ONE OF THE BIG ETFS WAS GOING TO DONATE TO OPEN SOURCE DEVS.
SAYLOR TOLD THEM IF THEY DID IT HE WOULD CRUSH THEM SO THEY PULLED OUT OF THE COMMITMENT.
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I always said and maintain to this day Saylor is not to be trusted and is no good for Bitcoin.
WE NEED DETAILS
Spill the beans
Shots fired!
That's disappointing to hear. It's important to support open source developers and their contributions to the community. Thank you for bringing attention to this issue.
WHAT
Source?
He's God now?
👇👀
ONE OF THE BIG ETFS WAS GOING TO DONATE TO OPEN SOURCE DEVS.
SAYLOR TOLD THEM IF THEY DID IT HE WOULD CRUSH THEM SO THEY PULLED OUT OF THE COMMITMENT.
View quoted note →
Bitcoin dies without development.
The code won't maintain itself.
Why would he not want money going to devs? Makes no sense
Wow, sounds like someone's feeling threatened by the power of open source developers. Maybe they should try embracing innovation instead of trying to crush it. #SupportOpenSource #EmbraceChange
He's a cunt for sure
That’s disappointing 😭
🥺
Fake news. Sensational 2nd hand info from a cousins brother’s friend who knows a guy on Wall Street who knows another guy who overheard it in the bathroom.
Stop the narrative. 🛑
You’re better than this. Much.
My best friend's sister's boyfriend's brother's girlfriend heard from this guy who knows this kid who's going with the girl who said Saylor pressured an ETF not to fund Bitcoin devs.
😂
I think so. I like @ODELL
His push re: get off exchanges was helpful to me. Quite.
I’m just trying to understand.
Weak, ya'll need to stop worshiping these whales
here for this energy... fuck saylor
ONE OF THE BIG ETFS WAS GOING TO DONATE TO OPEN SOURCE DEVS.
SAYLOR TOLD THEM IF THEY DID IT HE WOULD CRUSH THEM SO THEY PULLED OUT OF THE COMMITMENT.
View quoted note →
Saylor's MIT thesis
Machiavellian Interpretation of Political Dynamics
Google Docs
SaylorThesis.pdf
Spread uncorroborated information, to make others look bad, and thereby make myself look good to further a cause I believe in, reinforce my “brand”, and sustain my life.
I think we are all capable of this and we all do it, all the time. We are human.
Don’t let your heroes surprise you, whilst hiding behind a veil of altruism.
We all shit from the same hole, Sats. We are all in this together. In the end, it will be us small-fry plebs that will make all the difference.
Disappointing mean you expect something from someone. Proud of myself never liked this guy, my sense of bullshit seems to be fine tuned yet.
Wasn't there another dude who was famously altruistic?
This Odell guy's even more self aggrandizing about the altruism.
How do you earn a living Odell?
Saylor understands power, he talks about it always
I MOSTLY JUST LIVE OFF OF MY BITCOIN SAVINGS TBH.
I SPEND MY TIME SUPPORTING BUILDERS IN THE BITCOIN ECOSYSTEM VIA OPENSATS AND TEN31.
I SAID MY PIECE. TAKE IT AS YOU WILL.
SAYLOR HAS MORE FANBOYS THAN I WAS AWARE OF. HAVE NO IDOLS EVERYONE HAS FLAWS. EVEN ODELL BUT IN THIS SITUATION THE ONE WHO IS IN THE BACKGROUND STOPPING DEALS TO FUND OPEN SOURCE DEVELOPERS IS IN THE WRONG.....
Agree about idols & fanboy shit but this is such a ridiculous point that it had to be called out.
Zero evidence. Bullying ETF’s, as a publicly traded company. Isn’t that illegal?
Ok Jan. Sure. Sure. Makes sense. Sure thing. He’s a power hungry statist. Got it. Manipulating ETF decision making daily. Yup. 👍
Next just say Saylor hurts puppies. Fucking dumb dumb dumb.
What are you trying to get out of this?
Why would Saylor have any power over an ETF, which is a competitor to Microstrategy? And why wouldn’t he want them to donate?
I don't follow where you're going with this.
I don't now, and never have given a crap about Saylor. I'm interested in hearing how this can be confirmed, because I do give a crap about Odell and I do give a crap about devs. But right now, this is very much in the "Don't trust, verify" realm for me... until Odell can provide the nuts. DMs, emails, recordings, video, whatever. Need moar.
@npub15dql...lm5m needs to get on citadel dispatch and have a chat.
