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SatoshiRamanujan
3cfe39ef57f017cd4a608f740dd5b26ed239a9953527b5c3850d4c483eee01ab

Jack, with Twitter descending into MAGA/Trump chaos, don’t you think now is the time to actually get people who don’t fall in with that crazy to abandon that platform?

I deleted today yesterday. Same feeling as you- endless negativity, doomerism, etc.

20 days to go I guess…

Yeah you’re talking about purchasing power and it’s true that even if BTC is worth $1m in [x] years it doesn’t mean that it will have the purchasing power of $1m today.

However the adoption and finite supply are also positive factors that also increase the value (in purchasing power terms) of Bitcoin.

So in [x] years when Bitcoin is worth $1m in USD terms, will it have the same purchasing power as $1m today? No. But will it have more purchasing power than what $65k gets you today? Yes.

Does that make sense ?

Replying to Avatar Lyn Alden

You tolerate other people ten times more if you know ahead of time that you have a shared principal with them. You'll disagree around the margins but realize you're basically on the same page.

Back in like the 1950s USA, people felt that sense with their neighbors, church, and even government. They might disagree on things, and there were some shitty downsides to that (anyone not in the majority) but they were like, flag-waiving Americans. So a question is how to recreate that, and more broadly than it once was.

And ironically, as shitty as the authoritarian economic and legal situation is in many ways, people in Egypt today feel that way today. There's a substantial sense of unity or shared ideals, aside from a small percent of extremist outliers. That's true for many developing places.

One of the major strengths of the "bitcoin community" is this set of shared identity. Bitcoiners will loudly argue with each other, but they know they have at least one foundational shared agreement. That's healthy.

There were times, at like conference side-parties, where I noticed I was standing in a friendly discussion circle with like an anarcho-capialist to the literal right of me, a progressive to the literal left of me, a human rights advocate from an authoritarian state in front of me, a billionaire capitalist with pragmatic politics also in front of me, and us standing in a circle happily talking and basically friends. It's because we have at least one shared major principle that brings us there. A unifying factor for which, as we enter discussions for which we might disagree, we know we can build common ground upon.

As certain countries get hollowed out, and as neighborhoods become more remote and distinct, I continue to believe that local in-person bitcoin communities are absolutely profound. Regular meetups help exchange local fiat with bitcoin P2P, help educate people on the latest tech, help bring people from different viewpoints together, etc. Absolutely essential.

Lyn, I generally agree with the idea that shared principles can foster unity and tolerance, and the Bitcoin community exemplifies this well. However, it does seem that many in the Bitcoin community, at least in the United States, are increasingly trying to politicize Bitcoin and fit it within the arena of US political football. My concern is that the core message and purpose of Bitcoin may become subordinated to some individuals’ political ambitions and values. This isn’t unique to Bitcoin; we’ve seen similar trends with other technologies and movements (e.g., social media, renewable energy, etc)

So… I’d like to understand how can we ensure that the foundational principles of Bitcoin remain intact and not overshadowed by political agendas?