this is true. i think this is a true story.
S
4.2
2.8
4.2
Unknown
Unknown
there's always some plan that's going to-
N
3.8
3.8
3.8
Unknown
Unknown
...crazy and arrogant and it's not some grand master plan.
S
3.2
3.4
4
Unknown
Unknown
let me actually defend that position really quickly. because i think that is the-
O
5.4
3.2
5
Unknown
Unknown
it's very easy to reverence the people with scientific insight so much that we make the mistake of thinking that their superior knowledge of the technology-
N
4
3.2
4.4
Unknown
Unknown
...gives them an entrepreneurial advantage. so here's a statement that i think should be obviously true and is-
N
4
4.2
5
Unknown
Unknown
...established by history. but i actually think it'll be controversial.
X
3.2
3.6
4.2
Unknown
Unknown
...reason at all to think satoshi nakamoto is a good entrepreneur.
N
4
3.8
4
Unknown
Unknown
because satoshi nakamoto can be the genius that invents this amazing, revolutionary technology-
X
4.4
3.6
5
Unknown
Unknown
...but there's no reason from history to think that that same person is going to be the one to make the magic.
X
5
3
4.6
Unknown
Unknown
all signs point to someone who is reacting emotionally in the moment out of-
U
5
3.4
4.6
Unknown
Unknown
... he's so consistently, easily provoked to walk away from the conversation with hotep jesus to start lashing out and saying he's going to throw everyone in prison-
X
4.8
3.2
4.2
Unknown
Unknown
is because his strategy is putting him there. like craig could easily avoid these types of moments-
O
5
2.6
5
Unknown
Unknown
...and it's making him an easy target. and because he's not going to tell everything that he knows because he's playing some kind-
O
4.6
2.6
4.6
Unknown
Unknown
oh, so something that can happen is-
N
3.6
3.2
4
Unknown
Unknown
...very plausible description of what's happening, which is why i think-
H
5.2
4.8
4.8
Unknown
Unknown
...implemented in practice. it's going to fail and that makes them feel so terrible about themselves. and so embarrassed that they-
S
3.2
2.8
4
Unknown
Unknown
immediately say, okay, well, i'm just going to stay in the academy and live in theory-land because they can't-
X
4
3.2
4.6
Unknown
Unknown
and howl's idea. and according to him, him and sirtoshi-
N
3.2
3.4
4
Unknown
Unknown
that we do know is, i think ray-
U
5
4
4.6
Unknown
Unknown
strong. yeah, sorry. i was going down a rabbit hole, but i'm wrong there, but yeah so.
S
3.6
3
4
Unknown
Unknown
a state could capture bitcoin by basically stealing electricity from electrical companies. and-
N
2.6
3.2
4.8
Unknown
Unknown
and giving it to minors and then minors just all go to that particular-
X
3
3.8
3.8
Unknown
Unknown
region. and now they're in one of the most corrupt states in the world.
S
2.6
3
4.4
Unknown
Unknown
be something that could potentially make bitcoin succeed.
S
3
3.4
3.8
Unknown
Unknown
i guess, i mean if lightning network were to succeed.
X
4
3.8
4
Unknown
Unknown
because i think that there's just too much opportunity for capture.
X
3.4
3.4
5
Unknown
Unknown
bitcoin. and you're thinking about majority of the world, they're not living on large amounts of money, so-
X
3
3.6
4.6
Unknown
Unknown
... so people's entire lives are locked in the lightning network, and-
X
4
3
4.4
Unknown
Unknown
some sort of settlement firm or something like that, which will likely be highly regulated because-
N
2.8
3.6
4.4
Unknown
Unknown
well, or they would have to kick the can.
X
3.6
3.4
4.6
Unknown
Unknown
marginal increase can't work, you can only be tiny blocks or unbounded blocks.
N
3.6
3.4
4
Unknown
Unknown
yeah. yeah, basically, it doesn't work if you just keep raising it a little bit because you're always going to hit that limit, and the same problem is going to happen.
X
4.6
3.4
4
Unknown
Unknown
or artificial scarcity. so maybe that won't work.
N
3
3.8
4.2
Unknown
Unknown
you know, there's a lot of power to, basically, hold guns up to the developers and say, don't raise the block size. if you do that, you're going to be a criminal.
X
3.8
3.8
3.8
Unknown
Unknown
... action against anyone who manages to actually fork bitcoin on a chain that doesn't have replay protection or all that stuff. if you do that, we're-
N
4.8
3
4.6
Unknown
Unknown
... are they going to see that a block size increase or a controversial hard fork as a threat to their money?
O
4.2
3.4
5.2
Unknown
Unknown
because economic pressure is part of the security model of bitcoin.
H
3.4
4.2
4.8
Unknown
Unknown
... i think for the value of a coin because with artificial scaling limitations that are sort of worked around with centralized vari-
N
4.8
4
4.4
Unknown
Unknown
hearing from people who are talking to big wall street type investors, or basically doing the math and deciding at what point is it no longer going-
N
3.4
4
4.4
Unknown
Unknown
it's an investment speculative asset that could go up in value because you believe people are going to believe in it, but it's not going to change.
N
3.6
3.2
4
Unknown
Unknown
the religion is so strong that once bitcoin goes back down to 100,000, but then a bunch of stupid people-
N
3.8
3.4
4
Unknown
Unknown
slow down and eventually hit some peak, or whatever.
S
3.4
3.4
4.2
Unknown
Unknown
this system could be completely screwed. people could be like, there could be a rough-
O
4.2
2.8
4.4
Unknown
Unknown
there're all kinds of crazy scenarios, the tech is so screwed up.
U
5.4
2.6
5.4
Unknown
Unknown
yeah, that's true. i mean that-
N
4.2
4
4.2
Unknown
Unknown
... yeah, that's possible. but i think in that scenario, the price of bitcoin is going to be severely capped because you got to factor in all the risks involved of those third parties.
N
3.8
4.6
4.2
Unknown
Unknown