BREAKING: Cryptocurrency trading should be regulated as gambling, UK Treasury Committee says.

“With no intrinsic value, huge price volatility and no discernible social good, trading of #Bitcoin  more closely resembles gambling than a financial service.“

Why is it so hard for most to understand Bitcoin? Let's dive into it. 🧵

1/ Every Bitcoiner you know fits the archetype of a free thinker, a self-sufficient pioneer who takes action and leads the charge—the sigma archetype.

2/ Being a Bitcoiner means belonging to a small group of pioneers who recognized the flaws of fiat early on and joined the Bitcoin network to kickstart the solution.

3/ The challenge lies in Bitcoin's nonconformity to the limitations of the current system, with no internal solutions available.

4/ Moreover, the motivation to invest hundreds or even thousands of hours in educating oneself about Bitcoin is almost non-existent for many.

5/ Bitcoin's complexity surpasses our linguistic grasp. Our language lacks the semantics to fully encapsulate this novel technology.

6/ Language acts as our collective operating system for communication, symbolically represented through sound and light, aiming to convey concepts beyond instinctual understanding.

7/ Unfortunately, our current language lacks the proper symbolic representation to articulate Bitcoin in a way that the masses can easily comprehend.

8/ Rather than attempting to fix a broken system, we should let the state's incompetence drive society to discomfort, leading people to learn through lived experiences that the state should never have controlled money. That's why we must #Accelerate.

Here’s a quick screen recording of me enabling 1-tap #zaps in the latest Damus TestFlight and then sending a zap using the feature. I used a #[1]​ wallet. Note that I was already logged in to my Alby wallet when it gets to the step of the setup. If you don’t have a wallet yet you’ll need to set one up, or use a different NWC (Nostr wallet connect) compatible wallet.