Cenorship-resistant protocols like ActivityPub (Lemmy, Mastodon), Nostr, Tor, I2P, and freenet solve this.

Check the wikipedia article, pretty neutral and factual reporting on the history. TLDR he revealed the US committing war crimes, they went after him with everything they had including planning an assassination attempt (which they never went through with). They tried to apply US law internationally to somebody who wasn’t a US citizen and wasn’t in the US. The UN said his detainment was illegal and torture. He’s been on the run, in some embassy, or jail for over 10 years for activity other news organizations regularly and legally engage in (leaking classified documents). Various US military, intelligence, etc agency heads have testified to congress that they couldn’t find a single death related to the documents he leaked, he didn’t put anybody at risk, in fact, Wikileaks sent every leak to the US govt before leaking it asking them for notes on what to redact. The US refused to participate in that process.

He also revealed the DNC was trying to bury Bernie, which the DNC didn’t even deny, they had to let a bunch of their top people go and do a bunch of primary reforms as a result. That’s when liberals started hating Wikileaks, because the DNC emails helped get Trump elected. They say the “timing” of right before the election makes his leak partisan. But wouldn’t you want that information before you vote? It is the job of wikileaks, or any journalist, to maximize the impact of information they are revealing on corruption. It’s not Julian’s fault the DNC was corrupt AF, all they had to do to avoid that was… not be corrupt.

There were also some sex assault allegations against him, which I tend to believe have some veracity to them however the accusers explicitly did not want him charged, it was a ploy to get him to Sweden where he would be extradited to the US. He was never even charged, only “wanted to questioning” but somehow got an interpol notice for it. His lawyers offered over a dozen times for him to be interviewed but Sweden insisted on an “in-person” interview for some reason. Curious.

Oh, and he helped save Snowden’s life by getting him a flight out of China.

Bitcoin transactions happen at the “speed of light” (~27:00) REALITY CHECK: As Bitcoin has grown, transactions have become slow. It’s in fact why many people do not accept it for purchases anymore.

Bitcoin is the same speed it’s always been. Blocks happen every 10 minutes. The transaction is transmitted at the speed of light but final settlement requires a block. Pay a high fee? Get in on the next block. Want to save on fees? Maybe it takes a few blocks for your transaction to go through. If you use Bitcoin lightning (a scaling layer built on top of Bitcoin which moves transactions off-chain but secures them on-chain), transactions take under a second for pennies in fees. Fees are much, much lower than credit card, paypal, or other similar competitors. You could send a billion dollars in a single transaction and pay $1.50 on main chain, or you could send $5 on lightning and pay <1c in fees. Lightning has been around for 5 years now, it works, I use it regularly.

Bitcoin cannot be diluted (~27:25) REALITY CHECK: Bitcoin is always being diluted until it reaches its hard limit.

The supply of Bitcoin, 21 million coins, is known and has always been known. It can’t be diluted beyond that point.

Nobody controls the network (~28:25) REALITY CHECK: If someone were to own 50% or more of the network’s compute power, they could control the network.

Nobody owns 51% of the network. Even such an actor can’t print extra BTC or force money to move without the appropriate private key. The best they can do is temporarily delay transactions while burning north of a trillion dollars in energy and equipment doing so. Which is why nobody has ever done it.

Bitcoin’s hard limit is likely very dangerous for the network (~29:00): Once the hard limit is reached, it is unclear if people will keep pumping computing power at it. If the creation of new Bitcoin is no longer allowed, it is possible that transaction fees will need to be raised to compensate miners.

Given that fees have continued to increase with time, this seems like not a problem. It’s not “dangerous”, it’s part of the design. If hashrate drops, it drops, but given that fees and hashrate have continued to grow despite continually minting less coins, it’s not really a problem.

Bitcoin’s lack of rules allow for massive amounts of fraud and prevents effective taxation (~29:25): While the video paints a cute picture of financial freedom, the reality is that Bitcoin allows for fraud on a world scale and does not allow for sales tax because of the way that anyone can have a cryptocurrency wallet without disclosing their identity.

Anybody can have a cash wallet without disclosing their identity, yet they still pay taxes. Bitcoin’s rules prevent the kind of fraud where the value of your money is printed away via supply inflation of central banks or “currency restructuring” on the global scale by the the world bank. People pay taxes because they think it’s the right thing to do and/or because the government has guns and makes them. Either way, if you run a company, if you are providing goods and services, you have a place you can send somebody with a gun and enforce those rules. All the companies currently paying taxes would keep paying taxes if they used Bitcoin.

Fees with lightning (Bitcoin) are often under a penny per transaction and transactions settle instantly. Usability has come a long way here.

K it solves this problem but hold onto your constantly devaluing fiat is you prefer. Your Euro’s portion of the supply decreases every year. Your BTC’s portion of the total supply stays the same every year. Your euro or BTC’s value may change relative to other things, but since the Euro central bank targets an inflation rate of 2%, it’s designed to lose at least that much value each year. And y’know, in recent years, has lost a lot more. Fractional reserve banking ensures there will need to be bank bailouts sometimes because banks are ‘too big to fail’. You will pay for those with the value of your Euro while the rich people who own banks don’t. Money printing doesn’t hurt them, their wealth is tied up in assets, not cash. Money printing hurts poor and middle class, who have the greatest portion of their wealth in money. Bitcoin solves all of this. It solved it over a decade ago.

Most cryptos are scams. Bitcoin has kept to its original economic policy and enabled sending transactions across the globe 24/7 365 for 15 years without a single hour of downtime or hack. You can send transactions in less than a second for pennies in fees to anybody on planet earth with a cell phone and a halfway reliable internet connection. It has a market cap of 850 billion dollars, that’s bigger than sweden’s GDP. It does this for less than 1% of global electricity usage, mostly from renewables.

Bitcoin and crypto are not the same. This will be the year Bitcoin is finally dead though, right? Finally all those users moving trillions of dollars a year in value I mean crypto bros will get whats coming to them and the entire Bitcoin ecosystem will disappear overnight because it was based around nothing but hype.

25 years of inflationary currency constantly losing value and bank bailouts. No thanks.