You have some of the best insight i've viewed on crypto thus far. " People don't appreciate my opinion because I'm "pessimistic" but really those are fundamentals that are paramount to the future of this technology. They are issues THAT WILL ARISE and so they are issues that need fixing or at the least serious attention."

Many of these people walk around here like they in disneyworld fantasizing all day and seem totally out of touch with reality. Ron Paul says the government will ban bitcoin? Look it's only 2 that have not been declared unregistered securities. That means every other project is potentially already illegal in most places, lol. So they could rightfully ban the majority of crypto under law anytime they want.

Why don't they? They look at this and i believe rightfully so as these rag team operations totally nonthreatening. When they do show just a little bit of a threat what happens? The institutions and big corporations take control. Bitcoin has been centralized for years now and more and more. What do you think those big controlled large mining data centers is both government and corporate controlled are. Decentralized tech is a joke. You're never going to have any real decentralized tech lol. I'm not being pessimistic because i'm going to tell you exactly what you gotta do before i get off this thread.

You're a very intelligent guy sir. I haven't come across many like you in crypto yet. I've only come across those with their heads in the clouds

"They aren't issues NOW because this is just not big enough to be a bother to both gov and bigtech. That's the goal though no? So then logic will ultimate mean there's a storm coming that people here aren't ready for. The entire crypto sphere really."

Reality hits everyone when the handcuffs go on. Yes you're right as i said earlier this not even significant to bother it's like a small group of people rioting in the street. Just to focus on the tech a little bit. The tech is not really decentralizing these networks. What are some of the tenets of decentralization? i'd break them down into a few categories. 1. development teams. 2. miners. 3. exchanges. 4. wealth.

Not one of these areas are decentralized. Not even close. Development teams many have centralized networks.. miners we have an issue there geographically.. who manufactures the rigs.. govt jurisdiction etc.,.. Exchanges which will still use at a rate of 95% that are centralized. .. Finally wealth which is a joke to say with the ratio of crypto wallets and what percentage of what groups hold more or less.

"It's a long road.
Tech is still speculative.
Reality however is definitive."

The tech is still speculative. What is the significant use case? Did you go through your day today and just had to use crypto? Could you have used something else more efficiently? So first we gotta actually use this stuff. In a way thats not just hobbyish or fun for it to be taken serious. So it's gotta solve some real issues here. We can discuss if it's censorship resistant and all those things. However like i've talked about before. Today's people on social media dying to be heard. They dying to get the people they don't like kicked off platforms. So i think something needs to occur so catastrophic in their privacy and security in order for this to feel like a threat to them. Trying to create doomsday scenarios about the big bad governments probably wont work well. We gotta see it and feel it.

You mention about where they storing this stuff. Where are they storing the data and images and videos. So these operations aren't like youtube or facebook .. amazon some behemoth that can handle all this at an optimal level. The problem as well with technology is we want the best technology.

If you join a social network. What you wanna be on the number 2 social network and not the number 1? The people don't like second rate stuff. They don't like videos that are bad quality opposed to viewing them on youtube. The market just wants better products. So this is all an illusion this is fantasy. Do we really believe the governments of the world will sit idle by lol. Let us destroy their financial control and national security. When people are money laundering all day and night..Whereas it is true this happens with traditional cash. The governments aren't going to let it happen outside their currencies. Not going to happen.

The other problem i find in the crypto space is you have these type structures i don't wanna use phrases like pyramids or things like that in a negative way. I mean this to make a point about what i believe pulls people in crypto deeper down into this pit of not being able to face reality. I think once you kinda climb to the top of these projects it's easy to become a bit naive willful or otherwise to what's going to happen.

To be fair i don't think it would be much different with me. I think i would moreso wanna see only the good parts. I think it's natural. However we have to deal with this head on. It's not going to be helpful to us in the future if we don't. So let's move on to what need's to happen. Let's go beyond what they may deem to be your pessimissm or my pessimism or whatever they wanna call it.

So what i've said is that as long as these systems exist outside of us in a tangible way they will always be at risk of the government ceasing control. The governments have become quite efficient at it. Some still buy into this belief that oh they can't do anything. That's just painfully naive. They can do alot. Trust me if you're the guy sitting home with your 4 or 5 kids you don't wanna be the target of the government and you probably will cave.

So the answer i believe is within projects i've created like bitcoin myk. I won't talk about the fundamentals of it. I will only say this to make the point. Crypto has to be a right. A natural given right of value from the partiicipants to the point that no matter what the govt can take.. it is your right to control a certain amount of value in that network .. real or imagined. So in that sense they can't even take the crypto. As the crypto doesn't really exist anyplace but within you. It's all within you. There is no other way. They can segregate a million machines .. a trillion machines will come to the same thing. They can create any formula they want they will still end up with some vastly centralized system. It is only in approaches like the one i've mentioned that you can even seriously think about escaping.

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