The German Credit Card Network went down, and that’s sad.
However…
It is simply not true to say, “Bitcoin Fixes This”. Bitcoin cannot fix anything by itself. Building businesses on Bitcoin fixes problems, not talking about Bitcoin.
Building businesses that make it trivially easy to get and use Bitcoin is what fixes problems.
That means businesses like Azteco to deliver Bitcoin to people everywhere on earth instantly and pain free. That means wallets like Wallet of Satoshi, Green Address, Samourai Wallet, Bitkey, Foundation, Proton Wallet and Blue Wallet.
The combination of these Bitcoin services are what will change the world, not tinkering at the edges, endlessly iterating over tools no one can use, or launching new, UX Development free “wallets” that are hostile to users.
The days of Bitcoin Theory must come to an end, replaced by Bitcoin Action.
Bitcoin Action means making tools that are human centric, not Bitcoin Centric. Bitcoin is for human beings not the other way around. That’s how the real world works. That’s how you change the world.
Money is not managed in “Communities”, and money is not a Cult either. Money is in fact a very private, individual thing, and people only cede this because they get security or utility. It’s why people put cash in banks and not under mattresses…the sane ones that is.
The appalling lack of urgency, lack of empathy, lack of seriousness, lack of exposure, lack of knowledge, the duvet ducking, the parochial over focus, the ignorance, bad assumptions, lack of insight, cloistering and cowardice would be a real cause for concern were it not for what’s coming.
What is coming are many people, using Bitcoin on a non cult basis, for Saving, Sending and Spending. Bitcoin is going to be normalized, and re-contextualized to account for its nature, not the position of THE CULT.
The British Government has taken it upon itself to classify “Crypto” (Which excludes Bitcoin obviously) as “Personal Property”
This is of course, utterly ABSURD. What they are claiming is that if you roll a dice 50 times and write down the result, that that random number is your PROPERTY. It’s so monumentally stupid it beggars belief that anyone could make a claim like this aloud.
Even the dullard ChatGPT knows calling random strings “Private Property” is crazy: Whether a randomly generated number can be classed as private property is a complex legal question that involves considerations of intellectual property law, privacy law, and the nature of numbers.
1. Intellectual Property Law:
• Copyright: Copyright law generally does not protect individual numbers, as they are considered facts or ideas, which are not subject to copyright. Copyright protects original expressions, not the underlying facts or ideas themselves. Therefore, a randomly generated number, by itself, would not be protected under copyright law.
• Patents: A randomly generated number could potentially be part of a patented process or system (e.g., in cryptography), but the number itself would not be patentable. Patents protect inventions and processes, not isolated data like numbers.
• Trade Secrets: If a randomly generated number is part of a confidential business process (like an encryption key), it could be protected as a trade secret, provided it meets the requirements of confidentiality and economic value.
2. Privacy Law:
• If a randomly generated number is associated with an individual’s personal data or is used to secure access to private information (e.g., as a password or encryption key), it might be considered private information. Unauthorized access to or distribution of such a number could potentially be seen as a violation of privacy rights.
3. Ownership and Property Law:
• For something to be considered private property, it generally needs to be something that can be owned, controlled, or exclusively possessed by an individual or entity. A randomly generated number, unless it’s tied to a specific legal or contractual context (e.g., a lottery ticket number or a cryptographic key), would typically not be considered private property.
In summary, while a randomly generated number on its own is unlikely to be classed as private property, it could be considered private or protected under certain circumstances, such as when it is part of a confidential business process, personal data, or a proprietary system. The context in which the number is used and the legal framework surrounding that context would determine whether it can be protected as private property.
And in case you didn’t know, Pi, which is infinite, contains all possible numbers, including all possible Bitcoin keys. To say that someone “owns” a string in Pi, is as absurd as saying someone owns 3.14. Only a crazy, illiterate, enumerate person would make such a claim…
But here we are!
In a desperate move to engineer relevance in the growing “Crypto” (Bitcoin) space, the British Government is simply making things up, on the mistaken belief that “Bitcoin needs Regulation”, which it absolutely does not.
Many new and interesting things are coming, and you, surely, will be entertained and thrilled by it all.
Right, right right?
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