What goes through your mind when you hear a bitcoin whale is selling because ā€œbitcoin isn’t what it was meant to beā€?

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Nothing.

Bitcoin is a mirror.

It doesn’t care what others think it ā€œshould beā€. It just ā€œisā€. Every 10 minutes.

Tick tock šŸ§”ā°

Ooosh nice one

Naivity

nice, cheaper bitcoin

Gratitude that the precious scarce sats are leaving the wrong hands and bringing down the price simultaneously. Pure bliss šŸ™šŸ»šŸ™šŸ»

They have a point.

M oney

O pen

N eutral

E ncryption

R ights

O bscure

šŸ˜Ž that’s cool

Can we make the O -obfuscated on-chain

Obscure makes me think it’s shady

I was looking for that word, but it seemed not strong enough, especially since FCMP solves the obfuscation practice and makes it absolute.

Obligationless…but is that even a word

So they’re selling Bitcoin because it isn’t what it was supposed to be in exchange for fiat currency which is exactly what is designed to be?

Gini coefficient going down

OGs rewarded for hodling

Much more to be accomplished- ie OGs can’t buy what they want in satoshis so need to convert to dirty fiat first

Yeah and surely there’s a bit of cloaking their sale in idealism rather than just admitting they need liquidity.

who said this?

It wasn’t anyone specific, I’ve just heard it many times over the last year on pods and around the traps. It’s been playing on my mind.