I like this guy because he isn't a statist cuck like most of the other Bitcoin influencers 😂

My hot take is: "Just wait till Bitcoiners figure out Bitcoin".

Just wait till Bitcoiners figure out that the real speculative attack is not buying treasury companies that short the currency and allegedly buy Bitcoin, it is Bitcoiners taking self-custody and demanding proof-of-reserves from public companies.

Once that happens, gold bugs and non-gold bugs will be forced to figure out Bitcoin.

Until then, Bitcoiners still think that:

- Permissionless tech = permissionless adoption.

- Bitcoin is co-opting the state.

- You can enforce 21M by delegating to wrappers.

And until then, most gold bugs still think that Bitcoin is Ethereum is Solana.

Most people only care about Bitcoin because number goes up more than other things they can buy.

This is incompatible with on-chain BTC at the bottom, and layers of IOUs, wrappers, and derivatives on top.

The protocol can cap issuance at 21,000,000 BTC.

Markets can create claims on far more than 21,000,000 BTC.