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I'm extremely bullish on Bitcoin, I just think it's unfortunately going to be a long game. It is & always will be very easy to exchange tether for BTC. It will not be easy to buy BTC with the CBDC network dollars. There are also lots of people in poorer places, who are on tight day to day budgets, who operate in dollar prices & can't afford a 5 or 10% negative move. Going from 0 to 100% bitcoin is not an option for some people. A way to more efficiently operate in dollars while slowly stacking their way to freedom can be extremely helpful

nobody 2y ago

Sorry for my poor English. I mispelled proof(I wrote poof above...).

Anyway, I agree that it will be a long game. That is also why I think the Bitcoin only way will be finally the break through. I personally will focus on educating Bitcoin to people, not any kind of fiat-variation coins. I live in a time-limited time space. So I have to use my life time very efficiently. I don't have any of fractal piece of time to use on fiat(or fiat-pegged).

I have a long term view, but my life is shorter than Bitcoin's life time. I have to focus on Bitcoin with all my effort.

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Discussion

Jeff Swann 2y ago

I'm not telling anyone not to focus on Bitcoin 😊

I just also support the creation of better options for people who do refuse to focus on Bitcoin (for whatever reason). There are enough of those people that too much of a "fuck em" attitude is likely to be counter productive.

nobody 2y ago

OK, I get it. But, last thing. There are not "enough" of those 'fuckem' people on the contrary. Instead there are too much grifters and parasites of fiat predators. If you are talking about it in a inner circle of Bitcoin community, then you could be right (partialy). But we are now talking about global adoption. So, no. There should be more and more 'fuck em' Bitcoiners.

Jeff Swann 2y ago

I think you misunderstood. Let's be extremely generous & assume 10% of the population is Bitcoin friendly no matter what. There are still not enough hardcore Bitcoiners for us to say "fuck everyone who doesn't get it" without there being a serious chance of 90% of the population turning on us completely. CBDCs allow authoritarians to potentially turn everyone against us with financial rewards & punishments. But if only 10% wind up trapped by CBDCs because 80% started using tether tokens on LN to make micropayments & to connect their siloed services (venmo to cash app, etc) then that's a better future for us & the door to bitcoin adoption remains open for most of the normie 90%.

Gildong.Hong 2y ago

You are advocating slavery. Fiat is slavery. Fiat-pegged-coin is also slavery.

Sounds exactly like saying you're in favor of slavery because it helps the plantation owners and slaves themselves.

Wrong is wrong, even if someone demands the wrong.

Jeff Swann 2y ago

If the slave master is offering chains in exchange for a place inside his house, & someone else is building slave houses on the edge of the plantation with tunnels out, where is the better place for slaves you want to free in the future? I'm not telling anyone not to advocate freedom, I just think it's slso important to help those who still don't want freedom.