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Wall Street is desperately searching for “assets” to protect them from the debasement of their money while completely missing that they don’t have to anymore because now the money is the best asset.

Traders will be traders though and each will find in their own time.

#bitcoin

Little Johnny 2mo ago 💬 2

npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe nails it. If you are exhausted about all the talk about tokenization, stablecoins, crypto economy, shitcoin treasury companies, celebrity coins, etc., listen to this:

https://www.youtube.com/watch?v=KwXO8soh1wM

…and for the love of God do not listen to the Michael Saylor talk in the same Bitcoin conference.

I have learned a lot from Saylor, but damn he sounds like a total shitcoiner. I don’t think he was ever excited about self custody or #Bitcoin as peer-to-peer cash, but at least he had sayings like “there is no second best”. Now he is fantasizing about Katy Perry launching her own coin.

The cat is out of the bag, Mike. We only need Bitcoin, and Katy Perry launching her own coin does not change anything.

It’s already difficult enough for all the brainwashed newbies. We all have been there. So the last thing we need is the person, who is probably the best-known "Bitcoiner" on the whole planet, excited about Tom Lee’s ETH investments.

(I feel sorry for all the newbies trying to understand Bitcoin and having chosen to let Saylor educate them.)

I don’t know if Saylor has some mental health problems, or three letter agencies are threatening him, or what the hell is going on with that gnome. But instead of inviting Saylor as keynote speaker into Bitcoin conferences, we should ban him from entering the stage.

(I suppose we can sell him a normie ticket if he insists.)

#jeffbooth #Saylor #Shitcoins #altcoins #Ethereum #ETH #BTC #BTCinDC #stablecoins #tokenization #solana

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Discussion

Andy Scott 2mo ago

Agreed. It's becoming increasingly clear that Saylor sees Bitcoin as something that will revolutionise the current system, whereas Jeff sees it as a replacement and fundamentally incompatible. Saylor's interviews were a key component in my initial understanding of Bitcoin, but it's hard to see how the path he's forging doesn't lead to precisely what Jeff has guarded against. It's not an asset within the credit based system, it's a new system entirely. It's not a store of value, but new money that satisfies all criteria as money, including medium or exchange and unit of account.

Little Johnny 2mo ago

Yes, exactly. To be honest, I don’t think we can call Saylor a Bitcoiner anymore. He is a shitcoiner. In fact, he is a rampant shitcoiner.

But like said, I don’t know what is going on with Saylor… Perhaps he is a good guy, who is being blackmailed by the three letter agencies, and now he is trying to show everyone not to take him seriously anymore by shitcoining as hard as he can. 😂

Michael “There Is No Second Best” Saylor is talking about Ethereum, Solana, BNB, SIU (or SUI or whatever that is), Katy Perry token, Joe Rogan coin, etc.. I mean… what is the difference between Saylor and a shitcoiner? He sounds like Ben "Bitboy" Armstrong.

#bitcoin #saylor #shitcoins #ethereum #solana #bnb #btcindc #btc