Sovereign Matt's avatar
Sovereign Matt
sovrynmatt@nostrplebs.com
npub1fl7p...eknp
I believe we need a monetary revolution. http://wtfhappenedin1971.com
Good thing bitcoin is โ€œapoliticalโ€ right? ๐Ÿ˜‰ There is no politics in bitcoin ๐Ÿ˜‚
Cypherpunks manifesto is a must read Worth reading again and again especially during these Twitter battles going on over ordinals bs.
The bitcoin spot ETF does concern me. Itโ€™s like a catch22. it shows Bitcoin has real demand from millions of investors and brings in huge flood of capital flowing into Bitcoin market. However, it makes it easier for big banks/Wall Street/regulated three letter agencies to control/manipulate the bitcoin market as more BTC supply is tied up in ETFs and pension funds. If Bitcoin L1 becomes too expensive to use for the vast majority of BTC users and there is no scalable self custody L2s then we are forced to use custodial wallets if we are to use bitcoin at all. Sorry for being a doomer today. I still think the ETF can significantly boost the price of bitcoin but at what cost to our freedom and sovereignty over our btc? View quoted note โ†’
I think Monero being delisted by every major centralised exchange actually shows it has real economic value. You only censor what you are afraid of. I hope Bitcoin gets really good privacy tech one day so it gets delisted from exchanges.
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