1/ One of the reasons Silicon Valley has a tough time with Bitcoin is that we are accustomed to seeing technology with multiple winners at every layer.
but it actually will be one size fits all. “governance” is obfuscated plutocracy at best and rule of the dumb mob at worst. The money-commodity needs to be stripped of as much politics/governance as possible; moreover, all that matters is global liquidity and salability > gov
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We are mixing different type of governance here. On-chain governance is the equivalent of monetary policy. Bitcoin argument is that it should be fixed, predictable, therefore very little need for "governance". Governance to make decisions between people is completely different.
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