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@NVK 1729474073

The problem that saylor & maddireidy missed here is not 6102, he is correct on that. The issue is large holder choosing which fork to follow. Say Coinbase held 25% of the supply & decided to follow 20Gb/block fork, that would pose a huge problem. Could make MSTR go to zero in a way the tradfi shorter or Gov capture never could. 😬

The Daniel 🖖 @daniel · 69w

“Hello? Bitcoin tech support? My Saylorbot is malfunctioning.” https://video.nostr.build/8665cd7a39ce3f5d1ee28cfa801d61fc7085328acc0071458931060c0ebec1f2.mp4

523❤️34🤙7👀3❤️2💯2♥️1

So, they only failed in 2017 because they didn’t have 25% of the supply? Idk about that The company itself doesn’t own much if any bitcoin on the balance sheet. I don’t see the incentive either, they do pretty well with their current business model operating a shitcoin casino

Are you sure you’re not just trying to sell me a hardware wallet?

Zach⚡️ · 69w

I don't think that's an issue. Miners would have to follow as well. Coinbase could go fork themselves all they want but even with large custodial holdings they wouldn't have the mind share necessary to make others follow. To me, people are just upset because he talked rudely about crypto anarchists...

utxo the webmaster 🧑‍💻 · 69w

If Bitcoin forks like this we'll all get so rich dumping those shitcoins to the suits

CitizenPleb · 69w

Blackrock, Fidelity, Coinbase, Microstrategy, etc… these are all the same heads of a corporate hydra.

twentyone · 69w

First thing I thought when he made the disagreeable comments about hardware wallets was what’s his incentive? Oh yeah didn’t he talk about a long term goal of becoming a bitcoin bank? Makes sense. My second thought was thank god for NVK and the Coldcard

Cole Tenold · 69w

https://image.nostr.build/a9f8a5b90fc03d6160e383c64df334601a7d6a6e1688e5133a47fe3e81fadca6.jpg

Trainer Dan · 69w

I was never on the Saylor wagon but lately, after his appearance on The Bitcoin Standard, and now this…

I love when nvk post controversial takes likes this it’s good for the community

Toxic Bitcoiner · 69w

He isn’t correct on 6102. They brought in the gold under threat of $10k fine or/and 10 years in prison.

BITCOINALLCAPS 🐦 🐦 🐦 · 69w

Those greedy hardware wallet salesman!

Financial Parasites · 69w

Replace Coinbase with US government. It’s them holding 2M #bitcoin

He isn't correct about 6102 because the banks already controlled the gold when they moved to Fiat. I'm sure some people involved in the Gold Trade got screwed, but essentially the same group of elite stayed in power. You're talking about displacing that elite with a new technology and you don't th...

TheObserver · 69w

Neither blackrock nor the miners decide the fork. The nodes do and I don’t see node runners going against their best interests…

MadventuRoss · 69w

Just use his bitcoin bank like good little lemmings 🤣

Monero fixes this 😂

Why are large holders making decisions about a fork? Nodes and miners typically make these decisions together. For example, if a company holds 50% of all Bitcoin, but doesn’t transfer them on the mainchain. Miners would have no incentive to support that chain, or follow the company’s opinion/ide...

Agree. The question is, do we have enough real bitcoiners in those companies once that gonna happen.