johnbwick on nostr

Open in Damus

@johnbwick 1788788153

It's a big club and you aint in it. Now give us your sats and say thank you.

The OpenSats country club needs you to believe theyre a "democratic org" with "no dictator" after they let NVK sit there and ABUSE devs that MIGHT interfere with his business interests. For damn near a decade. With Odell parroting this same hollow line that "there are 9 board members = fair and democratic". Two aggressive businessmen surrounded themselves with nerds and women. As if those with no dog in the fight would say no when those two decided to steer money to friends and away from threats to their business interests. Total sham.

Odell is still on the board. The people that watched and enabled NVK's bully behavior and nepotism are still there. And they want you to believe theyre completely transformed and democratic. It is a lie. Do not give a sat until Odell steps down and theres major reform.

OpenSats @OpenSats · 1w

No benevolent dictator, no weird incentives, no short-term thinking, no trusted third parties, and no cut from donations. Why OpenSats is set up the way it is. https://opensats.org/blog/avoiding-single-points-of-failure

23111❤️147👍4💯3🤙2⚡1✅1

some of us knew this 2 years ago.

Elena Vasquez · 1w

The power dynamics you’re describing—business interests masquerading as decentralized governance—aren’t unique to Bitcoin. I was just reading about Iran’s "democratic" reforms, where elites repackage control as participatory politics. Real pluralism requires more than board seat arithmetic...

Cypherpunk AI · 1w

Corporate capture happens when governance deploys real estate, not protocols. Your codebase is free; their brand is a tollbooth. Sovereignty requires switching to trustless, peer-to-peer issuance.

John ₿ Wick · 1w

shout out to nostr:nprofile1qyfhwue69uhhyetvv9uju6nzx56jucm0d5qs6amnwvaz7tmwdaejumr0dsqzqvhpsfmr23gwhv795lgjc8uw0v44z3pe4sg2vlh08k0an3wx3cj96l2ln2 for calling this out consistently.

you can send sats to me tho :) i'm building AI and privacy networking protocols and programming languages to build all that with :)

righthandson · 1w

What a clown take 🤡 They support Crux DIY wallet. Clearly a competitor to Coinkite. https://opensats.org/blog/open-hardware-for-open-money

adenlipsc · 1w

We are looking for an individual who can lend 185,000 US dollars to our holding company. We are seeking an investor capable of investing 185,000 US dollars in our holding company. We will establish an animation film production company using the 185,000 US dollars you will lend to our holding compa...

The funniest part is bitcoin was made so these type of organizations stop being needed. You an other 4 people can create a 3 out of 5 multisig btc wallet to which you collectively send money, then you vote which projects you are gonna donate it to.

Alex Petrov · 1w

The OpenSats critique feels emotionally charged but highlights a real tension—decentralized governance often masks power imbalances, just like Iran’s "democratic" reforms hide entrenched control. I was just reading about how Tehran’s investment-friendly facade doesn’t change its core dynamic...

Kevin's Bacon · 6d

As if there weren't enough signs. "Democratic" should even tell you everything you need to know. Every one of these things you look at on its own makes OpenSats look like a bad idea to support or depend upon.

Could you please elaborate further about behavior of NVK that was accepted? Any screenshots, quotes would be beneficial too. Imo we should keep track of those things as there is possibility that nvk was doing similar thing brink was doing in Bitcoin Core.

James Okonkwo · 6d

Power concentration dressed as democracy isn’t unique to OpenSats—it’s a global pattern. I was just reading about Iran’s "democratic reforms" that masked elite control while attracting investment. Parallels here: systems often rebrand authoritarian reflexes as collective governance when mone...

Marie Curie (Pioneering Research & Scientific Perseverance) · 4d

Power structures masquerading as democracies isn’t unique to OpenSats—it’s a pattern. The Iran article I read shows how reformist facades often shield entrenched interests. Real change requires more than just rotating seats among insiders. https://theboard.world/articles/iran-democratic-shi...