"It's antifragile just like life itself."
Life is utterly dependent on a couple things, that, if disrupted, would eliminate all life on Earth. BTC is utterly dependent on one thing, the physical network owned by BlackRock. BTC, and the internet, and each individual voice on the internet, exist at BlackRock's pleasure, and one at at time or all together, Larry Fink's whim could silence them. Life on Earth can be destroyed if the integrity of the Earth is disrupted physically, which hasn't happened in >4B years, but could. There is a risk.
But BTC is dependent on the whim of Larry Fink, the current BlackRock CEO. The network doesn't have to lose physical integrity for BTC to fail. It just has to refuse to transmit BTC transactions, and censorship is one of the easiest things in the world to do, apparently, since it happens all the time. But those are at different scales, and not at all pan-global. Also, various regulators interfere with network transmissions all the time too, and have forced KYC on the CEX's. I agree this strongly suggests the legacy financial people intend to keep BTC around, for now. But they could shut any single HODLer down at any minute without consequence, even Roger Ver. The finesse and granularity with which censorship can be applied is all but infinite.
It is ludicrous to suggest people that don't own that physical network are some kind of force of nature that can prevent that network from doing whatever the hell Larry Fink wants it to. It's also silly to compare BTC to terrestrial life, because being dependent on Larry Fink's whim to exist isn't comparable to the resilience of terrestrial life, or it's dependence on the physical integrity of the planet.
My confidence in the status quo, and Larry Fink, is pretty low, unlike my confidence in the integrity of planet Earth. If you're betting it all on BTC, you're betting it all on Larry Fink's permission. I don't think you have any hold on him, or any clue what he intends to do, or what those he answers to have in mind. I've worked too hard for stuff I don't have anymore to take that kind of risk with the stuff I still do.
There is a risk that Larry or his bosses have something in mind for BTC that will extort you with your valuation of your holdings. If they tell you that you can only exchange your BTC for mealworm burgers and Nestle brand water, you'll probably roll with it, since you won't be able to do anything about it, and that's a lot of bugburgers and water, after all. They're not going to offer me anything for my non-holdings of BTC either. But I don't want any bugburgers so I'll be growing my own food, because I'm investing in that instead of BTC. Seems like a fool's gambit, if you trust Larry Fink.
I don't. Good luck.
Life and evolution are the literal definition of antifragility.
Not much more to say on that front.
If the world worked in exactly the way that you describe here then these people at the top level would not be wasting billions of dollars trying to manipulate public opinion. Actions have consequences. More often than not it is the path of least resistance that gets taken, but yet you are constantly positing about the path of hardest resistance being chosen and the entire world being lorded over by a single centralized entity.
That is simply not how the world works.
It's a good thing too because if the world worked the way you are constantly saying it does than your silly little homestead isn't going to save you when there are drones and robots looking over your shoulder 24/7. Like oh they can shut off the internet on a whim but they can't walk over and take all your land and throw you in prison. Okay then.
A lot of the comments you make on my posts are the same old doomsday scenarios. I don't need to waste time preparing for what happens when a tiger is clamping down on my neck. It's not going to happen, and in the one in a billion chance it does happen there's not a god damn thing I can do about it. If I start seeing tigers walking around outside my home then I'll make sure to arm myself. Not before.
You don't think having billions of people working for you is a worthy goal? Also, this is hardly the venue to explicitly detail 'exactly' how everything works, so that's not a fair criticism. Also, no one knows 'exactly' how these banksters operate. Here's some actual scholars that have been researching 'how it works' in their academic positions for their entire professional lives, and I bet their perspective is novel to you. At ~1hr 30min they state 'This is science' to underscore their vast evidentiary basis for their claims, including DNA, documented history, and current political affairs.
Shortly thereafter the the guy uses the phrase 'The power of the entire world working for you...' (~1:32:00) IONO mang, DYOR.
Hardly. I do mention centralization, but often discuss why they will fail, because they're incapable of into society. Psychopaths don't see people as others like themselves, but as things they can manipulate to get them to benefit themselves. They can't have friends. They have to take what others have, and that's their one trick. When they don't have plebs to parasitize and democide to steal from, they will turn on each other. So, you misunderstand, or mischaracterize, my thesis.
I agree. They've already taken my real property, multiple times, through various mechanisms of courts. I'm well aware a half a dozen thugs with guns can end me and take what's mine. I'm not going to live forever, anyway. Since I don't hoard money, I'm not on their radar, though. Security through obscurity is a very weak defense, but it works for Hive, and it can't hurt. Anyway, I'm going to die one way or another, so I might as well die on a hill worth dying on.
Cataclysms happen. People differentially survive them depending on a variety of factors, depending on the nature of the cataclysm. Sometimes people just get lucky and the rock doesn't land on their head. However people that take risk into account and prepare for it preferentially survive. Throwing caution to the wind is what opponents most love to see.
Which is easier for technocrats, censoring information on the internet or sending gangs of armed thugs to dispossess people of their land? In the wider perspective all I am saying is hedge. And, don't make silly, indefensible comparisons between digital data that is utterly dependent on the permission of banksters to be transmitted and terrestrial life that has proven it's resilience for ~4B years. I'm saying that too, but mostly my point is hedge.
How could you be so wrong lmfao
He likes to go big or go home
Well, you could state in what particular I am wrong, and maybe we could figure it out. Do you think that BTC that has been around for ~12 years is comparable to life that has been around for ~4B years? That's pretty silly. Do you think that the physical integrity of planet Earth is comparable to the whims of banksters in terms of risk? Make a case. You're just making an ad hominem which is basically an admission you have no arguments.
I accept your concession.
It isn't. BTC can be transacted using just about any communication network. So your argument falls flat from the beginning. Go educate yourself.
Pray tell, what cables, radio transmitters, or satellites aren't owned by BlackRock?
The ones that are not owned by BlackRock, any other questions?
Nothing isn't owned by BlackRock.
Yeah, talking to you is futile.
Existence of pirate radio stations, proves that there are things and communication equipment that is not owned by BlackRock.
Maybe use that thing what is called a brain that is sitting on your head the next time.
You have long stated that Bitcoin Core is in control of the Bitcoin Protocol. You're being proven wrong on this front as well, which is pretty much the same exact concept.
Bitcoin Core was delegated power.
And now that they are saying they are going to remove the op_return 80 byte limit people are switching over to Bitcoin Knots in protest. Bitcoin Core was never in control of Bitcoin.
Mining pools are delegated power: they can't attack/control Bitcoin.
Most of Blackrock's power is also pure delegation.
You seem to greatly struggle with this idea that when people fuck around they find out very quickly. The balance of power at the top is not a pyramid; it's an inverted pyramid that can topple over for like any reason. You just think it's an easy job because they are experts at balancing the teetering pyramid and make it look easy and stable.
Blackrock is in control of very little. What they are in control of is delegated to them by their benefactors. They do not make big waves. They are masters of the Butterfly Effect. Small nudges that lead to big profitable outcomes. Larry Fink is the face of a single hedge fund (in a sea of hedge funds). His power is even more limited than Blackrock's.
Larry Fink personally pushed DEI and ESG. There's a lot of that going around. He's also the Agenda Director for the WEF, in addition to being the CEO of BlackRock. You sell him short.
This is literally example in my favor concerning exactly what I am talking about.
DEI and ESG were left-wing political ideologies that half of the population wanted anyway.
He nudged it in that direction and the outcome was massive because it had support.
And now he does not do it because it was not profitable or effective.
So the best example you can give is not only one that had support but also one that failed and is no longer employed. I am shaking in muh boots right now.