They should name it Rothschildcoin
"No, Michael Saylor, thatâs not what I want. In fact, itâs very far from what I want." - nostr:npub1dnzzyhmewrzkh862z7z2shwmhh5htx0rvkagepj2fkgst9ptwg3qj4x52h
Mike has some pretty screwy ideas but some of the shit in here is downright sinister. Excellent piece by Frank.
https://bitcoinmagazine.com/takes/michael-saylor-doesnt-understand-bitcoin
bitcoin is currency if people demand it as payment.
Michael Saylor thinks #bitcoin is #capital, not #currency, and would like to see the world adopt the digital U.S. dollar as #money instead.
I vehemently disagree with his perspective.
My latest for nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu.
https://bitcoinmagazine.com/takes/michael-saylor-doesnt-understand-bitcoin
Saylor wants Tether's business
By that logic, the current anarchy at the nation state level should inevitably get to a single world government
20k at the beginning of 2019 would have been 5 bitcoins
Trying to leave a poison pill in this form only increases the chances the US will bitcoinize
The question is why they were retarded enough to keep fighting for four years after that?
https://xcancel.com/rarepassenger/status/1871547617773265357
nostr:nprofile1qqs06z703ng6a6plua0xcr7lc4pcghjmc06s6fkj6hjud5l62g0e3sqpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qghwaehxw309ashgmrpwvhxummnw3ezumrpdejz7qg6waehxw309ac82unpwe5kgcfwdehhxarj9ekxzmny9uk2m0j6 I have a shorter version for you
Government
- require KYC to buy and sell Bitcoin
Coin captured.
People
- ignore KYC
Coin freed.
Thank you. This whole ra ra USA #1 SBR is gross.
FWIW, Canada scored 97/100.
US scored 83/100.
UK 91/100.
Russia 13/100
https://freedomhouse.org/country/united-states/freedom-world/2024
Propaganda
$15M in 2012, is probably $40M today
El Salvador is now abandoning its government-created Bitcoin app, Chivo, and repealing the law that forced its citizens to accept Bitcoin.
Was forcing people to use Bitcoin really "freedom"? Thatâs a laugh. While I love Bitcoin, forcing a population to use a specific currency is more akin to authoritarianism than freedom. This kind of intervention is closer to a form of state control than true economic liberty.
The government also had no business creating an app. It's the free market's role to innovate and create solutions, not the stateâs. After years of development, what did we get with Chivo? A poorly executed, buggy app that led to significant fraud and mismanagement.
Letâs not forget the so-called Bitcoin City that they promised to build, or the mysterious "volcano mining" initiative where they never disclosed how much Bitcoin was actually being mined. It was all part of a larger PR stunt designed to create hype without any substance behind it.
So much of the excitement around El Salvadorâs Bitcoin initiatives has been exaggerated. Whatâs their end goal with all the Bitcoin they hold? Time will tell, but I wouldnât be surprised if they mismanage that too.
El Salvador was never truly a "Bitcoin country"âthat was a narrative spun by the government. The truth is, we should never trust governments, even those that claim to be pro-Bitcoin.
The adoption of Bitcoin will be driven by the free market, not government mandates.
https://mar101xy.com/uploader/images/2024/12/20/el-salvador-was-never-bitcoin-country.webp
#elsalvador
#bitcoin
So now everyone is only forced to accept dollars..
Especially with bitcoins birthday falling on fuck...




