Lux(λ) |光灵|GEB|Dec 03, 2025 02:05
Here’s the translation:
"Truth bomb:
Satoshi Nakamoto's $BTC white paper explains: Introducing third-party trusted entities disrupts the natural and simple peer-to-peer individual network, making it no longer decentralized, meaning it can’t be trustless.
Blockchain technology has completely flipped the script, turning the natural peer-to-peer individual account system into a centralized account system. Whether or not trusted third-party entities are introduced later, it’s already far from being decentralized.
Let’s return to the true $BTC decentralized peer-to-peer encryption technology.
Understand Satoshi Nakamoto’s original craftsmanship in designing $BTC correctly.
The difference between the path of the Dao and the path of illusion lies in the starting point. With too many illusions, differing cognitive starting points lead to completely different outcomes.
It’s just like what Buffett’s mentor Graham explained about the difference between investing and speculating. Most speculators think they’re investing. Not being able to distinguish between investing and speculating is a very common phenomenon."
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