Zeus (self-custody, privacy), Phoenix (self-custody), Liquid (federated, but high privacy), Ecash (privacy), Robosats (on the way to self-custody, federated), Bisq (self-custody), and so on and so forth.
I think that’s normal. A more progressive minority pushes the whole field forward. Only commies live in a world where everyone is equal and equally stupid.
The questions I would ask myself are: Is this bad for bitcoin? I don’t think it cares. Same way the internet doesn’t care about Google. Can the ETF/NGU people manipulate bitcoin price? Yes, either by a small percentage or for a short period of time. Long-term it’s impossible. Can they control it? No, it’s a game of three: miners, users, node runners. Is it bad that some people want only NGU? No, it’s probably the best way for a random normie to get orange pilled.
As long as the protocol layer enables sovereignty we'll be fine. Not everyone will choose sovereignty and that's also ok.
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There'll come a point where not everyone will be able to own a UTXO.
If the protocol enables sovereignty then sovereign solutions can be built on top of it and they are.
Sorry for my ignorance. What's NGU?
Usually, it is an allusion to people buying bitcoin solely in order to get profit. Sort of when a measure becomes a target, and not a tool for achieving something novel.
Hmm I see, I prefer NGD lol
FUCK I HATE COMMUNISTS!!!!!