Discussion
Is Saylor calling wBTC "Bitcoin"?
I guess everything is bitcoin really. If it's the unviversal medium of exchange then everything can be exchanged for bitcoin so everything is bitcoin. I win, checkmate, game set match.
Common thoughts from a common name
It's as bad as it looks.
SHITCOINS 🤣🤣🤣
#FREEROSS & FOSS DAY 2 🗯️✨
💩
Lol
🤡🤡🤡
Feeling embarrassed for everyone involved
good from far... far from good
Shitmouth about shitcoin.
🤡🤡
🤦♂️🤦♂️🤦♂️
Does Bitcoin care tho??
SURPRISED?
nevent1qvzqqqqqqypzpwy9rgrdl4uafr7ry535590f534r9gyc92prk4xdlqj3fwd3yzapqqsta870z3ksyt8nkt04drc33n4w0wdq0qy3krhmyn0krfwuxx6scvqua99gr
Should we tell him?
Shitty shitcoiners 🦅
LOL WBTC the participation trophy of Bitcoin, Saylor grasping at straws, until BitGo releases the UTXOs it ain't no BTC
The difference a single W makes. Turns the whole thing into a major L
A shitcoin will always be a shitcoin.
Don’t waste your time and energy on it.
Gay
Tomatoes tamatoes…..
Yeah that doesn't count
Somebody should ask Saylor what he means when he says…
“There is no second best.”
Not even real Bitcoin. We are witnessing the shitcoin-phase we all have been through.
GuttenTag!!
✍️🍿 Directly from the new President and his Maxi Sponsor, Saylor:
"Shitcoins = GOOD" 👍
"#Bitcoin = What is that?" 😮💨
it's very disappointing 😞
I have reply guy-ed you in the past regarding Saylor. Today I cannot defend him. Fair play. This is bullshit.
They bought ethereum. Can someone tell that gigachad what they bought. He sooooo smart he called wbtc bitcoin when its ethereum what the hell i thought he was smart
If wBTC really is BTC locked up in a smart contract, I'm actually more comfortable than most with this being "real".
There is some utility in being able to do everything on a single chain from a single address. I still think it's gross and they should have bought real Bitcoin, but I'm vaguely open to being proven wrong
what do you mean by “doing everything?” what more do you need to do besides use freedom money and save that value sovereignly over time? the only other “thing” you can be doing is shitcoining and rugging on a centrally controlled chain.
Yes. Those other things.
I'm not saying I approve of that other stuff. I'm saying if you wanted to do "all of the above" (including buy BTC via shit chain) then it makes strategic sense to minimize chain operations and use a single (ethereum) address.
Also: I can be a Bitcoin maxi while also accepting that Ethereum isn't a "centrally controlled chain". PoS is inferior to PoW for the purpose of building sound money, but Ethereum is still decentralized.
the Ethereum Foundation has literally forked the chain in the past to “undo” transactions they didn’t like. it’s a centralized chain lmao.
Open source software forks. That's kind of the point. It's up to the users to follow or not. You know Bitcoin has done the same right?
I'd argue that there is less utility.
Why is that?
Because why would you want to swap out of bitcoin? It is pristine permanent capital. There is no reason to trade it.
For liquidity in a bullshit casino where you hope to 10x and then swap back into even more Bitcoin?
I'm not saying I recommend it, but it's not a foregone conclusion that it's the root of all evil.
You might equally say to Saylor: "why bother with all this equity and dollar shit, just buy Bitcoin with what's in your pockets". This isn't to say that Saylor is the ideal model, but maybe you see my point.
Because you have to trust ethereum and that is never a good idea. There is nothing good about wrapped Bitcoin and you trying to justify it looks like saylor fanboy cope
I don't even disagree with the sentiment of the first half of your comment. I'm just trying to see the silver lining of "it could have been worse. there could have been no wBTC on the list". but i completely admit and lament that it could have been WAY better.
Saylor is useful for now and I can appreciate that. When he starts to become anti-useful (which I think will happen when too many normies start paying attention to him), I'll re-evaluate. This tweet of his isn't helping..
Pathetic
what would you expect from a company that launches memecoins of Trump family 🤷
*wrapped bitcoin + many shitcoins
😂 wtf Saylor
The irony 😹
CHILDREN IN SUITS
Sad
That’s not Bitcoin. If Saylor thinks that is Bitcoin, what has he actually been buying.
Serious question. What chain does nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqg5waehxw309aex2mrp0yhxgctdw4eju6t0t25cfd #Strike use for it's #tether integration? #Liquid? #ETH? I honestly don't know.
I have LONG noticed we have different standards for our 'heroes'.
People who think in polarities (black and white) tend to be bad judges.
And full disclosure for those same people... I threw up in my mouth a little when I read about the wBTC purchase.
High time preference. High time preference everywhere.
🫡
Imagine Saylor had almost half a million wrapped shitcoins. 🤣🤣 Plonker!
Wild times
Observe what they DO not what they SAY
So… Mikey, ya see that w at the beginning of the BTC right there…
Not a great take by Saylor but then again he’s comfortable owning ious.
HAS MSTR BEEN BUYING wBTC THROUGH COINBASE THE WHOLE TIME?!!
Would explain the lack of proof of reserve
I would be mind blown
Either die a hero or live long enough to become a villain.
Wut…. 👀👀🙀
I think this could be game theory. It’s going to confuse a lot of people and nations and give the US more time to buy or pass a bill. Maybe. Just maybe. But I’m biased
This is both my hope and fear. The Shitcoiner-in-Chief is going to cause many to FOMO into shitcoins. This might stave off the price of bitcoin from rocketing just a little bit longer, giving people more time to stack before then.
All shitcoins. I can’t see bitcoin on the list.
🤡
Hopefully gets community noted.
I don't understand Saylors agenda …
They didn’t buy BTC. They bought a lot of token vouchers to redeem BTC that hopefully they will exercise.
Not different, really, from what Microstrategy itself usually buys... 😅 🍿
👁️🤮👁️
Oh Lord who convinced them to go with wBTC 😂 The rugpull will be astronomical
The people lobbying are focused on promoting their own platforms—this is politics. Michael, on the other hand, is simply trying to educate them about Bitcoin, a powerful tool. However, in reality, things aren’t strictly black and white; there are nuances and complexities.
Let’s see how that works out 🤣