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If you had to design a financial system, would you rather it be one where politicians, economists, etcetera control it (or) would you rather it be software code that is fully transparent and predictable?
Obviously, the later. Unless you are a politician, if you can have an automated financial system which is ultimately what this is moving towards – that almost feels like it is an inevitability and anyone fighting that is somebody who has skin in the game that they are going to lose power, lose influence, and they are going to lose their ability to make money along the way, but it is going to change where we are going. I don’t see it as not getting.
Elizabeth Warren yelling about on the TV is not going to stop the kind of the adoptions that are already happening. I think it was more so of just a pricing for people on how progressive she has been in the past, in her kind of policies and governmental controls and stuff like that.
For her to come out and say, hey, I don’t like this at all, because a lot of the things that the attributes that Bitcoin has, would seem that most people would assume that fights her progressive needs when it comes to transparency, protection, security and all these types of stuff.
I hope somebody get it live on video. Somebody should explain to Elizabeth Warren; the system is so transparent that we can see what is in your bank account. Like that is how transparent the system is. I can see how much of an asset you have in your bank account. And I don’t need to go to the Pfizer courts or go and get an award or anything. It is a transparent system. I know it is your account; I can see into your account, which also means that I can see into the accounts of the big banks, of the fund, etcetera. You can see it on Twitter, on somebody’s platform. We literally can watch the flow of funds – we can show the flow of funds on the actual blockchain.
Community response: Confused about Elizabeth Warren “surprising for people given how progressive she has been.” We really need to sort out what ‘progressive’ means today, if anything. To me, progressive means control and authority. Control of our money, control of speech, control of our behavior and health.
Freedom-based groups which seem to form the core LT holding base of BTC seem to be the polar opposite of progressives today. How is this going to sort itself out? The platform changes, people abandon the platform, or people abandon BTC b/c their leaders say it’s bad?
