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Replying to Avatar HoloKat

IF Saylor is actively discouraging development, my theory on that is that he probably fears the "bitcoin as currency" narrative so much because that invites a shitstorm from US govt. and he probably thinks it will set back "bitcoin is an asset" narrative in some way that meaningfully hurts his investment.

Stopping development might be beneficial to him as it halts any potentially regulatory challenging developments. To him, bitcoin is good as it is and it doesn't need any new development. He's probably thinking "leave it the f alone!".

Just a theory, hinging on a big IF. I don't know what the reality is.

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TheGrinder 1y ago

Saylor can think whatever he wants. "peer-to-peer electronic cash system". We're not changing the asset class for institutions.

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HoloKat 1y ago

Plebs United!

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TheGrinder 1y ago

What's next? Shitcoinery is ok for as long as it's done on the Bitcoin chain? Oh, wait...

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