I feel like the CEO of Blackrock pumping #Bitcoin is a concrete sign that it's failed to exist as a useful currency to advance liberty. Some would argue it was never intended for this, but even now there are people who will sloganeer Bitcoin fixes this in the face of censorship and financial repression.

#MoneroOrBust? More and more I start to side with those that argue that currency is the wrong battle in the first place when it comes to attempting to hold the powerful to account. (pun intended)

@gabriel Huh? All currencies and securities are susceptible to manipulation.

If you want to avoid that, use the ones that have the least amount of attention.

@realcaseyrollins@social.teci.world
To be fair, there are many who erroneously believe that bitcoin can't be manipulated. While it is possible to maintain sole custody of your own digital assets, you naturally can't prevent others from playing shell-games and other schemes.

My overall point is largely in response to much of the web3 & nostr world that acts like in 2023 Bitcoin is still in early-days and ready to revolutionize liberty online any day now. Examples like this to me are concrete proof that this couldn't be further from the truth.

Much of the "blockchain tech" companies seem identical to big tech in culture and approaches. They just use the simplest impression of being different to sucker people in. This is why all else being equal, I think the fediverse is objectively superior to nostr and other web3 attempts at the same thing.

Doubling down, I agree with you but arguably everything is on the radar these days.

@gabriel @realcaseyrollins

1. blackrock could just be signaling loss of faith in the dollar and other reserve currencies, in which case their support is _reinforcing_ their belief that bitcoin will work as advertised
2. web3 is pure marketing there is almost nothing there, the few things that are there that are worthwhile (like ENS) are damaged and not enhanced by association with the label
3. the fediverse isn't better than anything until it gets out from under centralized dns and client-server

@Moon@shitposter.club
I'd argue client-server isn't inherently bad, unless you're talking about user auth in which case I get your meaning.
With the client server model you cansmooth out the limitations between different devices. Like having your "big box" store all your media and use thin jellyfin/kodi clients on other devices.
@realcaseyrollins@social.teci.world

@gabriel @realcaseyrollins allow me to clarify, I mean that right now activitypub IDs are URLs which point to individual accounts on a server (of which there may be only one, which is slightly better.) this doesn't need to be eliminated completely, just AP implementations need to be able to handle pure P2P users.

My other point is a little more provocative, but I think that technology that has a hard requirement on DNS at any part of the process is not viable freedom-securing technology at all.

@Moon@shitposter.club
Yep, sadly I wholeheartedly agree.
@realcaseyrollins@social.teci.world