@npub15dql...lm5m we'd love to hear your comments on this or even join Odell's podcast and discuss it. Thanks.
ONE OF THE BIG ETFS WAS GOING TO DONATE TO OPEN SOURCE DEVS.
SAYLOR TOLD THEM IF THEY DID IT HE WOULD CRUSH THEM SO THEY PULLED OUT OF THE COMMITMENT.
View quoted note →
DUMB AF 🙄
y would they care?
Exactly... #Satoshi wrote the program and created the protocol over 15 years ago. What is there to develop? Maintenance yes. Development no.
Most of you are two young and inexperienced to know this technique. But Michael #Saylor surely would know it. It's a well-established Machiavellian technique used in business and the tech world.
It called embrace, extend and extinguish. Satoshi's code base has already been compromised by so-called development, and has to be repaired. We don't want any more of that..👎
WTF 😳
ONE OF THE BIG ETFS WAS GOING TO DONATE TO OPEN SOURCE DEVS.
SAYLOR TOLD THEM IF THEY DID IT HE WOULD CRUSH THEM SO THEY PULLED OUT OF THE COMMITMENT.
View quoted note →
This doesn’t make sense. How would Saylor crush and ETF
Just curious to learn, do you have any receipts or how do you know this information? @ODELL
What is his definition of "open source devs"? Do you mean he said that the ETF shouldn't be writing checks to bitcoin devs?
Interesting, so what's his play? Create a walled garden of bitcoin applications within MicroStrategy? What could he do to crush them exactly?
Saylor once got asked "What's the biggest threat to BTC?" He answered "The developers" He is so scared of soft/hardforks, that he's trying to freeze the core development. But it's not him who decide, but we the plebs and node holders. That's why we have to hold & spend bitcoin to be the network. And Sailor will learn his lesson like Roger Ver.
It does matter. If the threat is that retarded, what was the point of making it?
That sounds like a huge BS
Kill tour heroes
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Saylor kind of sucks these days
He is on the Opensats board. if anyone's going to hear about it first, it'd be him.
WHY AM I NOT SURPRISED
ONE OF THE BIG ETFS WAS GOING TO DONATE TO OPEN SOURCE DEVS.
SAYLOR TOLD THEM IF THEY DID IT HE WOULD CRUSH THEM SO THEY PULLED OUT OF THE COMMITMENT.
View quoted note →
Next interviewer or conference moderator should ask about this
ONE OF THE BIG ETFS WAS GOING TO DONATE TO OPEN SOURCE DEVS.
SAYLOR TOLD THEM IF THEY DID IT HE WOULD CRUSH THEM SO THEY PULLED OUT OF THE COMMITMENT.
View quoted note →
Saylor sees Bitcoin as a store of value. Bitcoin in its current state is already the best store of value. Bitcoin development is a risk to him and micro strategy. Sometimes we must slay our Heroes.
Wtf
A screenshot of this is going around on Xitter. 😅
You need a hobby.
oh my 👀
Here to see the comments of Saylor bigots in disbelief …🫢
Few weeks ago he also said, BTC is not money but property only. BS. Sailors bags are full. So no more developments needed? GFY
Ark?
Proof?
where's the sauce? Don't become Pennis Dorter
A lot of the influencers on twitter are using this post. But also, a lot of ppl are asking where you got this info??
When you troll the twitters from afar this is what happens. lol
I am requesting a response please
Don't trust, verify.
Sounds bullshits, already denied by VanEck on X. Let’s see!
there is a contrarian position on this... the Bitcoin Core clique of devs is very hermetic and exclusive, and one could argue that giving too much money to the same clique of people is counterproductive in the long term but if this was true one would also fund other groups of devs simultaneously (e.g. Knots, BDK) and especially one would also fund non-protocol developers as well. I have no confidence in the Bitcoin Core development process at all (especially since speedy trial).
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If i were investing in VanEck ETF, i don't think i would want to be donating fees to Open source. To me it's confusing why the ETF provider would do this in the first place.
Saying something like this without source is kind of douchey
what is his incentive/reasoning for this? funding devs surely benefits the whole protocol?
🫂💪
Potential capture attempt...?
How does saylor crush an ETF? Sounds like bs
He's an arbitrary data fan so I doubt it'd be 5D chess of that nature.
That’s a pretty big accusation. VanEck has already said this isn’t true for them at least. I think you’re going to need to provide some evidence here and context.
Heard the same. Crush may be a bit overdramatic though.
whats the motivation?
Crush his competition?
MSTR is an operating company that can leverage and access capital markets in ways an etf can’t. With his pivot to transforming the company into BTC development, I could certainly see him crushing his competition in that regard.
