We can divide Bitcoin influencers into two groups:

1.) Group 1: people, who try to estimate how Bitcoin is going to react to ongoing or upcoming events, such as Fed rate cuts/hikes, elections, wars, etc.;

2.) Group 2: people, who try their best to ignore everything outside of Bitcoin.

My observation is that people tend to move from Group 1 to Group 2 but almost nobody moves from Group 2 back to Group 1. And that’s good.

#bitcoin #btc

All credible #Bitcoin influencers have jumped off the Michael Saylor bandwagon. #Saylor never was a Bitcoiner, but some were just too dumb or naive to see it while others were so opportunistic that they wanted to ride the wave. @Matthew Kratter 's new video is fantastic https://youtu.be/NyWQuAImEI4?si=WN4HFMC45YNOLJ4D

Satoshi Nakamoto knew how the fiat system would try to distort what #Bitcoin is. That is why it’s great that Satoshi started the white paper with the following words:

“A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.”

When Peter Thiel said in a Bitcoin conference that #Ethereum is not the competitor, because Ethereum is for payments… Or when Michael Saylor went ballistic when people started to talk about self-custody…

Well, we can tell them all that “do not deviate from the white paper”. Sats must flow.

#BTC

Please quit voting. #democracy #massie #thomasmassie

The choice of words shapes our reality:

“Separation of money and state.” ➡️ “Separation of money and banks.” Separation of money and state is not clear enough. People don’t understand that the regulated custodians need to follow the laws of the country.

“Self-custody” ➡️ “permissionless”. Highlights the positive instead of the “negative” (responsibility).

“Digital credit” ➡️ “digital usury”. More accurate.

“Stablecoins” & “CBDCs” ➡️ “surveillance coins”. More descriptive.

“Gains against USD" ➡️ “USD losses against”. More descriptive.

“Exposure to Bitcoin" ➡️ “Exposure to your local fiat currency”. More accurate. You cannot have exposure to Bitcoin. You have Bitcoin, or you don’t have Bitcoin. Bitcoin treasury companies give exposure to your local fiat currency.

#bitcoin #btc #digitalcredit #USDT #USDC #cbdc #digitalid #money #banks #freedom #privacy #saylor #Strategy