It's a lot of hope, faith and trust but I still am in and having it. Just relaying my long term fears of what could happen, so hopefully the right people notice and prevent it from happening
Discussion
Did you happen to read the block size war?
It was a great example of how such thing could go and how it went well. Not smoothly, but we still made it here.
I know the broader story but the book is still on my wish list. I hope to close this gap soonish 😅
i'm here in the trenches... i see what shitcoiners are doing right and i'm gonna build on that because... what is built on what is right will stand
they are mostly retarded btw, but they don't entirely reject wisdom
i'm just not gonna go in close, just gonna hit the targets where i can
Wait whaaat.. you're building on sand fren.
no, i'm swimming actually, because that's how fucked up things are
No financial advice but selling all my shitcoins and focusing on what matters really gave me peace of mind
this is who is paying me, i'm building on what they do that is correct
and i don't think that this thing lasts very long without more people in it and i'm helping them feel comfortable with getting in the warm pool
i'm pretty sure they are watching my nostr and they know i know why their shit is not quite right but people who are serious are cool with being corrected
sometimes you have to do it real quiet and carefull like but hey, they are paying me
i'll make them a perfect can of whoop-ass to get them to become more alert and realise what's really going on
shitcoins are mostly just shitty stocks, but some of the projects are not full of utter buttholes
I kinda agree and find myself in maybe similar situation, but don't fully understand the comment.
I'm for example working for tech companies that provide Blockchain services, while also trying to build tooling right for Bitcoin and Nostr. Double agent, if you will, but not a secret one. I learn good technology practices and apply them every where I work.
I sense resistence from Blockchainy startups to abandon their tokens and focus on the tech only which they do pretty well. They don't want to lose the monetary power of the printer.
On the other hand a resistance from Bitcoin world to do things in a professional and a less hacky way. They don't want to over complicate and centralize.
Aside from 100% believing there is no money other than Bitcoin, I'm confident there is good tech that deserves exploring and adoption which could level up the Bitcoin ecosystem so there will be no excuse for anyone not to utilize its coin and drop their fiat-like tokens and only focus on building.
Bitcoiners like playing it slow and safe though. I get that.
yeah, the blockchain companies funnel a lot of the wealth that comes in via exchange speculation to development work, but very often they are either reinventing the wheel or solving problems that don't exist
i think that the pBFT database has a lot of great use cases - and the voucher/stock like nature of the tokens they issue is really problematic, because it tends to end up being taken over by those who are corrupt and exploit people's anxiety about poverty, caused by fiat itself
definitely a big part of the problem is the VC mindset... they have fiat hoses and just try to spray that at everything and anything that might possibly become useful, and most of it is a waste