The Fockin’ Fury @TheFockinFury - 2y
Bitcoin was an act of protest against corrupt financial institutions. That’s inherently political but I would argue that the core position is one that all ends of the political spectrum can get behind. Nothing about the way it works is exclusive of one set of values vs another.
I see your point, but again, where in the bitcoin white paper or in satoshi’s writings does he mention that the fundamental purpose of bitcoin is to render a kleptocracy impossible? Taxation and wealth redistribution are facts of the state, like it or not. Whether held in dollars or gold or bitcoin or nuka cola caps, as long as a state exists, taxation will be a mandate. All I’m saying is let’s not get ahead of ourselves here. Bitcoin is better money that renders a lot of our legacy financial sector obsolete. But it doesn’t replace the state, and it isn’t a codification of any values aside from the need for trustlessness and self custody of wealth in an increasingly digital society & one in which the financial sector wields undue influence.
