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Kick-starting #Bitcoin #SkepticismSundays 😎

One of the things that showed me the intellectual honesty of the Monero community and helped to force the community to stay grounded in reality and always laser focused on their core ethos was their weekly "Skepticism Sunday" Reddit threads. These threads allowed the community to come together, ask hard and skeptical questions about the design of Monero, the privacy provided, the economic approach, and much more.

In my time in Bitcoin I've never seen anything similar, but the nuanced and high-signal crowd on Nostr seems like a perfect fit to fire things up and see how it goes.

The goal of this thread (which I'll post weekly on Sunday's) is for discussing the uncertainties, shortcomings, and concerns some may have about Bitcoin.

NOT the positive aspects of it.

Discussing things with a critical thinking approach and level-headed discussion helps us learn where Bitcoin and it's community can improve and go from there.

I know this is late on Sunday, will post earlier next week but would love to hear y'all's thoughts on the concept or skepticism 🙂

Dash 2y ago

I worry bitcoiners aren’t doing enough to boot strap a circular economy. unless people can buy goods and services in bitcoin the movement will fail. I welcome the likes of silvergate and coinbase going down as I think long term it will be good for bitcoin. I am happy to see the dollar price flat to down during the transition. the point of bitcoin should be self sovereignty and a seizure and censor resistant SoV /P2P spending tool which can travel at the speed of light and anyone can participate in without permission by running a full node and mining. The vs USD NGU narrative is not useful and is heading potentially for a giant rug pull as US administration blocks liquidity. I also think “the institutions” came too early and would rather they lost interest in bitcoin. This needs to be a grass roots movement by the plebs for the plebs as we build an alternative system—brick by brick—which likely won’t really improve life for us materially (other than the joy of being engaged in meaningful work) but will potentially make life much better for our children and grandchildren.

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Discussion

Seth For Privacy 2y ago

Absolutely, circular economies are a passion of mine and something that is *absolutely vital* to the survival and usefulness of Bitcoin long-term.

If we can't spend or use Bitcoin without converting to fiat, it's easy to choke off "non-compliant" uses.