Entropy is the asset. Words are the interface. Mathematics is the guarantee. Master three nouns and you have mastered the deepest security ever offered to an individual, a Bitcoin wallet.
On this day in history, 16 years ago, Satoshi. Nakamoto wrote what would happen if governments split the Bitcoin network off from each other, “It could tell if it's not hearing the hum of the world anymore…your transactions can get into the other chain at any time later.”
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Even if $btc fell from here to 50k what’s the point of selling your altcoin that’s already down 80%? I don’t get it. For a 5% better entry? I’ll never understand how alts continue to bleed even down 80%. There’s little intelligence in crypto, it’s primarily people who just follow
1/ Privacy is often thought of as politically risky. In this guest thread by @valkenburgh, Executive Director of @coincenter, he makes the case, in his own words, that the reality is the opposite:
Privacy is essential to Ethereum’s promise of financial freedom and neutrality.
17/ But, in the end, the risky path is not privacy. It is radical transparency.
Transparency makes Ethereum governable, pressureable, and punishable.
Privacy narrows the attack surface. For users, developers, and validators.
Privacy is not the problem. Privacy is existential.