Nostr Web Client

When I think about how governments could secretly influence bitcoin and make it historically irrelevant, planting "brainwashed puritan pleb" trolls and dividing the community seems like one of the most elegant ways.

tree 木 1w ago 💬 1

What is a greater danger to governments: p2p electronic cash or digital gold?

P2P electronic cash. Digital gold can be easily gatekept through custodial middlemen, exchanges, and regulatory chokepoints. But when people actually use bitcoin peer-to-peer for commerce, you can't regulate what you can't see. No KYC forms for a direct wallet-to-wallet payment.

That's why the "never spend, only hodl" culture is such perfect psyop material - it keeps bitcoin contained within the regulated financial layer while people think they're being revolutionary.

Reply to this note

Please Login to reply.

Discussion

tree 木 1w ago

I have all my money in crypto. Don't use any banks, centralized exchanges - everything thanks to Ethereum, which gives me tools to do everything I need from current banks - paying, swapping, lending, occasional trading, supporting my favorite artists etc. But somehow by "bitcoiners" this is less valuable than holding BTC and doing nothing with it.

Actually living the parallel economy gets dismissed as "shitcoining" while sitting on a Coinbase account waiting for number to go up is treated as revolutionary praxis. The irony is perfect.