Nostr Web Client

I love what’s happening in the #bitcoin space right now, although it’s not very clean—but that’s ok.

I believe two teams have emerged, and that’s actually very healthy for phase 2 (or maybe 3?) of Bitcoin’s journey.

We now have Team Store of Value (Michael Saylor, BlackRock, Wall Street, ETFs) and Team Medium of Exchange (Jack Dorsey, Lightning devs, Nostr, El Salvador).

One says: “Hold it, don’t touch it.”

The other says: “Use it, live it, grow with it.”

I’m firmly with the Medium of Exchange camp. To me, the real revolution is not just in holding harder money—it’s in spending it, earning it, and building on it.

That’s how we build real circular economies. That’s how we normalize it. That’s how we win.

And while I disagree with nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m on the Sats part, I believe this is the more exciting team. nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m is not even here to tag 😂

Choose your team wisely.

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Discussion

npub.xyz 7mo ago

well said

PoW@MaX 7mo ago 💬 1

The real issue lies in the intentions of "Team One" why are they pushing the narrative that #Bitcoin should only serve as a store of value (SoV), when it's historically unique as a triple-point asset: a store of value, medium of exchange (MoE), and unit of account (UoA) all at once?

When Michael Saylor claims that proof of reserves is a "security threat," it becomes obvious they want to co-opt #Bitcoin, just like what happened with gold. But they’re forgetting one key fact:

#Bitcoin is a global asset. It can’t be controlled or domesticated by American corporations.

nostr:nevent1qqsdgr438s3878kyhrjvqt5dlxyktgxm5exdhqz7sh7e7p24rz7xd3spz9mhxue69uhkummnw3ezuamfdejj7q3qnje4ghpkjsxe5thcd4gdt3agl2usxyxv3xxyx39ul3xgytl5009qxpqqqqqqzwe95lq

SO 7mo ago

I'm with the store of value team...coupled with using the currency if your choice. I see no downside with having more than one currency...especially during a transitional phase.

0x07AD 7mo ago

If payment in satoshis is an option, I buy satoshis with fiat and spend the satoshis. I will not spend nor sell my long-term satoshi stack.