How to say NO SHITCOINING nicely:

"While this is an open discussion and everyone is welcome, we will not be discussing "Altcoins" or anything from the "Cryptocurrency" space. Bitcoin is different and we will focus the discussions on Bitcoin, because nothing else matters. Everything else is filled with scams and charlatans looking to make a quick buck."

Consider,

Twitter could've implemented lightning tips, or honestly payments of literally any kind YEARS ago. But they didn't. Why?

#Nostr on the other hand has accomplished this in no time, and everyone who has experienced it immediately feels what a big deal this is... but why exactly?

Numerous features implemented in Nostr could've been on Twitter all this time.

• Do you think it's because they didn't want to?

• Was it too technically difficult, even though Nostriches pulled it off in a matter of days or weeks?

Of course not, it was POLITICALLY infeasible. Remember how Facebook spent *years* and bookoos of capital trying to create a *whole new currency* just to enable it because there was no chance of doing it with dollars? They were even dragged before Congress to explain why they would do such a thing as enable payments on social media! How dare they! It was easily squashed despite the fact that the list of those backing it was essentially a Who's Who of Silicon Valley fintech.

And what did the Twitter Files teach us? That not only would the suffocating regulatory environment make tips and payments on social media virtually impossible, but the political leviathan refused to even allow them to freely TWEET to their followers! Intelligence agencies were both *funding* social censorship & had direct communication channels to shut down people's accounts, shadow ban, & ensure that "unapproved" opinions simply can't travel through the network.

Like @#[0] said, "this has the power to monetize dissent." Consider the insane power of sharing an "unapproved" opinion to millions of people and being directly rewarded with 1000s, maybe 10s of thousands of private, instant payments while the post has unfiltered, free flow to every last user in the network.

No more "donation services" or "patreons" that take 10% and will preemptively shut down anything remotely against the establishment. No more Go fund Me's fuck stealing millions going to protestors to donate to a "charity of their choice." They are all immediately redundant & pointless.

Instead we are walking into a world with unfiltered, free flowing information and unfiltered free flowing money.

The simple fact is that no large, centralized social platform of any kind CAN do what Nostr does so easily. Because they have a gun to their head & they know it.

This is the 10x value add that is going to wake people up, and it's going to start with ALL the dissenters. We need to find all of them and bring them here.

The simple ability to have direct access to millions of followers, and be able receive payments and tips from them directly, unfiltered, untaxed, with no middle man & no authority whatever involved...

They are afraid as FUCK of that power. And they absolutely should be. Think of what a staggering problem the mere existence of someone like Joe Rogan has presented in the past couple of years. Now consider they attacked him through his network, his advertisers, his payment processors, and a huge targeted propaganda campaign (and fucking LOST despite, 🤣). Now think about the 1000s of others we watched get attacked, banned, deplatformed, canceled, etc...

–––––––––––––

Now imagine the past 3 years done over again, except without any of that being possible anymore...

Guys, we are right in the fucking middle of the revolution. It's right now.

⚡⚡🔥🔥

As a value investor, I find Charlie Munger's recent WSJ-published arguments to ban bitcoin/crypto and thank the leader of the Chinese Communist Party to be embarrassing and sad.

I'm currently writing a research note to 10,000 retail and institutional subscribers on why it's dumb.

Munger has a history of arguing that someone should be able to "steelman" their opposing view if they are going to have an opinion on something, which means being able to articulate an opponent's viewpoint more convincingly than even they can. Recently on CNBC, Munger was quoted on his historical claim and then asked by the anchor to steelman bitcoin/crypto after his WSJ op-ed, and he was unable to and didn't even try to.

He doesn't know anything about Segwit, Taproot, block size limits, whether a base layer should be Turing complete or not, anything about power dynamics between nodes, developers, and miners, etc. Absolutely no clue, and no attempt at a clue.

Such a bad viewpoint doesn't only reflect his old age, but also reflects his inherent ethics at a structural level from inception as a banker. It undermines his entire legacy.

Even on the history of money and its problems in developing countries, Munger would be schooled in a Twitter Spaces by any random above-average bitcoin twitter anonymous account.

It's sad to see.

Drop a 1,000 sat LN invoice. I'm draining this custodial wallet I have. 🤙

I don’t know what’s worse. An NFT on Bitcoin or using Bitcoin to buy one. 🫠