Damus
Kyle Huber · 2w
Bitcoin was supposed to set us free—but has it been captured by the very system it was designed to escape? We Are Satoshi podcast with nostr:nprofile1qqsxnpmae3tg6ct08yuhxvegqpdtuetvcx7y88q63plt8ha...
Woody profile picture
WAKE UP! The market hasn't priced this premium yet because most people still treat exchange price as "the price." But exchange price is the price of surveillance coins. The real economy—the one Satoshi designed in the whitepaper's title ("Peer-to-Peer Electronic Cash") hasn't fully emerged.

The mental prison is believing Coinbase's price ticker represents Bitcoin's value. It represents the captured subset's value. The moment enough people understand that clean, P2P coins are worth more than frozen exchange IOUs, the premium appears. That's not capture. That's the protocol working exactly as designed and punishing those who custody with trusted third parties.

Satoshi's famous line from the genesis block wasn't decoration.
11❤️3
PilgrimB · 1w
I like this take.