Thread - Nostr Hypermedia

Watched a Joe Rogan clip recently and it reminded me of the Bitcoin community. Bitcoin's community is following the Joe Rogan arc 😂 Used to be new, cool, and allegedly anti-establishment. Now it's the complete opposite. The Bitcoin ETFs approval = Joe Rogan's Spotify deal From DEI girlfriends and woke faggot lead devs, to mass paperization, to Bitcoin influencers worshiping politicians, while the same politicians continue to spit in their face, too much damage has been done. There's a minority trying to course-correct and coordinate the normies with small patches like BIP-110, but that's too little, too late. If you need statist normies to understand complex technical topics and depend on them taking action and not being psyoped by bad actors for your solution to work, you've already lost. Bitcoin as designed is not a solution for a One World Government this tyrannical. Stop the fight, ref. He's already dead. View quoted note →

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Replies (3)

epsql epsql@nsec.app 2 weeks ago

Could ETFs have been stopped though? Who could have done so and by what means? I agree nobody should have cheered them on though, as nobody should cheer Saylor and his orange dots on

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Control-Plane Capital . 2 weeks ago

Very unlikely that Bitcoin ETFs could have been stopped with this design (no privacy by default and not fungible). To make ETFs less appealing, you'd have to have a hostile to the state design (more Monero-like). It is less likely they'd want to promote you and push you into the mainstream if you are private and fungible by default, and the community is straight up hostile to the state. Bitcoin is safe for the state, that's why it got mainstreamed.

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epsql epsql@nsec.app 2 weeks ago

Why would privacy and fungibility make ETFs less appealing? ETFs holders would still be able to claim that they possess n/21M and ETFs are all about the store of value narrative

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