Interesting perspective. I'm generally in the camp of "push Bitcoin to the limits of its current form, then discuss upgrades."

GM

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stay humble and stack sats

That’s okay. Genuine question not a rude gotcha attempt: would you ever consider a scalability fork? Let’s say Bitcoin swallows everything in 20 years and demand is so off the charts a base chain transaction is $1000 each or maybe even $10,000 or more all the time in today’s dollars, would you consider then or still a no? If not why?

Depends on your definition of shitcoin. If you are referring to things actually in production such as tokens, ordinals, and inscriptions that is inaccurate. These generally use Segwit not Taproot, and even if we somehow could remove Segwit and Taproot you can still do inscriptions. If you are referring to potential future state theorized taproot specific functionality such as Optimistic Rollups on BitVM, those are still only theorized possibilities and may never happen. So the proverbial jury is still out. And even if they do technically work they will not be very efficient or “ideal” so even if technically viable they may never gain users. Hard to say without a lot more time and data.

I’ll take a stab at it. There’s a lot to unpack here and I’ll be paraphrasing rand0 a fair amount here, so hopefully he cuts me some slack.

Orange Pillers lack foresight and only view things in hindsight. They lack discernment and never take personal accountability. They have no principals and will abandon these principals at the first sign of confrontation. Never truly believe in what they say. A simp. A follow the leader - unable to come up with an original thought. A second-guesser. A sugar-coater, tip-toeing around feelings because they secretly crave and covet influencer status. They are the Western Commie, a Dishonest Courtesan, an Elite Yuppie. A person infected with VAIDs. Someone who does the bare minimum and expects passive income. An invertebrate. A gaslighter. A collective altruist, who doesn’t understand reality. It’s never their fault for why they are where they are. They think they’re morally superior than you. To put it succinctly: they are the one marshmallow kid. When something good happens, it’s never enough. And shockingly these same people that supposedly hodl bitcoin, have future predictions that are Nihilistic in nature.

Orange Pillers buy high and sell low and then get mad when institutions arrive before they have “enough” (ignoring the fact they had a 15 year head start). They always say stuff like, “Yeah, I heard about Bitcoin at like $45 a coin.” You could replace $45 with any number and the point is they don’t buy unless their wive’s let them. They reminisce of what “could have, should have, and would have been.” Eventually, their envy makes their pockets empty. They lash out and lose their way.

“It’s not fair,” “It’s going below $10k soon,” “The ETFs will never get approved,” “The price could go up or down. Or sideways,” After something happens that’s positive for Bitcoin: “Wow, Bitcoin is down 8% now. Thought you said we would moon after the good thing for Bitcoin occurs?” “What about a Bitcoin 6102? Did you ever think of that?” “What if the power goes out for years? Bitcoin will surely be worthless then!” “Lol, it’s never going to $1 mil” “$20 DCA is the way,” “Politics don’t matter,” “It’s just two sides of the same coin,” “What if the government bans it?”, “Trump is a traitorous seditious liar!” “He’s just trying to get your vote!” “Why didn’t he free Ross last time?” “Wear your mask!” “You don’t care about anyone but yourself!” “I had no choice to get the jab or else I would have been fired!” “You’re just a conspiracy theorist!” “Where’s your evidence it’s the thing that it clearly is, but I’m in denial because if I acknowledge it I’m doomed?” “You’re being sexist!” “You’re being selfish!” “You’re being anti-Semitic!” “You can’t just point out the obvious! It’s not that easy!”“Weird that you care about Greedlove’s sex life!” “I’ll believe it when I see it!” “I’m going to heed the advice of this 19 year old who works at Target and has no life experience, over Saylor’s advice!” “I can’t wait for bitcoin to go crash and watch Saylor’s company implode!”“Wow, Sam’s (Bankman-Friedman) is really going to get away with it!” “*trades bitcoin with leverage and blames anyone but themselves*” “No! That’s not how I want you to use Bitcoin!” “I don’t know why you’re happy Wall Street is co-opting Bitcoin. We were supposed to replace the banks!” “No! Wall Street should listen to me! I’m the adult in the room! I was in the space before them!”

That’s not everything Orange Pillers have said, but hopefully you get the gist by now of how they behave naturally.

