Davido Davido
2 min readJun 3, 2023

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Alberto, thanks for the encouragement. It is appreciated. Yes, a Bitcoin-like system that removes money from the control of governments will prevail at some time for our descendants. And yes all governments have limits on their power. Thank God.

We agree that govts have only the power that people give them. I've been fighting govts since childhood, so govt isn't getting much power, or tax from me. I'm among the least likely to comply. Yet govts also wield the power that our neighbors grant them as well. So many of our fellow citizens are willing to comply, that independent monetary systems are doomed in this generation. Western nations will have a lot more oppression before an adequate minority rises up to demand freedom.

The weakness of Bitcoin is that centralization of mining and ASIC production makes the BTC BlockChain vulnerable, and govts know it. Telling yourself and others that the current Bitcoin blockchain cannot be stopped, is an error. It is you who must not be naive.

I understand that the proposed Restrict Act, with its 20-year max sentence for aiding each non-compliant transaction will be insufficient to stop the BlockChain. When Western govts tire of Bitcoiners resistance, they will jointly regulate the majority of mining. Regulation covering the majority of mining, together with orphaning blocks containing non-compliant transactions will give govts control of every Bitcoin transaction globally.

I understand also that even after the BTC blockchain is fully controlled, there will be an underground. We, true Bitcoiners, will use alternatives, and create forks and new coins. We will not be giving up. We just won't be doing Peer to Peer transactions on the Bitcoin Blockchain.

There is no such thing as a peaceful revolt against the corrupt. There can be no hyperbitcoinization without civil war. Therein lies the naivete of Bitcoiners.

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Davido Davido
Davido Davido

Written by Davido Davido

Voluntarist, Agorist, not Pacifist. Don’t Tread on Anyone. Rely on Hard Assets, Hard Principles, and Hard People

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