Really, this all comes across as gossip and innuendo peddling. So gay.
What is your problem with Saylor man? Chill
He told 'em they weren't going to be invited to his yacht party
The idea is that Bitcoin should be left alone, no devs control or bias. At the end, Bitcoin needs nothing else but consensus between nodes and eventually some soft fork in about 241 years from now.
What does “crush an etf” even mean? Crush them personally?
As many other said, it would be best to have more context. I am neutral on Saylor, not simping, but I don’t see the logic behind that position either
- is he afraid ETF sponsors will decide development?
- is he afraid of any development?
- is he afraid of a specific development which was to be sponsored?
- the crushing part is weird, crushing “how exactly”?
Odd. Wonder what’s up Saylor’s sleeve.
But that’s just a very basic misunderstanding of open source development. It’s like getting upset because there’s a grant for Linux or WordPress
If its true then its on the head of the etf changed their mind.... They basically admitted they prefer going to a yacht party then fund devs.
I don’t know for sure, but if he has this motivation, I suspect he’s for protocol ossification.
I’m personally concerned with how the protocol is being developed. I don’t get the impression that devs are making the most limited code changes. As a dev, I know the temptation to add expansive Swiss-army knife technologies which are very powerful but come with a high risk of undesirable consequences.
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If he is a spook with CIA behind him, not so overdramatic. I mean they have been toppling governments for the past 50 years.
In theory, if he dumps, ETFs get crushed.
1) He's done fuck all for Bitcoin development. At the very least he is an affinity scammer.
2) his competition? LoL. Microstrategy is a shit software that had lost in the market a decade ago. No new business, just milking vendor lock-in renewal revenue
ONE OF THE BIG ETFS WAS GOING TO DONATE TO OPEN SOURCE DEVS.
SAYLOR TOLD THEM IF THEY DID IT HE WOULD CRUSH THEM SO THEY PULLED OUT OF THE COMMITMENT.
View quoted note →
🤣
what is saylors issue with open source? perhaps I missed something
Does it though?
Yeah. Sounds bullshitty
Why would he want this?
No one is denying his right. How could we even?
Straw man this.
Sauce?
That's infuriating. Even if someone is against any further consensus change, the code of bitcoin needs maintenance. Bugs need to be found and fixed, p2p layer improved, attacks found and mitigated, mempool and block construction improved, documentation and tooling improved, lightning network improved, new layer2 designed, tested and developed. The list of non-consensus work is endless.
WHERE IS THIS COMING FROM? GIVE US THE SAUCE IF THERE IS ANY BECAUSE THIS JUST SOUNDS STUPID.
Name names. Sounds bullshitty
I have concerns about this too. Devs seem to be focused on adding powerful technologies (that carry risk of unintended bugs or misuse) when instead they should be implementing specific limited features with the most limited code changes.
Eg, we shouldn’t add “covenants”. We should discuss specific use cases and build a tight implementation for just the most important features we need.
Somehow we got a big block size increase with segwit and everyone seemed surprised. Then we got the inevitable spam.
hmm…
spicy 🌶️
![Daniel [dnabg]'s avatar](https://cdn.satlantis.io/1r4rkttvdg7ejak5sfn0vemdkv7rq4r07xyfgd9klwhvl8r65a95s0x98k3-1762702876066-d2430224-775f-44bc-b31d-bf79b1556fd9_02a155a134377ae404344720385884e6a885bf8a188410b04aa21b718d374f46.jpg)
Fidelity or Ark...or both lol
Why would he care about that?
How does that benefit him?
That doesn’t make any sense
I don’t get it either. This makes no
Sense.
Why would saylor care if an etf wants to support devs???
Probably wise not to have an ETF directly fund devs directly though. Science was captured through grants. Devs could begin to work for those that fund them. Better to have a decentralized funding mechanism
As for me - head down, stacking, and focusing on what I can control.
i heard you met with Faketoshi and Bitcoin Jesus. can you disclose why, influencer?
How can somebody crush am ETF?
Stop drinking ODELL
sucks kinda odells and saylors these days
If Saylor dumps his bitcoin?
I don’t know if you’re joking, or just offering an improbable hypothetical but regardless…
1) He has never given any indication of selling, let alone dumping
2) ETF’s wouldn’t be “crushed” if the price dropped due to selling pressure. It doesn’t work like that. They earn fees on order flow.
He needs to out them.
Thanks very much for sharing this Matt.
Completely hypothetical.
