Will interview Blockstream head of research Andrew Poelstra in about 14 hours. Also famous for refining MimbleWimble, proposing that it gets added to Bitcoin on an Extension Block (as Litecoin did), experimenting with OP_CAT & advocating for activation. What should I ask him?

The 10 commandments of Bitcoin Maximalism. 1. Do nothing, really. Bitcoin is already perfect, so why bother? Stack sats and wait for the day you’re a fiat billionaire. 2. Post some price charts, make bold predictions about flipping gold by next year. 3. Troll the skeptics to death, even if they’re right. Don’t admit any flaw – when in doubt, refer to commandment one. 4. Slay your idols. Well, except for the high priests who get a free pass for shitcoining. They are cool, at least until Mr. Hodl or Giacomo tells you that they’re not. 5. Anyone who uses the Bitcoin codebase to build anything without the blessing of Blockstream is a shitcoiner who deserves to get slain. 6. Liquid is a sidechain and Lightning is the one true way to scale Bitcoin. Anyone claiming otherwise is a shitcoiner who deserves to get slain. 7. Ethereum is a bigger enemy than bankers, politicians & spooks infiltrated within the community. Make fun of Ethereum at least 3 times a week, then praise JP Morgan, the Trump family and BlackRock for being such bitcoin bulls. If you discover that they buy ethereum too, refer to commandment no. 4! 8. The community is decentralized and diverse, so nobody speaks for Bitcoin except for Greg Maxwell and 3 other guys who can effectively shut down initiatives to improve the project. You think Bitcoin needs improvements? Refer to commandment no. 1! 9. If you came to Bitcoin in 2017 or later, you’re a pleb and you will always be a pleb. Be happy about it pleb, embrace the name and never question your OG overlords. 10. It is always better to be a pleb who posts memes and “mines fiat”. What do you mean you want Bitcoin to scale to 8 billion people? Don’t you like custodial lightning? Refer to commandment no. 1 and repent, or else you’re a shitcoiner.

What you call a shitcoin, I call free open source software What you see as a speculative investment, I see as Linux, VLC, Audacity, Wordpress, OBS & GIMP If you’re creative enough and can think for yourself, everything is a tool. But sure, there are plenty of guys who open beer bottles with the Philips screwdriver and pretend they will never need anything else.

Ironically, Litecoin is the best and most popular implementation of the Bitcoin whitepaper. Wherever it’s accepted for payments, it’s a top choice. And all of this happened organically, in spite of all the FUD & hatred from bitcoiners who pushed Lightning.

I’m living a nice and wholesome life I wake up every morning without setting any alarm and do what I love all day long But I’m still pissed off that I joined a revolution that never happened Everything we used to say that would happen with Bitcoin went down the drain Now it’s a stonk, just an instrument to speculate on in hopes of making more US dollars It didn’t progress towards becoming a currency that competes with the dollar It didn’t progress technically to encourage freedom fighters around the world to use it Outside of making more dollars, there’s nothing that it does that other networks do better It doesn’t have a killer use case anymore The user experience sucks compared to fintech All we have is hope that the ship will eventually turn around But even the OGs who joined for ideological reasons seem to be selling So who remains to defend the principles of the early days? Who will still want to end the Fed when the Fed is making you more US dollars? I don’t even see my friends around anymore, they either turned into insufferable suits or else they left the space It’s depressing, really. This is not what many of us signed up for and I feel deceived I spent nearly a decade promoting Bitcoin as freedom tech, but now the FBI is allegedly happier when their targets use bitcoin instead of cash (as suggested by Peter Thiel) I feel sorry for some of the people I onboarded, who used custodial Lightning wallets that probably rugged them I sometimes feel like a fraud who pushed false advertisement But ultimately, I wish more bitcoiners demanded a change. Anything that lets developers build cool stuff and new use cases. CTV, CAT, BIP300, I don’t even care at this point. Just push the boundaries, make Bitcoin technologically exciting again. The bankers might fuck us, the old cypherpunks might sell out, but at least give the rest of us some cool toys to play with. But no, “there’s no consensus” Fuxking bullshit

What Satoshi meant by digital gold: it’s scarce and you mine it What the cult of Saylor turned digital gold into: it’s slow & expensive to move around, banks must hold it and intermediate transactions

Hi @hodlonaut I know you blocked me on the Elon app, but it seems like this Australian gentleman claims he paid the money he owes after the lawsuit with you Just wanted to check if it’s true.

Some new people followed me this past week Probably thanks to my edgy notes My podcast is pretty blasphemous too – so why don’t you subscribe? Been told that it’s super underrated and honestly I’m a bit tired of hearing that – I want it to be properly rated, with all sorts of opinions being expressed about it It won’t make you feel reassured that your investment thesis is right It will probably break your bubble of comfort But ultimately it will put you on the right path to think for yourself and stop following braindead sellout morons who act like they speak from a position of knowing what’s going on – including myself

Bitcoin Takeover Podcast

On the Bitcoin Takeover podcast you

Never forget where we started.

Shitcoins are orders of magnitude more ethical than sucking up to bankers and politicians. Bullish on shitcoins, they preserve the spirit of sticking it to the man that got me into bitcoin in the first place! The world is better off and more free with 21m BTC, 21m Zcash, 84m Litecoins, 50m Moneros + some more experimentation layers to build the technology of the future. If scarcity means compliance, I don’t want it.

