mleku
· 1w
i first encountered him like 15 years ago. considering that i subsequently got into bitcoin and a lot of people did starting around 2013 that the subject may have come up on his radar did seem reasona...
i guess i'm a little confused by the terms. i thought "ossification" was a good thing, and we got a little too in a hurry to implement more functionality.
so , even lightning could go IMO if it would prevent the spam stuff. Buying coffee is not that important if it meant we have to wait another 100 years for better money. And i thought Saylor controversially also failed to publicly support Lightning which was confusing at the time, but in hindsight was a principled stance. Not that i'm worried about lightning--i've read that it can easily be upgraded as channels close to lightning implementations that still work and respect the "money"characteristic of bitcoin.
and Saylor is literally running a company that benefits from bitcoin being money in the best sense. Yes, i know it's in the corrupt, centralized, chokable old system, but all public companies *must* be in that system. I've given up the idea that there is "tokenized" anything that has bitcoin's permissionless properties.
my engineering gut sense for Saylor is still he's an engineer who would rather see something cool working than destroy it for monetary gain
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throwing my thoughts about Matthew Kratter into the same note bc why not:
i love Matthew because he keeps us plebs buying bitcoin instead of Strategy--as they have a moral imperative to do-- AND he makes it easy for Strategy investors to automatically know the worse possible info ASAP.
He's doing feeding two birds with 1 bread crust. easily the most useful youtube channel in bitcoin space right now.
he recently made the point that STRC is unnecessary for institutional adoption because it makes their risk analysis more complicated and it has 80 % retail adoption anyway.
so what i takeaway from that is that Bitcoiner investors have learned that STRC is the best way to preserve dollar-like money in bitcoin.
I love the fact that I have the option to buy STRC and know that it is really bitcoin NOT dollars.
although i'm a masochist bitcoiner and prefer to convert paychecks into bitcoin immediately. I never even thought about a "200 sma".
if it wasn't for masochistic bitcoiners, the 200 sma wouldn't even go up over time. it only goes up so fast because crazy people are buying the tops forever.