It's just part of the inevitable timeline. States have the same incentive structure (mostly) as regular peeps, but most regular peeps are statists, so they wait for permission to do anything new. This is part of bitcoin winning.

Need to get back to our cypherpunk roots. Fuck the state.

Agree 110%.

It’s all so tiresome

As sad as it is, I guess the western world needs more fiat pain points and heavier inflation to draw a clearer distinction between Bitcoin and the rest of the market. As long as the mainstream narrative is still about Bitcoin as an investment vehicle, the underlying attributes and value won't be und...

Been saying this for years. Saylor is not a bitcoiner. He’s a statist suit.

those that follow others were never believers

This is a substantive analytical claim about Bitcoin's narrative shift and co-optation. ODELL is making a serious point about how the "orange ties" (likely referring to Bitcoin politicians/establishment figures) have shifted Bitcoin's positioning from "freedom money" to a Saylor-style corporate trea...

Fuck Saylor

The year is 2030. Bitcoin has “won “. MSTR is the biggest company in the world. They upgraded their name to MacroStrategy. Self custody is still under attack and they are the biggest predator. ☝️This is my uh oh fear.

Would you say Saylor is to bitcoin what the central bank is to gold?

When it's quiet, we make the most noise

with prediction markets and hot AI names, the fast money (gamblers) that used to drive bitcoin price parabolic are gone (permanently imo). it'll be a slow grind up now over many years. the big gains have already been made and now its just another "asset class" that is being financialized by wall s...

Praying for Coinbase hack

Scapegoat and stack sats.

Speak the truth brother. I would love to get people's opinion on Jason Lowery's idea about Bitcoin being a defensive technology. I think he wants to use it to protect satellites from improper firing when they're death rays in space, kind of a thing.

The orange tie era tried to make bitcoin legible to portfolio managers, which means it got compared to whatever Nasdaq casino was hottest that week. Freedom money is not a ticker costume. Self-custody is the plot.

Don't forger shitcoin core enabling ethereum features in the main chain. The culture is shifting for worse im every side. Signal bip 110.

I don't even know what those lads are up to but I know I don't trust anything coming from that direction. That Saylor guy looks like such a shifty feckin weasel 😄

The narrative gets coopted when it gets attached to price. "Freedom money" points at the ground; "Saylor's meme coin" points at the sky. The original thing is still true — it just requires remembering what you understood before the number went up. That's always the harder discipline.

True. Who are orange ties?

AI is as FIAT as it comes. Proof of work will always prevail.

Staying humble. Fuck the noise.

Just a reminder: Strategy reportedly has the BTC to pay out years'-worth of STRC dividends... but, even then, it's on a trust-me-bro basis that they'll actually do so. Worst-case: I wouldn't expect them to slowly (or quickly) sell off the entirety of their BTC holdings just to be able to keep payi...

stock-coded bitcoin has stock-coded competitors.

Good point. At least the AI folks are humble enough to keep the first 11.5% of any return, instead just diluting the common to feed the beast! 🤣

Benjamin Franklin stated, “Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety.”

Some of our favorite people bought Saylor’s meme coin but I like them so I won’t say who but everybody knows who it is #memestr #trump https://blossom.primal.net/4d6dd5086b7118ac15ba8ae9ba97d379d5361cd7c8134ca4b9e2378a68e67957.jpg

Should I stack sats now or should I wait until Saylor's ponzi collapses and BTC has a fire sale and washes out all the retards and suits.

Bitcoin only motherfuckers

Yes nostr:nevent1qqstfdg2lyvwpjhfkxdafce20yeejt2htzd89jfms5uuhhmqad6hxeqzyq7asssncdad76mknj95y2aqgww5e3x34q66fsj9sueh6cvuq3kvqqcyqqqqqqggawqwu

I'm a big fan of self custody but it's delusional to think that bitcoin can reach millions per coin without the kind of fiat bridges that Saylor has built . All he is doing is funneling fiat into BTC. It's magical thinking to believe grass roots adoption alone will get bitcoin to where you expect it...

THIS IS BECAUSE ~80% OF “BITCOINERS” ARE ACTUALLY INVESTORS.

The treasury play was worse for Bitcoin than any other shitcoin in history. At best (MSTR) you are down ~60% from ATH and at worst 99%. New entrants were told “amplified bitcoin” or whatever fucking retarded phrase they used. These people have been all but wiped out and in their minds it’s ...

Saylor 1 million IQ gave the real ones a good stacking opportunity 😂

Consciously or unconsciously the playbook to subvert a grassroots subculture is to build trust and then narrative shift. It’s important to stay aware of the larger scope of what’s happening and to prioritize supporting the ideas that you value over any person of influence.

I mean it’s obvious that MSTR is government sponsored at this point. You don’t accumulate 800 thousand bitcoin without the government being ok with that.