Manifesting a #Bitcoin Standard and an orange future 💊 ☀️ nostr:note1hnv0rphc6wmxyw3pjpc97t6l6a3e6jem4p7ce6xken9ly938u4wszu462x

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Discussion

History keeps doing this:

Gold standard -> gold banks -> bank reserve notes -> fiat

And we know fiat is slavery. So what about Bitcoin prevents it from following the same trajectory? Wallet Of Satoshi is already turning into a Bitcoin bank. Nothing prevents WoS from fractionally reserving, censoring, or any of the evil shit that eventually leads to fiat.

So what makes Bitcoin different? I don't want to see this:

Bitcoin standard -> Bitcoin banks -> bank reserve notes -> fiat

The ability to self custody #Bitcoin and verify the entire supply are game changers.

Just saw this relevant post on Twitter