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Author: Admin | 2025-04-28

This author’s opinions do not reflect the opinions of Coin Brief.To the Bitcoin Foundation and its Members,I must preface the main body of this letter by saying that my message comes from a place of deep passion and respect for Bitcoin. I in no way intend to be contrarian or narrow-minded, I only hope to preserve the experiment in applied liberty that Bitcoin was created to facilitate.You see, while I understand that a Bitcoin fueled, libertarian utopia is, practically, little more than wishful thinking. However, I believe that a free and unregulated Bitcoin economy could eventually turn our exercise in wishful thinking into a realistic possibility at some point in the future. And I fear that the recent actions of the Bitcoin Foundation have been aimed at bringing this piece of cryptographic artistry under the auspices of government, which would render it as impotent in the fight for liberty as the beloved US Constitution. For that document was meant to be sacred, the rights protected by it were meant to be inalienable, but it has become nothing but a scrap of old paper ever since we have allowed the federal government to become increasingly intrusive in our lives. We allowed for such intrusion because we believed it best for the preservation of our security against foreign and domestic threats to liberty. Now, to many people, dealing with those threats seems like paradise compared to the massive police and surveillance states we live under today.So, in the past, when I have spoken out against the Bitcoin Foundation and its actions, I have done so out of genuine fear that compromising with governments will turn Bitcoin into nothing more than a new addition to the status-quo. Even the pursuit of benign legislation, laws that would affect no one except those that truly intended to do harm, would open the door for complete control over Bitcoin—no government would resist that type of opportunity to assume dictatorial power over any aspect of life. We cannot, for a single moment, expect governments to limit themselves in their arbitrary expansions of their own power.This statement does not come from a place of conspiracy, or an “us vs them” mentality. It comes from the notion that most governments—at least those in the developed world—truly believe that they are acting in our best interest. The most caring and humanitarian government is the most dangerous one, the one that

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