Bitcoin is neither the ETFs, the treasury companies, the Strikes, the politicians, the influencers not the stablecoins. Exactly the same as bitcoin never was the ICOs, the VCs, the exchanges, the lambos, the NFTs or the influencers.

Bitcoin is the noderunners, the solo miners, the FOSS builders, the educators, the local adoption facilitators. This makes bitcoin unstoppable and this is where we win eventually. In time. All the rest is just inevitable noise.

But the purchasing power of bitcoin IS important, because we are all incentivised to defend our savings with these efforts. It is money eventually, isn't it?

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Savings follow freedom.

Without freedom what are your savings worth. Now apply the concept to a bigger scale and you understand why cypherpunks fight for freedom over pirchasing power. Simply because one follows the other.

I agree with you. I just think that the original post is an unfair generalisation. There are many freedom fighters in bitcoin. Enough to defend it. And defending it is in my opinion the most important part. The cypherpunks are just not as loud as the rent-seekers and scammers.

How naive

Well said!