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TheGuySwann | 4 months ago (raw) | root | parent | reply | flag +3 
 No one has created a technology that allows the entire population of the world to cheaply hold sovereign control over all of their money in any amount. 

#Bitcoin is the only technology created that separates money and state, and creates a sovereign monetary supply and ownership system, but it never scaled at that layer, and neither does anything else.

It simply means we need to invent it. And we have the base layer to build it on. We’ve already found practical 10-50x scaling without a base layer compromise, and I can’t see why there is some hard wall preventing us from continuing to scale it out. Just because we can’t imagine it as this very second doesn’t mean it’s not possible.
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TheGuySwann | 4 months ago (raw) | root | parent | reply | flag +1 
 What I mean by this is to counter the idea that we are “straying away” from sovereign money. We are not. It is the only thing we haven’t lost. The difference is that many many more people are finding out it is desirable to have this, and no technology yet can bring that to 8 billion people.
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Den Yellek | 4 months ago (raw) | root | parent | reply | flag 
 I agree that there is no better solution and like you am hopeful for what scaling solutions the future will bring.

You are correct in pointing out that bitcoin itself is not straying away from sovereign money but what so many people are and are choosing to interact with is far from sovereign. In my mind the straying is more cultural that technological. 

As bitcoin becomes increasingly mainstream the average bitcoiner strays from being an adversarial thinking libertarian.

It could be compared to the internet and how there is no physical limitation preventing each business from operating their own website yet increasing numbers of them choose to only advertise  and operate through Facebook and insragram relinquishing control in the process and opening themselves up to censorship, surveillance and deplatforming. These same people will probably choose to only interact with bitcoin in the same way.

These are my fears and I hope to be wrong. I am glad there are so many smart and capable people working on open and interoperable bitcoin layers and hope to see them win.