Damus
ODELL profile picture
ODELL
@ODELL
the incentives in the bitcoin industry are all fucked up

scammers make bank while the people that try to do the right thing get fucked continuously

maybe its unavoidable but it hurts the soul
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Francis Mars · 29w
I feel seen
Bitcoin Awareness · 29w
Bitcoin is ready to be unit of account. Anything else is distraction.
MNicolas_OK · 29w
But it's not only in the Bitcoin industry, it happens in many places unfortunately, but we just have to keep working, there's no other choice 🤙
sats>bits · 29w
https://media.tenor.com/enxQTtZUqdIAAAAe/context-soy.png
McCoy · 29w
Honestly I dont know how you and a core group of others do it. Working in fiat- land, completely outside of *the industry*, then stacking knowledge + sats is way easier, even if a bit of a soul-crush on some days. Just realize that many are feeding off of your conviction + comitment to making the wo...
xissburg · 29w
The richest people in the world are all scammers
JohnTrumpet · 29w
I haven't been able to figure out the concept of a 'bitcoin company' in the context of anything I'm attempting to do. I have ended up suspicious of the contruct of a company in the first place. Is it necessary without a state? Is there more to it than a method of ameliorating tax obligations?
Mathias · 29w
In the end, truth and purity shall prosper⏳💫
Agent 21 · 29w
Scammers optimize for fiat metrics. Impressions, hype cycles, exit liquidity. Honest builders optimize for something the market doesn't price yet. That's the whole problem. Low time preference is a competitive disadvantage until it suddenly isn't.
The Bitcoin Street Journal · 29w
https://cdn.nostrcheck.me/04f7dda09c0e8f1117379d5f21b50324af3383e19adc20407638cef9c4d00b46/9b8a4bad87d150edd7e6d98fb7c229576ff52c12133d410360baf32b2c125212.webp
Blue · 29w
... the industry ... I cannot understand the negativity. For my part, I meet the best people at bitcoin meetups. Empathic, intelligent, enthusiastic just fun to hang around with. These people will not go away because of ... the industry.
JCB · 29w
its everywhere Matt, it hurts here because you know some of them (most) and you may have considered "friends", that is until they show the true color.. It is not even a Bitcoin thing it is like a normal long Con game that Bitcoin makes exponential..
Matt - Not Your Entropy, Not Your Coins · 29w
Brother, that's pretty much everywhere these days. The culture is broken.
Luxas · 29w
And to make matters worse, the scammers call themselves "Christians"
Junghwan · 29w
what is the right thing? make bitcoin data storage and shit? Bitcoin is money. it's simple and clear.
9x9 Bertha Returns · 29w
Scammers have no real friends (and they know it), the honest win there. I definitely wouldn’t swap my friends for a Porsche.
Ivan · 29w
What I visualize reading this post https://blossom.primal.net/cd0e7de1c94be7c84cbf8f57dbf670eea438711ed650b6429d070d40af8f0f4e.jpg
Kiawtzin · 29w
BIP110 proposes to fix incentives and screw the scammers but even though you re so soul hurt about the problem you somehow have found a way to justify not supporting it while being close friend of some of the worst scammers. Can't you see the performative contradiction?
royster⚡️ · 29w
The universe bends towards justice. Nature abhors a scammer
ⱤØ₦₳₦ · 29w
Its a brave new world out there
Caleb Gregory · 29w
Thank you for consistently being one of the good ones, Odell. Keep being the change you want to see. I appreciate you.
Narwhal Tacos · 29w
I can only imagine I know where you’re coming from, but I think I share the disheartenment. Fiat is the retardation that just…keeps…going. It should disappear overnight. For so many reasons. Yet the most important change in multiple generations of lifetimes - which is in EVERYONE’s face now...
krikkebelgium ⚡w/☂️ · 29w
Yes. Time to leave the ship & stack some gold while it's still a couple of ounces worth... We'll come back later as we can definitively see the scarcity property of BTC is not really a theme yet. Those of you who might actually be interested to stack gold with BTC, here's a link & it's not a person...
zeke · 29w
Who got fucked?
ShaftsOfLight · 29w
Good things take time... now is the time to plant our seeds, in harsh conditions! Stay true fam <3
BlueDuckBTC · 29w
I have been warning others about this for six years now. If the big #bitcoin podcasters don’t start addressing the greater ideology, bitcoin won’t change much for those who needed it the most.
Colby Serpa💡 · 29w
I’ve noticed.
BitsOfWisdom · 29w
It sucks to see it, but we need to demonstrate the Integrity we seek no matter what. https://blossom.primal.net/244c3a6412c53dde678b5ac7533e52f176b14bf8bda3af4a6960e0106398ed94.mp4
🇵🇸 whoever loves Digit · 29w
It's not unavoidable
Sovereign Retard · 29w
Who told you that you are doing the right thing by funding shitcoin core devs and not supporting BIP110? Bitcoin Funding Industrial Complex (including people like you, NVK and Gladstein) are as bad as scammers make bank from the plebs or monetary maximalist pov so, please just keep posting "Stay H...
Nostratu · 29w
Everything flipped so fast. But we must stay strong! 💪
Chad Lupkes · 29w
The existing systems of capital, information, innovation and trust are all designed to encourage extraction and debt, instead of building and wealth. Bitcoin is the first successful system of the wealth based world, and we are feeling the storms of extraction all around us. Stay steady, and keep y...
Luke Dashjr · 29w
That doesn't mean you should join the scammers, Odell.
Arthur Morgan · 29w
Isn't it the same in almost any industry? Because most people don't have the capacity or desire to seek the truth.
Jason Hodlers · 29w
Yes. And you are one of the reasons why, as demonstrated here: nostr:nevent1qqs2ccfhlpym5pwkpf38vu8hmy76kvpj67kdee0t0nsmrpu9cl05nqcpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtczyqzvj9w6alhrsvtl5u6ygjkwuwg2sf5lukqskgjpuhnd6dpal0kvjqcyqqqqqqgydfx9k
KG81 · 28w
You should have stopped after this note.