Yes. My current general thinking: 1/ government stuff should mostly be public (blockchain!) 2/ individual stuff should be default private 3/ businesses - part private, part public, dependinghttps://twitter.com/MustStopMurad/status/986465085148233729 …
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I agree, though given how many people were killed by governments led by Hitler, Mao and Stalin vs. private actors or groups, the real risk may be not giving people more privacy and freedom and a capital flight conduit that works every time.
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I’m from USSR and I agree with you wholeheartedly. I think we should use cryptography and technology to put a reasonable ceiling on state power. But I still have concerns for irrational people, weapons, radicals, arms trade, etc.
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Yep, fair. I was in Times Square on 9/11.
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This will come. But being decentralized, imho, priority #1. If we have a new group of mega elites, a simple war will solve that. If we have vested interests that can collectively stalemate the powers at be. When the switch occurs, no one gets their country invaded.
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How would that switch be equilateral, obviously some Central banks / groups will have so much more Bitcoin / etc. than others coz they buy earlier?
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It's already happened. I watched it and can't believe Chainanaylsis or w/e their name says that 1/4 of all BTC/* are 'lost'. I call bullshit. Japan has jumped in most recently. World powers have already shifted. At least five G20 countries have a large holding.
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Purely speculative. Since I didn't watch these countries grab the private keys and lock them away. But I will say, you'd be surprised if 20B usd went through your network. Then it turns into 100B. Those keys might be worth digging through your super secret files on people.
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Interesting! Can the NSA get Satoshi's private keys, you think?
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