id Quotes from DooMAD
#1 That's the tricky part. Once you've lost it [privacy], it's often not an easy thing to obtain again. By the time these people realise, they might not want to put in the required effort to regain their privacy and just lazily continue down the path the government are laying out. I'd imagine that's exactly what the US are banking on.
#2 Would I be right in assuming it's not the existence of forkcoins you oppose, but rather just the false advertising part to sucker in new users? Because I'd argue that being opposed to forks unconditionally simply isn't practical. If people vehemently want to incorporate ideas into Bitcoin that are fundamentally incompatible with its underlying principles, do we really want them to stick around forever, still desperately trying to inflict their delusions on the Bitcoin protocol?
#3 Authoritarians will always lose here. Pay them no mind.
#4 Why do we allow rampant probing and scrutiny regarding the identity of satoshi? I don't see any justification for them to be an exception to the rule. There's no way people would accept it if it were their *own* account subject to such investigations.
#5 Social Contracts are not Byzantine Fault Tolerant.
#6 If that's [watching a number on the screen] the only thing you can think of doing with monetary sovereignty, that would seem to imply a lack imagination on your part. If you can't see the value in censorship resistant money, you probably don't understand it well enough yet.
#7 Bankruptcy is a necessary piece of the puzzle in fiat, because the system would cease to function and collapse if a certain percent of people didn't go bankrupt. That's not an issue in our new economy.
#8 Certificates of investment rely on brokers or investment firms. Centralised, opaque, weak and requiring trust. As such, you and your precious 'Traditional Finance' sector cannot rival what we have built. Your ideology won't permit it. You're too busy empowering middlemen to take a cut just for being a cog in the machine. That's the real scam. You actually believe in paying flawed and fallible humans to do something in a slow and inefficient way, when a protocol can do it far more efficiently and cheaply.
#9 I submit that the best way to deter this inscription/ordinal stuff is to call it out for what it is. Unscrupulous hucksters selling crap to unwitting fools. The fewer people buy this junk, the faster the sellers run out of money. Make their business economically non-viable and they'll soon stop.
#10 It's difficult to succinctly summarise why Bitcoin has value because it's a combination of many things all coming together as one. It does take a while to absorb and consider all the different facets and it's likely the reason people don't always "get it" right away. And in some cases, they sadly never understand at all.
Quotes from DooMAD