Hmm, sounds like…
- Peter McCormack and other Bitcoin influencers shilling scams they fell for
- the Lightning network
- Bitcoiners promoting #MSTR like it’s more ethical and decentralized than Ethereum
- Michael Saylor and Peter Todd promoting shitcoins like Monero because "Bitcoin doesn’t need to upset regulators"
- BlockStream getting $21 million VC money to create sidechains, and giving us a multisig shitcoin instead
- i dont think you realize the role Roger played during the Mt. Gox insolvency. Both him and Charlie Shrem (the Bitinstant guy) hurt a lot of the Gox users by defending an exchange that was insolvent for almost a year, he defended Karpeles with LIES up till the moment of the exchange collapse. Having never taking responsibility for that, Mr. Ver was already on two-strikes for some people -- years before the fork. His track record points to being a bad actor and his string of failed companies in the space point to it also.
-What's wrong with Lightning? It's an open protocol for off-chain payments anyone can use.
-MSTR is certainly more ethical than a pre-mined unregistered security. 72M ETH came out of thin air and was distributed opaquely by the Ethuriyeum Foundation established in Switzerland
-Monero is a shitcoin
-Not that Blockstream needs defending on where their money went, but Blockstream also made a hardware wallet, a lightning implementation, launched a satellite, released liquid functionary code in addition to contributions to open source projects like Electrs/esplora -- Money far better spent than the junk VCs spend on actual shitcoins
- As I said, Roger may be the biggest liar in Bitcoin and using this message to scam and enrich himself, but at least his "lies" promote self custody and privacy. Saying "we need to change Bitcoin in order to scale and destroy central banks" is far better than "never change Bitcoin because it doesn’t need to scale or compete with the dollar". This is actually what Saylor says.
- there are many things wrong with Lightning. Fiatjaf talks about it often. Even its most vocal proponents are finally admitting it was WAY overhyped.
- MSTR is a stock, but because of its association with Bitcoin, it is being promoted like an affinity scam
- I agree Monero is a shitcoin. Unfortunately, Saylor and Todd say if we want privacy, then we should use Monero. That’s not what I want. I want to use Bitcoin.
- BlockStream raising $21 million is funny to me, because nostr:npub1nevsewvjqhrsmpfcpdqw6v3e9f6z8w9sq0yt8kpndk2cumw8g6hs5mjmve raised $3 million, and that is supposed to be suspicious. The tech behind Monero is not shitcoinery at all. It’s something Satoshi talked about, and probably invented.
Ver and Sailor are just egos. The pair of them could disappear tomorrow and Bitcoin wouldn't suffer.
Lightning is a work in progress. It's okay to criticise it. It's not okay to suggest that it doesn't work when it's used constantly, day after day after day.
Microstrategy is going to come back to bite us.
Monero is a shitcoin but I totally understand why people use it as a privacy preserving tool. I wouldn't understand someone using it to save wealth although.
Blockstream come in for a lot of hate for some reason. They've got a consistent history of delivering products and pushing the space forward. I'm not a fan of VC money but if they're going to use it to build even better tools let's see what they do before criticising.
Sounds like typical bigblockers/CSW cultists talking points.
