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> I'm here so I can have self-sovereignty of my money. Except you aren't really. You will always be beholden to one entity or another, in bitcoin the 51% who n
by fladrif 3y ago
> I'm here so I can have self-sovereignty of my money.
Except you aren't really. You will always be beholden to one entity or another, in bitcoin the 51% who need to clear your transactions. You just decide to not trust in the current financial apparatus and instead bet on the new.
- saurik 3y agoBetting on something where there is no single interest that can decide to screw you is fundamentally different than trusting something where one entity is in control. In a more principled world, I'd like to think the latter would never exist and people would be willing to go to great lengths to avoid or even protest against its existence.