Bitcoin was something very serious. A system of electronic money that was impossible to counterfeit, impossible to censor, and impossible to confiscate.
Bitcoin was fighting against central banks, against states, and against large corporations, where the interaction of these three agents forms what I call neo-mercantilism.
Now Bitcoin is no longer known for what it is; it has lost its essence because the three-letter agencies have gotten deeply involved in its development.
Of course, it can still perform its function, but the deterioration it has suffered in its initial idea and also in its defense is more than evident. Right now, half of the community is corrupt and participates in the state's idea.
It's curious that many influencers who defended scams like Samourai, Monero, and other crap are in favor of this, which shows that the bad actors have always been the same.
Is there a solution? With each passing day, I become more pessimistic. All they want is for Blackrock, Vanguard, and their fucking mothers to buy bitcoin. They don't care about privacy, and they don't care that Core is run by a group of lesbians and transvestites on the CIA's payroll.
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Uno de los desarrolladores de Core hizo una entrevista en español con lunaticoin.
La verdad que me quedó bastante difuso sus intenciones. Creo que simplemente está ahí por que le pagan, y le da igual bitcoin. También fue un poco opaco al describir quien me pagaba, cuanto y todo eso. No lo se, no me inspiró confianza en absoluto.
No me cuadra con lo que llevo sabiendo hasta ahora del mundo open source (linux, etc)
Lo que esta ocurriendo en el desarrollo de Bitcoin es normal, era lo esperable, lo que no es normal es que los Bitcoiners hayan sido tan escupidos de caer en la trampa, pero peor aun, a pesar de darse cuenta del error, lo siguen defendiendo por orgullo y por no admitir que están equivocados.
Something similar has happened in the Linux world, where all distributions have abandoned the Unix philosophy and adopted systemd, and it is now more than evident that Microsoft is behind systemd and that systemd dances to the tune of Microsoft's needs in the Cloud and not to the needs of users.
People who do not have a long history in the world of computing obviously do not understand these things and do not realize it, and this is what has happened with Bitcoin.
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Ok sell me your sats then
You're stupid, mute.
₿itcoin is hope for freedom . There’s still hope !
🫂 & heard
Almost seeing the light, cypher. Something people have been warning about for 10 years comes to your attention only now. Which doesn't really speak for your adversarial thinking skills.
Monero is far from being perfect, but it has better conditions. Anonymous devs, that with 100% certainty include agents.
But that's the thing. You can not have a project without them. You need to involve them in the project, while keeping the process itself as transparent as possible. That's how we can self-regulate. Let them work for us. Align with higher principals so you can call out bad decisions on its own merits.
When cypher and Darth fall you know Bitcoin maximalism is dead.
They are the last bastion.
If they would be more skilled they could even leverage their influence over the community for the beat outcome for both BTC and XMR. But they lack this insight and insist of Monero being a scam.
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Perhaps the deep state felt compelled to get involved.
1. It can't let Bitcoin become an uncontrolled threat to the dollar.
2. It potentially serves as a solution to the Triffin dilemna.
3. It potentially serves as an alternative to a gold linked currency launched by a rival.
This is actually why I even started learning about Monero, and I was pleasantly surprised. I do not understand why the maximalist sentiment is based upon on inevitability. When we look at Bitcoin right now, it feels like it is falling apart, yet most maximalist pretence is about never changing your mind.
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And it's called Monero
Labeling #Monero as a scam, while it is the project that tries to keep Satoshi's vision alive is just...
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tick tock next block,
anything else is a ego test.
❤️
Interesting
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What would you say is the end vision for Monero? Does it aim to survive as a parallel system, letting fiat to normies?
We often hear that money converges to one, so I imagine a lot of Bitcoiners expect Bitcoin to become the global money for all individuals and eventually nations, which is either naive in many respects or a very very long term thing.
Would XMR aim at such a thing as well or does it recognize it as something undesirable?
Great post.
I think China will eventually be forced to adopt Bitcoin.
Bitcoin solving the triffin dilemma allows the US to expand the USD. China can't compete to establish a dominant currency. Once China gets involved in a hash power war and battling for control, real protocol improvements become a potential as each power tries to ensure the other doesn't get to use the data and obtain advantage if they gain control.
If Bitcoin fails to adopt the most fair another currency that does will rapidly gain traction, forcing Bitcoin to compete.
That's an optimistic view. Here's hoping.
We were just arguing about this the other week. Remember? I criticized you for using custodial solutions while claiming to be a cypherpunk. You called Monero a shitcoin. Lol let's see how long you can keep up the charade. I wonder how many regulations and prosecutions against p2p digital cash usage of Bitcoin will have to occur for you to see the writing on the wall. I wonder how big and resilient the Monero p2p economy will have to get for you to see the truth.
this is exactly why we monero dude
I do think that convergence at one is a metaphysical principle that oy applies to our timeless and spaceless "reality".
The matrix (matter) manifests itself through polarity which is often described as a yin and yang. One and the other at the same time, dancing and competing for the present moment.
I do think that Bitcoin and Monero present a yin-yang relationship of sorts.
I do not believe in one ring, one money, one A-eye to rule them all. I believe in nature that has built in competition and synergy at the core. It comes with kill switches (Achilles) to exit the form and start anew.
Bitcoin and Monero are just temporary fads. Just like everything impermanent.
Monero doesn't need to be the one coin for everybody to succeed. If all conscious people use Monero where they see it as an increase in their natural rights to expressing one self it already won.
Parallel systems can be encouraged but ultimately they'll only fall into place once the market demands them.
In that sense we (Bitcoiners incl. Monero) are early resonators with a future to come
For now Monero is the antagonist to the satanic agenda. Rapid development needs competent dancers. But at one point (like anything in the matrix) it may fail its own aspirations. It's time to know when to leave this plane as a living being just as at the times you'll need to leave systems that served one before.
gosh if there was one coherent vision on the subject everything would be so much simpler wouldn't it?
It would, yet not sure it's possible, after all such is the nature of decentralized systems.
What I don't understand from the Monero people is their motivation for considering Bitcoin compromised / almost failing.
It seems to me that Bitcoin can, from a technical perspective, still be used in ways which adhere to the original cypherpunk ethos:
- you can buy it staying away from KYC
- you can do coinjoins
- you can open LN channels, close them when done, and shuffle things around some more with further coinjoins if you like
Mining is however very much centralized though. That's the weakest structural point of the Bitcoin edifice.
But the main point remains: is Bitcoin compromised, or is it simply that the masses that have been exposed to don't see the problem it's trying to solve in the first place and end up wrapping it in institutional paper games? Are we dealing with an inevitable cultural problem that other projects would also have to be confronted with the moment they become "popular", or is there something else going on, such as a long term state level attack?
"compromised" is a matter of perspective
the *trajectory* is wrong if the end goal is permissionless freedom money.
there is both an inevitable cultural problem AND a state level regulatory attack, that Bitcoiners vastly underestimate.
The regulatory capture playbook is well-understood.
But there are no substantial voices in Bitcoin talking about it.
and sure, it's technically possible to use Bitcoin privately right now. but everyone is hoping to get legal permission to continue using it privately,
rather than make it impossible to prevent using it privately.
which is where Monero diverges in philosophy.
Muted by shitcoiner.
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Sad to see you got muted by shitcoiner 😔
Run knots and soft folk. We’ll win in the end
"Core is run by a group of lesbians and transvestites"
Thanks for letting me know who you are. 🫡