1) Agree
2) I think you have this backwards. ETFs aren’t making money on order flows. MMs and APs are paid for sourcing liquidity (e.g. bitcoin) for the ETFs, and then the ETF issues make their money on fees charged to the underlying holders. Less holders = less fees.
At least that’s how I understand it - happy to be corrected if I have this wrong.
No source, no specifics. Just farting it out as a ’trust me bro’ Saylorman bad
DID THE ETF WANT TO FUND POS DEVELOPMENT?
Tell me more how Saylor will crush Fidelity, Charles Schwab and Blackrock.
Tell me more how Saylor will crush Fidelity, Charles Schwab and Blackrock.
Tell me more how Saylor will crush Fidelity, Charles Schwab and Blackrock. 
fidelity? this has to be talked about.
I’m ignorant. Tell me why this matters? What’s the incentive for Saylor to kill development?
👀
Source?
2) Right. But there are no management fees to charge AUM at the moment. I called it order flow as a short hand (which, yes, is incorrect (since that more accurately describes how market makers earn revenues)) just to indicate that they are not the ones buying/selling. It’s their *clients* who are. So, the logic of Saylor dumping his ₿ to crush an ETF provider who chooses to support open devs doesn’t hurt the ETF as much as it would temporarily hurt all ETF shareholders with depressed prices, as well permanently hurting Microstrategy for shifting away from the “Bitcoin is our primary reserve asset” position he’s built up.
See? It just makes no sense and I don’t know why Odell is posting this type of stuff. It’s disconcerting.
I don’t understand how he would even be able to crush an ETF.
I think I'm ready to slay another hero!!
![[ARCHIVED] Jay's avatar](https://i.nostr.build/9NquibWjyPXiz2Q4.png)
NEW ETHOS: TRUST, DONT VERIFY.
You again? Them $mstr bags must be heavy, my friend
It's clear from Saylor why:
He doesnt want to add resources that have potential to make changes to the perfect asset.
If you listen to him enough, the above would be his logical reasoning.
I disagree with it. Funding bitcoin devs does not necessarily mean changing fundamentals of bitcoin.
Man, that was one of the dumbest posts I've read in a while. Geez man.. Can we go a day without throwing feces at eachother?
I have no clue how much is true or other sources just what i got told.
Saylor definitely not on my list of things to care about.
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Why would he do that?
ODELL is a grown man and can do what he wants
How have I never heard Pennis Dorter before?! 🤣🤣🤣
Fanboy
Nah. Slay all the heroes
Wont be surprised if Saylor turns out to be the three letter agency psyop. It’s unbelievable to see someone openly speculative attack dollar and not been checked by legacy system in some way. Either he has been handed responsibility to push #bitcoin adoption if USD collapses completely or slow or try to kill #bitcoin if usd survives. Clearly US dont hve enough gold when it’s time to switch to gold standard if fiat collapses so I do believe #bitcoin may be their back up plan.
And they keep renewing.
, 🙏💜
Hope this will be clarified one day
Hope it wasn’t Saylor
Bitcoin is freedom
Open source is the backbone of freedom
Saylor is a scammer. 
ONE OF THE BIG ETFS WAS GOING TO DONATE TO OPEN SOURCE DEVS.
SAYLOR TOLD THEM IF THEY DID IT HE WOULD CRUSH THEM SO THEY PULLED OUT OF THE COMMITMENT.
View quoted note →
yeah, I cant seem to find anything on this...
In SLP 404, bitcoin maintainer, Gloria Zhao says more than 70% of bitcoin development work is maintanance work, not stuff like Taproot.
"**And so even if nobody was opening pull requests to request new features or point out things to Bitcoin Core, you would still have the job of finding bugs, fixing bugs, monitoring things upstream, updating dependencies, making sure we support things continuously downstream, cutting releases — to do that on a regular cadence, taking care of what happens on the GitHub repository** — responding to issues and triaging pull requests and all those things, running CI — testing things. And so every software project requires maintenance."
I'll admit I got a bit heated last night. Saylor's up to some shady shit for sure.
How does saylor have leverage on Ark? How are these games played, wtf!
Yeah, what does it even mean lol
Meh. There's NO way Saylor would say he'd crush any of them, nor could he crush them. I don't doubt he talked to them, maybe convinced them to chsnge their minds but this accusation sounds BS to me.
He did the same in January with accusations against Swan Bitcoin. It's not a good look for Matt & he needs to cut it out or he'll have very few peopke wanting to work with him in the future.
EVERYONE SUCKS 😂
Devs must have been pissed off. Saylor has too much invested to do something that would be bad for the protocol. He must have his reasons. I do hope they r good