Kortik ๐Ÿ‡ฆ๐Ÿ‡ฒ's avatar
Kortik ๐Ÿ‡ฆ๐Ÿ‡ฒ
kortik@no.str.cr
npub15lmj...2796
BIP47 | Artsakh | ิฑึ€ึีกีญ | Sznek | ีีฆีถีฅึ„ | Nodl | Cello PM8TJP7RYWNosUvkvj6zoV6QwhJLfQWc4fhVsp7ZWq1WR3HU3f4uUk2yuefEedzF97QMhcPfdphZEXyhWanh6ZgPUDVPmxjW9j51Wt2zHwgPvKVkdqxR
Bitcoin is an entire system, a system for creating the conditions of physical cash electronically. Satoshi's electronic cash system created the conditions for an electronic analog to physical cash. For the first time ever, data could be cash. And data is analogous to speech, and speech always wants to be free! So is #Bitcoin still money? There are no 'coins', no 'notes', no 'currency units'. There is only a chain of digital signatures(UTXO) When a new block is found a new special digital signature is created. The signature announced publicly to anyone who will listen There are no wallets. There are only keychains that hold public/private key pair data Text. Data. Speech.
It is not hard to understand that ๐ŸŒ€ whirlpool enabled ability to use #bitcoin as digital cash. That is why devs arrested. USA regime does not want to see real digital cash. #Bitcoin is designed to operate without permission from any authority. Its value proposition is entirely based on this property. Therefore bitcoin cannot be both permissoned and permissionless. Its security architecture necessarily assumes it is operating without state permission. This USA regime is taking that permissionless value away by forbidding bitcoin to be used as digital cash. Arresting devs who dares to develop cash like spending properties of #Bitcoin.
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