The Bitcoin Wars

Act 1: 2013/2014 Dread Pirate Roberts

Bitcoin vs The US Government

Act 2: 2017/2018 The Insider Coup

Bitcoin vs Big Block Corporations & Miners

Act 3: 2021/2022 The Free Market

Bitcoin vs Silicon Valley & Cryptocurrency Network Effects

Act 4: 202X The Woke Mob

Bitcoin vs Politicians & Central Banks

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2009: Bitcoin launched by an anonymous cypherpunk, with no VC funding, as an alternative to inflationary debt based money & bailouts for banks.

2023: VCs pretending to be cypherpunks bastardize the blockchain & rebuild everything that's wrong with wall st, then beg for bailouts.

Now that the same Shill-a-coin Valley VC complex that propped up FTX/Celsius/LUNA/PonziFi has lobbied for & received a bailout, it should be more obvious now than ever before that these charlatans & grifters are not part of Bitcoin.

I'm quite certain that Bitcoin just won the war with Silicon Valley.

What comes next is more strict regulations for the Crypto VC industry that almost took down the financial system with Ponzi Finance.

The Shill-a-coin Valley bailout is a victory for Bitcoin fundamentals 🍾

We are now ending Act 3 (this process will take another year) and entering Act 4, Bitcoin vs Central Banks & Politicians.

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Discussion

Don’t forget the 9 months of ESG bs.

Is that not wrapped in the woke mob bitcoin stage? The two kind of went together as the progressives came larping in.

Yeah, you’re probably right.

There was a definite shift in culture that wasn’t aligned with the original goals.