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It feels like Bitcoin has finally crossed the Rubicon into the mainstream both a triumph and a tragedy.

Walking around the conference this year, you could easily mistake it for a fintech summit or SaaS expo in Vegas. Same blazers, same VC pitch decks, same awkward networking energy. The suitcoiners outnumber the cypherpunks by 100:1.

On one hand, this is what we fought for: global legitimacy, serious capital, institutional attention.

On the other, something’s been lost in translation. The raw edge, the revolutionary energy, the sense that we were building something against the system not polishing it up to sell it back to the system.

Bitcoin doesn’t feel quite as dangerous anymore.

It feels… professional. Predictable. “Respectable,” even.

Maybe that’s just the mask Bitcoin wears while it continues hollowing out the old world from within.

Either way, the vibe has shifted.

Affinity**For*Disobedience 7mo ago 💬 1

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The reality is that Bitcoin has multiple faces now. More and more diverse and divergent groups of people are finding utility for it. Which is fine. But shame on Bitcoin Magazine for highlighting the corporate side more than anything else. That's just very boring. We should be highlighting how Bitcoin is going to make the politicians that are attending this very same conference obsolete.

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Discussion

Nostrant Design Build 7mo ago

Maybe the incentives structures intrinsic to bitcoin are so pure that vapid surface level presentations of bitcoin are at worst a distraction. The fundamental precepts of freedom money are codified by Satoshi’s discovery/creation of digital scarcity, difficultly adjustment, amount of compute securing the network, node operators and common working folk who understand the value of bitcoin as a savings technology. To name a few. Ultimately there are two options for Bitcoin. Option one, Bitcoin is going up forever and will fundamentally change the nature of how human beings interact or option two, it will fail. There is no in between. Despite the lack of depth present at the convention it appears as though we’re currently witnessing option one play out.