Something This ecosystem has changed fundamentally. This ecosystem has undergone a fundamental change. Regardless You can express your opinion about the politics of the global world. Bitcoin As a system and protocol, it was explicitly created to work in an hostile environment. In an environment in which politics and government are actively against the network.
The Core value proposition Bitcoin It is a fact that the system can function in spite of such hostile environments. It The resilience of the foundation can help us build on it, as everything we do will be resilient to an extent in face of a powerful adversary.
It In this ecosystem, it seems as though the faith in core value propositions has nearly completely disappeared. Determination The idea that we should build on and protect this solid foundation at all costs has disappeared. In In its place, we have politicians who cheer, prefer trading selectively advantageous regulation and prioritize short-term financial gain above the preservation of what is important. Bitcoin First and foremost, it is valuable.
People They are not as concerned about the tangled web of connections that is part of the mining eco-system. Bitcoin’s foundation of openness and censorship resistance, and more concerned with whether President Trump It will either pump out our bags or the bags of all shitcoiners.
We I count my chickens, even though they haven’t yet hatched.
Bitcoin has issues regarding mining centralization, and that part of the ecosystem’s vulnerability to regulatory attacks and mandates from governments that could put at risk the ability of people to openly use the network without fear of censorship. It It has problems with scalability and its ability to accommodate enough users who use the network to protest and opt out in a way that is large enough for governments to notice. The The custodians that people will otherwise need to use, as well as miners are vulnerable regulators. It It also poses a grave privacy problem, which exposes users to regulatory pressure that forces them into self-censorship.
Bitcoin This country has a lot of problems. But instead of trying to fix them all, it focuses on the ones that are most pressing. Bitcoin The US is more interested in currying favour with the present administration than it is about ensuring the resilience of the US system. Presidential Administration To gain a few tokens of policy success and financial gains, but at the risk of making major concessions to protect your long-term interests. Bitcoin’s foundation.
So Where did we go wrong? And What the hell is going on with everybody?
This Article is an Take. Opinions expressed are entirely the authThe following are some examples of how to use's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
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