🌀 enabled ability to use bitcoin as digital cash. that is why devs arrested.
“they” do 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.
Well “they” are taking that permissionless value away by forbidding bitcoin to be used as cash.
Arresting devs who dares to develop cash like spending properties with #Bitcoin.
Oddbean new post about login | logout