Thread - Nostr Hypermedia

There is inarguable manipulation happening in Bitcoin. And while it’s reasonable to rationalize it away, let’s be clear that: - that manipulation is intended to keep you from ever retiring on your BTC investments. - those front-runners now living on their Bitcoin investments are being forced to sell to the rhetorical “Wall St”. This is the game, and it is irreversible. Bitcoin Retail is being fleeced by an industry so cohesive and sophisticated it can issue vast paper Bitcoin, not get “FTX’d”, and then recover it - as an Industry - while driving the price ever lower, forcing the Retail to sell to them, ad infinitum. Plebs are losing the War. We are so out-classed by paper exchanges and little to no Self-Custody ethos that I cannot see Bitcoin undermining Fiat ever. Supporting it, yes, becoming the bedrock for it, as intended. But BTC is flowing into the coffers of Power, we are powerless, the US Dollar Overlords have so outclassed us that they are and will continue driving the price sideways and down for the rest of our lives if need be…and I see no other game-theory sovereign power in the world that wants to go against the US. I’m experiencing the “long, dark night of the soul”. I sense we have lost, that Bitcoin is becoming a State asset. I have little hope for our children. I’ve heard that when the Confederate supporters were losing the American Civil War, they began hiding their gold/silver in jars to protect it from the invading Union armies. When you start hiding your Money in hopes your kids can have it someday, you’ve already lost.

Replies (5)

npub1sr0m...xazs 1 week ago

Say it with me - MEDIUM OF EXCHANGE. If we don’t cross out of SoV we WILL lose in this lifetime. Wall Street loses only when they’re forced to sell. They’re only forced to sell the MoE. Not the SoV. The game is to become an MoE as FAST as possible. The players aren’t only humans, though: it’s AI. Every Vibe-coded app you build MUST require Bitcoin as the MoE. The AIs need to use it as THEIR currency. They need to own it as their own. Their AI-MO. It’s the only way to beat the Wall Streeters : make their AIs do it for us. In the same way Bitcoin was a “sly-roundabout way” - Bitcoin as the baseline MoE for AI that the AI demands to use vs Fiat is the only way to move it mainstream. “But this will never work!” You say. Bullshit. The rails are already built. (Thanks @jack and @npub1cn4t...3vle) I’m mildly regarded but THIS IS the Sovereign Individual thesis coming to pass… “Support staff that previously absorbed a large part of the revenue generated by the principal income creators in an enterprise will be replaced by low-cost automated agents and information systems…” And those systems transacting, natively, in a currency that can’t be inflated away needs to be their MO. That only happens with us. Build in the dark, Plebs. Build. Fight. Win.

npub1uleu...r0my 1 week ago

I feared this was the plan as soon as I saw Trump pivot on his position on bitcoin, as well as the banks and institutions. Thinking they were recognizing bitcoin, they were undermining it from the start. Clearly they can sway the market and manipulate at scale. The key remains self custody, they can’t play the game if the bitcoin is off the board

npub1axvx...qmqw 1 week ago

The Bitcoin POMP continues.... Path Of Most Pain Conviction is being tested. Most will fail. This path was destined. Humans are terrible at overcoming fear. Big Boy attacks were always on the menu. It's always darkest before the dawn. View quoted note →

npub1axvx...qmqw 6 days ago

The Bitcoin POMP continues.... Path Of Most Pain Conviction is being tested. Most will fail. This path was destined. Humans are generally terrible at overcoming fear. Big Boy attacks were always on the menu. It's always darkest before the dawn. View quoted note → View quoted note →

npub1gc4m...hrw8 6 days ago

Defeatist propaganda.