[2019-10-09] Forbes: Bitcoin Can Help Fight Authoritarian Govts

[franky1]

Steak one day and dog food the next? What is he talking about, that's certainly not the Bitcoin I know of.

he is looking at the price today and then working backwards through history
so here is the better version(year average not ATH or ATL)
2009- drop of beef stock gravy
2010- few spoons of minced meat
2011- a burger
2012- steak
2013- a whole shoulder of beef
2014- whole beef ribcage
2015- whole calve
2016- whole cow
2017- a couple cows
2018- a herd of cows
2019- a bigger herd of cows

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[franky1]

If a country successfully bans miners, it still won't affect Bitcoin's network much, because mining is spread across the world, the worst case if it happens suddenly and in a country that hosts a large portion of miners, but even then it would just result in some temporary disruption.

and Lightning doesn't need mining to fundamentally operate. So, miner bans are even less disruptive the more Lightning is being used, it's effectively a hedge against any type of disruption to the blockchain layer (but the channel liquidity is of course restricted by however much is available before any problem starts, and at what rate new channels can be opened in the adverse conditions)

oh look CB has gone full altnetwork promoter. saying if bitcoin has issues the altnetwork thats not bitcoin will save him..
wow CB is a true altcoiner now. hope he gives over his btc to a central hub manager and goes play with them millisat tokens.
CB really has forgot the purpose of bitcoin. thus time he moved on

to translate
if banks stop being pegged to gold, its ok fiat bank notes will save people, dont worry about using unbacked fiat which you cant convert to gold because gold conversion has issues. stick with fiat
oh wait. that happened and many people dont realise how bad being loyal to the mess known as fiat is

[Carlton Banks]

Not 100% that I have the details right, but there was maybe a story about the collapse of the USSR that demonstrates how even mundane technology can tip the balance in fragile regimes; supposedly, middle-class Russians used fax machines to communicate coded messages to their anti-regime friends, and to print information pamphlets for the people without a fax machine.

There were many other things that helped to tip the balance, like western radio stations and smuggled goods, but ultimately the big reasons why it fell was because:

1. Its economy was wrecked by the Cold War.
2. There was a lot of inside tensions, as many nations wanted to form their own countries.
3. The soviet leadership was willing to dissolve it.

North Korea is different, their economy is much worse, yet their leadership shows no willingness to change, they would rather die than give up their power.

So, Bitcoin there can only improve individual lives at best, it can't be the power that could topple that regime.

sure. what I meant was that small, innocuous tools can make a significant difference in adding more straw to the camel's back but whether that was the last piece of straw before the camel quit is a bit hard to say