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Mikey
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Bitcoin Purist. ₿ Class of 2017. Run a node. Always learning thanks to #Bitcoin.

You can fool some people some of the time but you can’t fool all the people all the time

It’s become a toxic Twitter wasteland. Nostr feels much better

Bitcoin Twitter is just so bad now. It’s become more and more intolerable by the minute.

Good morning - so what’s today’s Bitcoin narrative?

Not yet but on my list. Right now I’m trying to chug through Soft War

This is the toughest hurdle for me when trying to orange pill fiat junkies. How do we clearly explain/wrap our minds around a circular economy built on a deflationary currency? I can think of some of the positives (in theory). Does anyone know a good book to read on this?

Replying to Avatar Lyn Alden

Too many people have given Elon a pass. Don't give him a pass.

He's a marketer, not a founder or an engineer. He didn't found PayPal or Tesla; he bought into them early. He's good at selling narratives and equity valuation for perpetually unprofitable companies.

Everything for him is a narrative. His green revolution was a narrative to sell more cars and get more subsidies. His bitcoin purchase was to gain appeal among bitcoin/crypto people in a bull market. And he shilled doge like a dumbass. His SpaceX narrative is to get money from the government.

His rooftop solar thing was an outright scam; the technology isn't ready and went nowhere because of that. His full-self-driving-in-an-intermediate-term timeline was a scam, and is going nowhere because of that. He makes scams to draw people and capital in, because for him it's all about narratives and equity valuation.

And then he dug unproductive holes, suggested unproductive hyper-tubes, built meme flamethrowers, for what? It's a narrative, not a business. None of this is real productive shit to make peoples' lives better.

His latest "we need free speech" narrative was a scam too. He tapped into something real, which is what marketers do and why it kind of worked. Yes, we need free speech. Yes, Twitter had censorship issues. He saw that and jumped on it maliciously rather than productively.

But what did he replace it with? He replaced it with arbitrary journalist censorship about his private jet, arbitrary censorship of Substack, selective Twitter Files release, won't talk seriously about any of his China connections because Xi Jinping fucking owns him economically there like Jack Ma, has his balls firmly in his grasp, etc.

Elon's playing the narrative, the anti-woke meme of the day. He's a master meme-momentum-player. Don't fall for it.

When Lyn starts cursing you better listen.

Very sorry to hear this awful news @jack

Binance was the biggest elephant in the room

As of 3/27/23, Mikey has purchased an additional .00529887 Bitcoins for $150 at an aggregate price of $27,739.90 below his average price.

Love The National!