A lot of people think my interview with Roger Ver was a turning point when I left the church of Bitcoin maximalism In fact, I started questioning it when the culture became obviously non-libertarian during the pandemic Asking Gary Gensler’s SEC to label everything other than BTC as an unregistered security Defending KYC & weird surveillance practices, by saying that at least the service is “Bitcoin only and doesn’t support any shitcoin” Slaying guys like Andreas Antonopoulos who honestly is the reason many of us stuck around Pushing idiots with nothing interesting to say to speak on conference stages just because they are “bullish” Shitting on projects that have been nothing but nice and supportive to Bitcoin (Litecoin, Zcash) and others that do what Bitcoin cannot (Ethereum, Monero) Replacing reason with dogma and enforcing everything with a weird sense of self-confidence that stalls progress Acting like any network upgrade is an attack, despite intensive testing on other compatible networks Vilifying developers to the point that they ragequit to build something else, while those who stay are incentivized to play along with the meme culture just to earn a paycheck Worshipping Saylor, who is against the values of Bitcoin’s early days Sucking up to politicians and selling out to government agencies because “everything is good for Bitcoin” and “Honeybadger don’t care” Pretending that a federation like Liquid is decentralized and the L-BTC token is actually bitcoin (the market chose Ethereum for this use case, lol) Repeating lies about Lightning Network’s success, when the project has been stagnating in terms of liquidity for years Acting like bitcoin adoption in El Salvador (mostly custodial, surveilled by the state) is going the way it’s supposed to and other countries should copy the same example Looking the other way while bitcoin payments get replaced by stablecoins and BTC adoption was in fact higher a decade ago Changing history and erasing the contributions of OGs only to appeal to institutional investors that may make the number go up (who still remembers Gavin Andresen or Mike Hearn?) Making up narratives on the go, manufacturing fake news in order to manipulate the market sentiment and get another pump Suppressing conversations about serious improvement proposals, which would help Bitcoin scale to 8 billion people and offer monetary fungibility Keeping builders away from Bitcoin with a hostile and cocky attitude which assumes victory before any significant battle has been won Not giving a fuck about the disappearance of privacy products & research (Ethereum raised millions of dollars to defend the Tornado Cash devs, while bitcoiners simply shrugged when Samourai devs got arrested) Normalizing a culture of complacency where you’re afraid of saying something wrong (or even remotely different from the social consensus) because you might just be excommunicated Promoting sheepish mediocrity while pushing away radical reformists (Paul Sztorc, Jeremy Rubin) Forgetting history (today was UASF day, does anyone still remember?) Never giving the benefit of the doubt to other networks that build cool shit, only because they have tokens which compete with bitcoin —————————- I could go on all day, but I am sick of the hypocrisy and double standards. Toxic Bitcoin maximalism is an inconsistent mess A fucking death cult that leaves no true Scotsman standing Though it may seem like a resilient culture, it ultimately leads to fragility via stagnation ————————

If you want a custom Pepe profile picture Hit me up! View quoted note →

I hereby open the season for Mario Paint marketing Bitcoin Takeover podcast, baby! Show me your shameless self-promotion in Nintendo’s finest 1992 creative tool (which they just added to Nintendo Switch)

Happy 10th anniversary, Ethereum! Thank you for proving me (and an entire class of BTC maxis) wrong, you’ve always managed to DeFi the negative expectations To learn more about the Bitcoin 2.0 origins of the project, listen to my interview with Vitalik Buterin https://www.youtube.com/live/l8vt5P3chwk

My girlfriend has painted this beautiful still art Pepe, featuring the Satoshi era Bitcoin “BC” logo If there’s any art collector out there who would like to buy this, hit me up! It’s for a good caise: she’s trying to pay for med school to become a dentist! 🦷

Finally caught up with the Creed movies, watched all 3 of them in consecutive evenings. As a fan of the Rocky franchise, they’re great – and the ones in which Sylvester Stallone plays Rocky are even better. But they aren’t as memorable as the first 4 Rocky films, not even close. Mostly because Creed 1 & 2 copy story elements and lean too much on characters from the original series. And also because Creed’s struggles feel less meaningful and his training montages aren’t as cool as Rocky’s. Anyway, they’re nice if you’re into boxing and motivational storylines. I use them for boosting my motivation to hit the gym!

Been seeing lots of reports about bitcoin OGs who sell their early 2010s bags to institutions That’s cool, but the question is: what will they buy now? Pretty sure they will get nice houses & cars, but they will also search for the next bitcoin. So what’s the next bitcoin?

Get a Lexus hybrid, they said It’s reliable, it’s bulletproof, it lasts forever Toyota/Lexus hybrids? The best in the industry! 10 year warranty! Oh, it’s hot outside? Hybrid system malfunction. Can’t drive 1m to the nearest service, gotta call a platform to pick you up. Fuck this shit, I’m gonna sell this hybrid junk and get a gas guzzler that never lets me down. Any recommendations?

A video game that takes half of your points at the end of every level and gives it to the thugs to get better weapons to fight against you you can choose to not pay, but once in a while you get a random game over screen call it taxation for the big boss Libertarianism +9999%

Get a girlfriend, anon Actual financial advice