If anybody prior to the closing decades of the 20th century had said that they "want to be in the middle ... of every payment flow in the world regardless of how it happens or what the currency is behind it", they would have been locked away in a lunatic asylum.https://twitter.com/NickSzabo4/status/1055972265559449600 …
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Yup, i think it didn't took too long after Bitcoin came out, for the big finance companies to realize they are doomed,, hence they are for years already preparing the ground for centralized points of control. they play as if half dumb about it. they aren't.
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It wouldn’t be sporting if they didn’t fight back. Where’s the fun in that
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Well, in best case where Bitcoin prevails as is - and it will, it is unstoppable - it seems will mean the dismantling of states that are companies de facto,, with lots of weapons to go down with=rivers of blood.
End of conversation
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Can’t we get to a place where visa is in the middle, but of LN bitcoin payments where affective custody is in the hands of the user, and user can move to compatible wallet (i.e Square) if/when they need to?
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What would’ve been the way to prevent centralization in those cases? Or is there none?
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