As posted in the comments to the Youtube post 2024-08-25
"Whitney Webb: Bitcoin as a Trojan Horse, Political Elite Corruption, Are Stablecoins the New CBDCs?"
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139K subscribers
"Building security on top of BTC is a tall order to maintain truly distributed 'peer to peer' PrettyGoodPrivacy PGP, perhaps the way to address this BIG challenge is to have existing BTC miners and blockchain nodes migrate and operate on a Secure Distributed Infrastructure where communications is totally private and, that is (sorry to say) not the current Internet in ISO Model Layer 4/5/6 terms, given the current govt authorities have the keys to crack the current encryption used, and now we now have NIST saying they will save us from Quantum Computer powered Hackers, not.
A postulated solution to the challenge above means moving BTC nodes into a private envelope of 'Quantum Computer Power Hack Proof' encryption, where in theory the node operator selectively grants permissioned, private key access for purposes of blockchain audit of transactions within their geographic nation state and its body of regulations and,
that means injecting 'zoning capabilities' into the CURRENT BTC blockchain design, in order to have those audits comply within existing nation state regulatory geographic boundaries, in order to comply with those nation state 'audit edicts' for tax collection purposes, which in reality is unworkable given the current design and state of BTC's node network of miners.
As such, it should be noted by all readers, there are other solutions finally emerging such as the Autonomi Network which take a completely distributed XOR contents addressed network 'CAN' approach to "Quantum Computer Hack Proof" protection, which in fact makes all transactions and communication securely Peer2Peer using existing proven peer to peer technologies to create a 'your keys, your data" interaction model, tech which Ms Webb and cadre really need to take a close look at, since this true distributed peer 2 peer model is in fact 'bankless' @ scale and already does support micro transactions with very little consumption of energy, a true WEB3/Internet 2.0 network on which, in theory, with permissioned node operator control, a modified, community designed and migrated BTC Network could actually operate on, w/o the current bank and govt interference.
In a 'perfect world' one could imagine and, even expect a few of the leading tech brains in the BTC community (not the "there can only be one" ilk types) to actually look at the above possibility to migrate BTC to ' peer2peer safety' at some point, which if well designed, could lead to a BTC community organized and supported hard fork of BTC to say BTCp2p operating on the Autonomi Network, to leave the current BTC ETF cheerleading crowd behind, non? "
BTCer's be safe out there by pushing BTC on to a true peer2peer Network that is under the control of the node operators and not the govt through centrally controlled power utilities.
That said, save yourselves as a community, cuz DJT and RFKjr have other plans for BTC in serving their ETF masters.
TK over and out
