i became interested in bitcoin because of its potential to build a parallel economy that offers an alternative to the censorship-friendly & orwellian mainstream financial system

so of course i want it to become private/fungible + scale to onboard millions of people at a cost much lower than western union/banks

so i get angry when i see a bunch of suits hijacking the narrative by providing “education” that makes sure hundreds of thousands of new community members only want to use it as a pet rock and actively oppose any improvement whatsoever

it’s a sybil attack on consensus which effectively freezes the ability to do any network upgrades

if guys like saylor can decide which dev gets funding and from where, then they discourage the medium of exchange function and manipulate the narrative on something as significant as self-custody, millions of people miss out on the once in a generation opportunity to fix the broken money system

if guys like saylor amass this much influence, bitcoin is effectively a delegated proof of stake system

i’m fine with finance bros using bitcoin for whatever. bitcoin is for enemies, right?

but when you weaponize your army of trolly ngu simps to effectively stall the progress of the project, i will do my best to remind people why i came here and what the mission used to be until just a few years ago

use bitcoin as a pet rock if you want, but don’t try to tell others what they should do with something that’s supposed to be freedom money

don’t ruin the lives of millions of people living under tyranny only because you want to see your number go up and you’re afraid of regulators

i may not have the same platform as saylor and i may not pass arbitrary purity tests from high priests, but at least i am honest and willing to use my significantly smaller platform to remind people why bitcoin was created and what it should ultimately become

and what exactly are those protocol updates that you would like that are now somehow being stalled?

Reply to this note

Please Login to reply.

Discussion

Great Script Restoration would be a good start to bring the cypherpunk builders back to Bitcoin.

Then MWEB for extra scaling and privacy.

BIP300 too, though this one is likely to happen if Paul convinces a majority of miners to deploy it. Won’t pursue the BIP process anymore.

Let the devs do the deving, stop all this purity test nonsense which doesn’t even pay the miners to compensate for the diminishing subsidy.

I want things like BIP300 to happen too but I'm too pessimistic to let myself believe it will ever happen. they are too dysfunctional to do anything like that ever again and there are too many bad actors poised to do social engineering attacks against any more serious innovation. bitcoin can only scale via custodians now. I hope it changes but I am done holding my breath.

Sounds like you are ready to make the move to Monero.