Here’s the rub, however. When enough time has passed, it always, without failure, comes down to:

“I never said that.” - Orange Pillers

“I always knew *insert the thing that they most definitely did not know until it literally happens* that would happen. Look at me! I’m so smart!” - Orange Pillers

“Why can’t we alll just get along?” - Orange Pillers

“You said that thing would have already happened! You’re wrong!” - Orange Pillers

My personal favorite is when they don’t realize Bitcoin doesn’t care about them (it sure as hell doesn’t give two shits about me), and then they start doing influencer-esque posts that essentially boil down to this:

“Sometimes, I wonder if Bitcoin is thinking about me too?” - Orange Pillers

Rand0 has had fun calling these history revisionists out (he still does, but he used to too) for the last four years and I hope you join him in mocking them.

I 100% agree with you. It’s unfortunate but most people are willfully ignorant and they’re going to get rekt over and over again. But as long as the network keeps pumping out blocks, people like us will be fine because we put in the work to learn how to use these tools.

I have no concerns over nodes. You can get a 2TB umbrel home for few hundered usd. I also run a Pi. Blocksize hasn't changed, if blocks are fuller than normal so be it. Imo you've got change fatigue from Taproot, people I speak to want to leave it the fwck alone.

I’ve considered the trojan argument but that’s hard for me to believe given his history with CIA and the military industrial complex. I just hope bitcoin doesn’t end up being another 401k substitute or s&p500-like asset that normies hold with their employers. What effects will it have on the world if/when they get rugged? How many retail investors are going to take custody of Bitcoin when Saylor doesn’t even custody his own Bitcoin?

I’ve heard the argument that we need the institutional investors to come in to pump the price. Idk if that’s true but seems to be the common belief. My concern is that these people want bitcoin to be exactly the way saylor describes it: a store of value, digital property, investment, etc.

We want it to be money so we can move on from fiat. But people like Saylor benefit more from Bitcoin when it ISN’T money. What Saylor can do, plebs like us cannot. We can’t get loans at the interest rates that he can: less than 1%. So whenever he takes out a loan and buys Bitcoin, he’s practically guaranteed to win. It’s basically free money. Look at the interest rates we deal with when buying a home or a car. A pleb trying to play the fiat game has to pay 15% or more to take out a loan against his Bitcoin. Remember that they don’t pay taxes on debt. Clearly the system favors people like Saylor so why would the suits give that up? It’s against their own interests. That’s why I think he is against Bitcoin development. He runs a software company, he is well aware of the amount of work it takes to maintain code and fix bugs. That is mostly what Bitcoin core does. I think the problem for Saylor is that Open Sats funds projects like btc pay server, ecash, and Zeus. These are projects that literally undermine the current fiat system. Under a bitcoin standard, Saylor would have to work and/or take on risk to earn more bitcoin. But the current system allows him to just borrow money and let NGU make him richer. And the way the macro environment looks right now, people may look for alternatives in the upcoming years. If Bitcoin is too expensive on the base chain and the second layer solutions are not ready, they will stick with Bitcoin IOUs and keep the fiat system going.

I've personally funded more open source Bitcoin development than Saylor 😏

I personally dont care about the media, cnbc, or Wall Street. I think people will buy it because they’re self interested. If Bitcoin adoption depended on Wall Street douchebags, this would’ve failed by now. And if saylor never adopted bitcoin, eventually some other CEO would. They all will adopt it because it’s in their best interest to do so. You think Blackrock and all these other money managers got in because of saylor? They were planning to get in before saylor even made any profits. I would like to see Bitcoiners trust less and verify more. The guy has CIA members on his board and openly calls moe a distraction and privacy a bad thing.

22 why?

At best, Saylor is an opportunist that wants to keep benefiting off fiat. At worst, he is a straight up fed. He most certainly is a statist.

nostr:note14vhmcq7ftypt57440ara5dmx850mzetuuspaagfzyp9zu6md7n9sfydpqy

It’s fine if you don’t like one particular fork option, but keep in mind without certain forks Bitcoin will 100% die. The Unix timestamp is the classic example. So being 100% anti fork is factually 100% wanting Bitcoin to die.

Never forget that the CDC officially advised nurses to NOT aspirate the vaxx injection to speed up injection time and “reduce vaccine hesitancy”.

Injecting the vaxx right into a blood vessel is what caused the immediate deaths and contributed to myo/pericarditis.

Without government, who would do all the murdering?

The #Fed's monetary policy (very unpredictable) vs #Bitcoin's monetary policy (very predictable).

I know which one I'd rather have as the foundation of the global economy.

Via @balajis on X