Bitcoin Philosophy & Governance - Bitcoin is decentralized authoritarianism due to its unforgiving rules, but the enforcement is not centralized [1] - Core's actions loosened a consensus rule, prioritizing more activity over strict boundaries, which is seen as centralized destruction [2] - The network needs to tighten rules again, which is difficult for those who don't understand how the 21 million limit liberates them [3] Hard Money & Decentralization - The "hard" in "hard money" comes from unforgiving rules [1] - Distributed authoritarianism is contrasted with centralized destruction of boundaries [2]

Cryptocurrency & Finance - The industry emphasizes the importance of hard money over easy money [1]

Market Comparison - ZCash ($ZEC) is compared to Bitcoin ($BTC) in 2016, highlighting the early-stage risk and uncertainty surrounding its adoption [1] Investment Risk - Investing in $ZEC is considered extremely risky due to uncertain social and regulatory acceptance [1] Core Value Proposition - The core value of ZCash is hard, private money, appealing to those who believe in the ideals of hard money [1]

Bitcoin & Monetary Policy - Individuals with extensive experience (30+ years) in high-level finance, despite high intelligence (top 1%), may not fully grasp monetary inflation [1] - The value proposition of Bitcoin as hard money may not be understood by some financial professionals [1] Investment Implication - Act accordingly, suggesting a call to action based on the perceived undervaluation of Bitcoin [1]

Investment Strategy - BlackRock sold Ethereum ($ETH) [1] - BlackRock purchased $200 million worth of Bitcoin ($BTC) [1] - Institutions are shifting investments towards hard money assets [1]

RT Adam Back (@adam3us)There are node runner risks to participating in p2p networks which provide privacy, self sovereignty, anonymity and bearer cash, going back decades to the extent there are people who don't like self sovereignty. And those risks are higher the more service you enable on your node. Eg an exit node in tor, remailer; a non-leech mode in p2p file sharing. And so on.Interesting parallels you can draw to concerns about Bitcoin node runner risks.I used to run an anonymous remailer, with all e ...