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Vlad, Bitcoin Takeover Podcast

I’m living a nice and wholesome life

I wake up every morning without setting any alarm and do what I love all day long

But I’m still pissed off that I joined a revolution that never happened

Everything we used to say that would happen with Bitcoin went down the drain

Now it’s a stonk, just an instrument to speculate on in hopes of making more US dollars

It didn’t progress towards becoming a currency that competes with the dollar

It didn’t progress technically to encourage freedom fighters around the world to use it

Outside of making more dollars, there’s nothing that it does that other networks do better

It doesn’t have a killer use case anymore

The user experience sucks compared to fintech

All we have is hope that the ship will eventually turn around

But even the OGs who joined for ideological reasons seem to be selling

So who remains to defend the principles of the early days?

Who will still want to end the Fed when the Fed is making you more US dollars?

I don’t even see my friends around anymore, they either turned into insufferable suits or else they left the space

It’s depressing, really. This is not what many of us signed up for and I feel deceived

I spent nearly a decade promoting Bitcoin as freedom tech, but now the FBI is allegedly happier when their targets use bitcoin instead of cash (as suggested by Peter Thiel)

I feel sorry for some of the people I onboarded, who used custodial Lightning wallets that probably rugged them

I sometimes feel like a fraud who pushed false advertisement

But ultimately, I wish more bitcoiners demanded a change. Anything that lets developers build cool stuff and new use cases.

CTV, CAT, BIP300, I don’t even care at this point. Just push the boundaries, make Bitcoin technologically exciting again.

The bankers might fuck us, the old cypherpunks might sell out, but at least give the rest of us some cool toys to play with.

But no, “there’s no consensus”

Fuxking bullshit

TheFuzzStone 5mo ago

>>> But I’m still pissed off that I joined a revolution that never happened

No one is forcing you to stay where you are now, right?

>>> Everything we used to say that would happen with Bitcoin went down the drain

Yes, that's why there are so many other different projects around, because people didn't want to bow down to Blockstream and Bitcoin Core and just sit and wait for the kings to decide what to do with the project.

>>> Now it’s a stonk, just an instrument to speculate on in hopes of making more US dollars

Many popular figures in the Bitcoin community have been waiting for institutional money for years. Dreams come true. They've arrived. Everyone is enjoying it. Only you don't like the fact that BTC has been recognized by governments. Enjoy the cypherpunk future together with the government.

>>> It didn’t progress towards becoming a currency that competes with the dollar

No offense, but that sounds a little naive.

>>> It didn’t progress technically to encourage freedom fighters around the world to use it

It is impossible to predict everything that happens in a free market. One can only enjoy it. People around the world use what is beneficial to them, and Bitcoin definitely loses out here in comparison to USDT (whether one likes it or not). Also, Bitcoin has begun to lose out to Monero in terms of payment convenience, without the need to build additional crutches that only lower the UX.

>>> Outside of making more dollars, there’s nothing that it does that other networks do better

Free market! Monero - for cheap and private payments by default.

Ethereum / Solana - for DeFi.

Bitcoin—for NgU, and for recognition by revolutionary states (lol) and their structures. The Bitcoin revolution is here, together with us and the good states around us. Aren't you winning!?

>>> It doesn’t have a killer use case anymore

And this has been the case for many years.

>>> All we have is hope that the ship will eventually turn around

What kind of change are you hoping for in Bitcoin? Privacy? The big boyzzz who call the shots don't need that.

>>> But even the OGs who joined for ideological reasons seem to be selling

Because there are more ideological projects and communities.

>>> It’s depressing, really. This is not what many of us signed up for and I feel deceived

I get you. You can also go for a more ideological community.

>>> I spent nearly a decade promoting Bitcoin as freedom tech, but now the FBI is allegedly happier when their targets use bitcoin instead of cash (as suggested by Peter Thiel)

About ~8 years ago, special services began to openly say that they prefer when "criminals" choose Bitcoin over the traditional financial system because it is easier for them to track BTC.

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