m0wer on Nostr: > Bitcoin is designed to operate without permission from any authority. Its value ...
> Bitcoin is designed to operate without permission from any authority. Its value proposition is entirely based on this property.
> The security of Bitcoin does not extend to white market systems. Any system dependent upon the value proposition of Bitcoin must also be black market.
“Cryptoeconomics: Fundamental Principles of Bitcoin”, Eric Voskuil.
Published at
2026-10-08 09:31:22 UTCEvent JSON
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"content": "\u003e Bitcoin is designed to operate without permission from any authority. Its value proposition is entirely based on this property.\n\n\u003e The security of Bitcoin does not extend to white market systems. Any system dependent upon the value proposition of Bitcoin must also be black market.\n\n“Cryptoeconomics: Fundamental Principles of Bitcoin”, Eric Voskuil. \n\n",
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