LATAM is so fucked if they don't move to a Monero based economy soon. They will run their businesses like always over WhatsApp (because they don't know better) and get mapped out one by one. Ciao. View quoted note →

It doesn't stop with the promotion of central bank regulators. We also love our anonymous Bitcoin powdered fiat credit cards. Seriously. As a Bitcoiner if you go to such a conference you completely lost it. I do understand that decentralised protocols are not sponsoring your flat conference. But why then have it in the first place. View quoted note →

Bitcoin merchant adoption in 2012-2016 went so well because taking the risk back then was accompanied and compensated for by rising fiat prices, which for the merchants made a big difference. Bitcoin is more or less capitalised (the price discovery left is basically the inflation hedge). So taking the risk of shop acceptance from a business perspective is simply not there anymore. If you Bitcoiners want to have a second chance for global adoption as a MoE the recipe for taking the risk needs to be adequate reward. I do think the only network that has currently the total backing of all OG factions (Bitcoin, Ethereum, Bitcoin Cash and others) is Monero. With its $10 B in marketcap it can compensate merchants many times even if it is only growing within the crypto native scene. Merchants will do the work against regulators when they get paid. Mark this note. It's a description of how to move forward and hopefully a self-fullfilling prophesy. Focus on Monero for MoE. It's easier to explain where Bitcoin failed and why Monero is what Bitcoin should have been than driving Bitcoin adoption from where we are. Start with cash and tech savy business first. See you on the other side.

Regulated by the Czech central bank is now how "Bitcoiners" advertise their conference sponsors. This tells you all you need to know about the state of Bitcoin. View quoted note →

Tor nodes (Monero) have a very limited uptime/stability. Why is that? I know that onion addresses have sometimes problems to stay connected for long, but some sites manage exceptionally well with basically zero downtime. What is wrong with how Monero onion RPC nodes are configured so most of them are unreachable most of the time. It should be the default to connect to a Tor RPC.

Unpopular opinion. The "whitehat" should have kept it all and send Blockstream into insolvency. Instead he turned himself into a criminal paying 85% taxes while not rescuing Bitcoin from Blockstream. It's one if the dumbest moves in a long time or it's an inside hack/rug. We've seen this before. View quoted note →

My purchasing power only ever went up since I invested in Bitcoin and Monero (moving average). Meanwhile people around complain that everything always gets more expensive (moving average). They slowly become impoverished. When so many are so deeply invested in their indoctrinated belief system, how can we expect this to produce sane institutions? Osho said: The people are retarded.

What is the power of Monero? It unites Bitcoin, Ethereum and Bitcoin Cash proponents that made up 99% of Bitcoin OGs before the fracturing started. You even have people on the EF that claim they are all-in on Monero. If you want to see change faster than the US, EU, RUS and China criminal regimes can adapt to (like Bitcoin in its early days) you need to start BCA or ECA into Monero. We are at a dead end. More merchants simply won't accept "crypto" in a privacy preserving way. They'll play along. The only thing that can break that trendline is if a strong movemnet becomes visible and signals support for a world without built in tax surveillance. That's when you gain new merchants as they feel safer in a new trend/herd like everyone else.

Bcashers got that right, too. What most Bitcoiners didn't know back then is that Bitcoin got attacked from two sides and most people tend two pick sides of the perceived lesser evil. On one side Blockstream and ultra small blockers like Luke on the other side giga blockers like Craig Wrong and friends that used the controversy to make reasonable block size increases look like the most irresponsible thing to do and by that killing organic adoption as a MoE. Sad story. View quoted note →

This is unfortunately true. Especially after they kicked out Craig Wrong, another government operative who represented the unlimited blocksize movement that made it in acceptable for most people. View quoted note →