https://www.reddit.com/r/Bitcoin/comments/zfyjdn/everyone_responsible_for_the_confusion_between/

Everyone responsible for the confusion between Bitcoin and crypto should read this

Bitcoin Ekasi is a bitcoin circular economy in South Africa. It is one of dozens of bitcoin circular economies around the world inspiring grassroots activities driving the adoption of bitcoin in Asia, Africa, Latin America.

The success of Bitcoin Ekasi is directly responsible for South Africa's largest supermarket chain Pick n Pay integrating bitcoin payments throughout the country.

This is a tweet from Bitcoin Ekasi today,

Here's the reality:

Today I attended the opening of a new Bitcoin education center in Kumasi, Ghana, in rural Africa.

The village chief spoke during the formalities and he expressed some unexpected skepticism towards the opening of the new center.

He said, and I'm paraphrasing:

"Bitcoin can be good, but it can be dangerous. Bitcoin can be a scam. A business collapsed and people lost millions of dollars. I am not sure you should teach our children about Bitcoin here."

Of course, the basics of Bitcoin to be taught at this center has nothing to do with the FTX casino and its crypto delinquency.

But this is the reality of its after effects.

This is the unseen and largely unrecognized effect of endless tokens riding on Bitcoin's coattails.

I challenge anyone who argues against Bitcoin Maximalism to step outside their techno bubble.

Step outside that place where a small minority of earth's people live, with a skill that takes years to acquire under the best of circumstances, which enables nuanced differentiation.

Take a trip down to ground level, come see what's being built, and spend time to understand it.

And then tell me Bitcoin Maximalism doesn't make sense.

I am waiting.

The proliferation of endless centralized premine, ICO shitcoins printed out of thin air by silicon valley start ups hiding behind bitcoin to escape from silicon valley regulations and those who support and enable shitcoin casinos are contributing to the confusion. The normalizing of affinity scam marketing and exploitation by companies and VC behind shitcoins is a scourge on bitcoin.

There's no company behind bitcoin. No foundation, premine, ICO, VC, license, trademarks, not even an "official" website, code repo or even a formal specification. There are only bitcoiners. If you think bitcoiners who call out and fight back against marketing of scams in the name of bitcoin are toxic, ask yourself what does that say about you?

When you think about bitcoin, think about this message from Hal Finney,

“The computer can be used as a tool to liberate and protect people, rather than to control them. Unlike the world of today, where people are more or less at the mercy of credit agencies, large corporations, and governments.

Naturally, in today's society, with power allocated so disproportionately, such ideas are a threat to large organizations. Balancing power would mean a net loss of power for them. So no institution is going to pick up and champion these ideas.

It's going to have to be a grass-roots activity, one in which individuals first learn of how much power they can have, and then demand it.”

― Hal Finney, The Cypherpunks Mailing List (1992)

Bitcoin is a human project built and shaped by people like you and me. Bitcoin's success originates from grassroots activities like Bitcoin Ekasi empowering people and communities who never had access to the global economy until now. Even if you are not someone who is positively making a difference to bitcoin, at least you can try not to be disruptive to people who are the real heroes of this movement.

Basically an attack against 0conf or trampoline channels or what have you. Basically people who think the transactions in peoples RAM, not written to the HDD as part of the merkle tree we call the timechain, might be a bit surprised to read about this.

https://bitcoin.stackexchange.com/questions/4942/what-is-a-finney-attack#4963

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Hey! Thanks for your reply, I’m merely looking for like-minded people. It started as a question / conversation, why did it turn into a lecture?

I’m well aware of what Bitcoin is and what it represents, I’ve been in the space 7 years.

I’m on Damus, where apparently it’s mostly maxis, exactly BECAUSE I’m not in it for the moon and CT does have its limits. I want thinking and innovation, I’m fascinated by the tech, but to claim that BTC has not shortcomings is a lie. CSW is suing BTC devs to force them to fork the code to return him the BTCs he lost in MtGox. Can they do it? Yes. Could Mining pools be sued in their turn to endorse the fork? Yes. So seems there’s a problem.

Nothing in life is perfect, BTC isn’t a religion and the White Paper isn’t a Bible. And if they were, know that no war of religion ended up with either side winning.

We shouldn’t expect the WP to be faultless supposed and stare at problems without hope. As all tech, BTC is a work in progress. So screw the problems, and let’s talk about solutions. I love solutions, I’m a problem solver and working on my own solutions to some of BTCs shortcomings. So is this a place where people are open to listening?

Yeah I turned it into a lecture because crypto is just a scam. Companies ran by either a working group of other companies with a CEO who can make arbitrary changes or just a head CEO and no other working group. Its like bringing robux and runescape gold under the same "digital asset" umbrella as Bitcoin.

You're in it for the tech but that's where you already messed up. Bitcoin is a social construct first and software second. Suing volunteer developers is not a problem with Bitcoin, its a problem with society, but all it means is volunteer devs will stay anonymous.

Third even if you accept the idea of an innovative robux token or twitch bits or twitter coin (is in store credit innovative again? Talk about a throw back) there are many issues with these systems design choices. Any data not inherent to computing (information that exists outside the chain) has to go through an Oracle. Well why didn't you just start with a multi sig of oracles? Its cheaper and makes way more sense!

Nostr is filled with maxis because nostr was created to demonstrate that everything being built on "web3" could be done better without a timechain.

Do you seriously think CSW can hurt #Bitcoin? Sued pools? LOL

If you're involved for 7 years, you weren't paying attention at all. The ".ethard" looks really great, never get rid of it, cryptobro.