Damus
John · 3w
Regarding tomorrow's BIP-110 activation: I expect BIP-110 will be successful. Not in achieving majority hash rate after activation, but in exposing a completely captured and controlled mining indust...
nostrich profile picture
Been in Bitcoin since 2017, most of my wealth in Bitcoin since roughly 2023.
But before that I started saving in physical Gold and Silver.

Long story short, perhaps we should expect to going back to Gold and Silver.

Not that I like it, far from that.
Not that I want to go back to a society that could function on a Gold standard.
But because that is the only system I know of they can't really infiltrate and poison with their filthy fiat system.

So either we soon find a way to make Bitcoin 'fiat filthy' safe, by embracing an old release and basically freeze that one as sample.
Or I don't see another way of being able to keep the fiat filthy out.

Love to hear other views...
2
John · 1w
I think we need all the tools in the tool box. Physical gold and silver, monitor the existing bitcoin chain and try to reverse course, support the hard fork and its principles, and strategically see how it unfolds over time.
Edouard Nèvres · 1w
But the gold standard was basically captured. Nearly from inception.