2015: BIP 101 2025: BIP 110 History really rhymes.

It sounds like you are a maximalist. If you are a maximalist, you are a shitcoiner. If you are a shitcoiner, your opinion on Bitcoin is much more interesting because you’ve escaped Plato’s cave and now you learned about exotic tech that Bitcoin may adopt.

How to be respected in the Bitcoin community: build nothing, contribute with nothing but memes and bullish price predictions How to be hated in the Bitcoin community: experiment with new tech outside of Bitcoin or propose some improvement without Blockstream’s blessing 🙃

You know what’s a shitcoin? Your fiat money: ⛏️ one miner, no proof of work 📉 only loses value over the years 💰 monetary policy changes all the time 👮🏻‍♂️ users are violently corrced to use the currency 🏦 nodes need a license to operate, still can’t verify the supply ☢️ funds neverending wars, genocide & mass surveillance against everyone 🫥 has absolutely no privacy unless you use as cash, which they are actively trying to eliminate

Shoutout to the Bitcoin podcasters who shilled treasury company shares that are now 99% down 🫡

Hal Finney was a “shitcoiner” too Here he is advocating for BitDNS (Namecoin) to get built on a separate blockchain and directly suggesting that you can buy the “shitcoin” with bitcoins Your religious cult sucks.

BitDNS and Generalizing Bitcoin

BitDNS and Generalizing Bitcoin

Man, there’s so much cool stuff that’s being built on Bitcoin and for Bitcoin It’s a shame that we somehow nurtured a culture where BTC is only for HODLing Because we are living in the golden era of Bitcoin research & development The P2P electronic cash dream is still alive!

Man, I was so right Most accurate bitcoin price model ever Just a line that I drew on a chart 🥲

Paralelni Polis is dead horrible news for bitcoin adoption in Europe This was the first cafe to accept bitcoin payments in 2014 Had a coworking space where you could meet hackers & anarchists Hosted hundreds of conferences & community meetups Nurtured open source startups Displayed the works of underground artists Sold overpriced drinks and food that everyone gladly bought to support the movement Even mobilized the community during the pandemic to have a huge remote conference with dozens of volunteering hosts and guests If you were a bitcoiner who came to visit Prague, Paralelni Polis would let you sleep in their dorm for free. If no dorm was available, they had couches too Now it’s dead. Much like bitcoin adoption in Europe. In the beginning, they would force all cafe customers to buy bitcoin to pay for the drinks. There was a Bitcoin ATM at the entrance, but the employees would usually offer to trade bitcoin for cash in person to avoid the 10% fee. In recent years, Paralelni Polis rebranded as Second Culture. Started accepting credit cards for payment, cut down on the number of events, faced an identity crisis that ultimately led to its demise. Even some OGs who basically built the place didn’t want to visit anymore. Call it local drama and politics, but it was bad for everybody involved. The worst of outcomes happened and bitcoin culture is now crippled. I feel sorry for the newcomers who will never experience the joy of walking into this place to experience a true bitcoin economy. Heavily ideological, but somehow functional. Now Paralelni Polis and its incumbent Institute of Cryptoanarchy are dead. What remains inside is an unplugged ATM and the Monero logo on the door – a hint that the dream of peer to peer electronic cash has moved elsewhere. Now we never spend, shake hands with bankers and deny the existence of a second best while technically losing by every significant metric. Good night, sweet prince!

Average Bitcoin Takeover podcast season 17 downloads per episode: 5075 Thank you all for listening!

“What is a bitcoin politician?” This right here in the middle. Can’t express a clear opinion on something as trivial as BIP110.

My recent interview with @John Carvalho is now available on Spotify, Apple Podcasts & pretty much every audio streaming app It’s fully timestamped too!

BIP110 aims to accomplish exactly what BSV did with the Blacklist Manager “upgrade” and is one step away from the UTXO confiscation feature BIP110 supporters want to turn Bitcoin into BSV

2026’s top 10 most downloaded Bitcoin Takeover podcast episodes on Spotify & Apple Podcasts (so far): 1. Bruce Fenton 2. Paul Sztorc 3. Fluffy Pony 4. Andrey & Valeryi of Zano 5. Tyler Spalding 6. Vik Sharma 7. Colin Harper 8. Robin Linus, Liam Eagen & Ying Tong 9. Cameron Robertson 10. Mark Karpeles Thank you for listening!

Sometimes I feel like a fraud who advertises a revolution that never happened. Bitcoin didn’t accomplish anything significant, at least not compared to the expectations everyone had more than a decade ago. The price went up, the institutions coopted it, but we still pay with our cards.

I know this might offend some people But if I have to choose between telling the truth and being part of a certain club/the friendship of someone who is easily offended I will always choose to say what I believe is true (then maybe do the damage control)

Music was more interesting when artists couldn’t swear and had to get creative about it “Part time lover” – Stevie Wonder “Easy lover” – Phil Collins “Her name was Magill and she called herself Lil, but everyone knew her as Nancy” – Paul McCartney They all described what a rapper would nonchalantly call a “bitch” since the mid 1990s. It was cool at the time for the shocking effect, but in hindsight it’s sterile, lazy and unimaginative.

My favorite part of being on this app is being told that I don’t understand Bitcoin by guys who joined in 2021 or later, only read 1 or 2 non-technical books, never actually opened a Lightning channel, never got a job in the space, probably runs Windows 11 & contributed with nothing but memes Okay pal. I sat for hundreds of hours listening to the smartest devs around. I tried every new piece of tech, layer, and protocol. I’ve researched the history of the Bitcoin project to understand what went wrong and why we have the exact same problems we did a decade ago. But I’m the shitcoiner and that Saylor/Saifedean quote totally makes you smarter.

If you haven’t listened to my interview with Mark Karpeles yet You’re really missing out

Lately I haven’t had access to my fancy Universal Audio interface So no fancy compression/EQ plugins in post-production I had to use the open source alternative, Audacity To he honest, it’s not bad at all. Most listeners won’t figure out the difference (but I can because I’m a nerd and I had a particular signal chain/plugin stack)