Damus
John profile picture
John
@its_Johnny
You have to realize the Bitcoin Conference is a giant networking game to "have a seat at the table". I've attended it twice, had a great time, but realized what it is quickly. That being said, to my friends that are attending especially for work or even pleasure, please have fun, but raise your awareness and speak out when you can.

At best, this event is entertainment and incredible connections with brilliant humans. And worst is what it's become, a big shiny platform for the elite class of politicians, bankers, and regulators, Bitcoin was made to rescue us from.

While champions of Bitcoin and freedom are sent to PRISON for contributing to privacy by writing code, a fed that wants to ensure no one else tries that again is speaking at the main stage, you can't make this stuff up.

The centralization of one big bitcoin club creates a culture of mainstream, and that's exactly how you get a controlled narrative pushed by the wrong people. This is the evolution of a big industry (Big Bitcoin?) that once was as punk and grassroots as can be. And now it's become a machine to influence where capital and attention gets directed.

And it's directed at things that make that big club money, not improving Bitcoin's attributes to empower humanity.

Bitcoin's social layer is proving to be our biggest weakness. Because up top, these big networks always have a self-reinforcing pressure that makes going against the grain extremely risky. It's the same evolutionary mindset of going against your tribe, the risk of being outcasted then dying off is high. Your favorite and biggest figures in Bitcoin know very well that their sponsors, conference invites, guest appearances, and investments all depend on this. None of them will callout and boycott David Bailey and the conference for what it is because of this.

But it's simple. Anything anybody does that does not improve Bitcoin's decentralization, privacy, security, self-custody, and grassroots community - eventually becomes a grifter in the space to make money.

Remember that Bitcoin doesn't have central servers, so reject them at the social layer like your node would in the protocol layer. We should never idolize and let the big stages get this influential. Direct your energy more to meetups, regional conferences, and projects you can see benefiting your life as a Bitcoiner.
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Globe99 · 1w
I can't wait for Bitcoin to become the threat to the Nation State it was always intended to be...
Sourcenode · 1w
Wow, incredibly similar post. We are paying attention 🤙
Meyer · 1w
Spot on 🎯
Toby McMann · 1w
Bitcoin is a social experiment. The conference reflects a certain element of the same. Unfortunately, not always a great element. But we should remember that we are blessed.
travis · 1w
AMEN
Mark Sea · 1w
Human nature was always bitcoin’s biggest threat
Kyma Fi · 1w
No more “stages”. This is a huge attack vector. We have podcasts which are a much more effective decentralized format. Stages and massive speeches are a fiat tactic based on a false sense of authority. Besides - They just had literal feds propagandizing Bitcoiners on their own stage. This is p...
Kevin Alfred Strom · 1w
The best thing about the conference is that failed company "Nakamoto"'s logo in giant letters at the upper right. Tells us what this is all about.
MayDood · 1w
https://media.tenor.com/7phlQlKjmgEAAAAC/we-aren%27t-in-it-politicians.gif
Red · 1w
I love my monthly local meetup. Always come away feeling super positive 🔥
BBG · 1w
Well said 👏
halima · 1w
Well spoken. David Bailey?
marrukin · 5d
I wonder if the money spent on those conferences wouldn't be better spent trying to increase awareness of normies about why/how the fiat system sucks and why/how bitcoin is a better alternative. This would increase bitcoin adoption which I guess is the main goal For example, what if the money was s...