Sometimes I feel like a fraud who advertises a revolution that never happened.
Bitcoin didn’t accomplish anything significant, at least not compared to the expectations everyone had more than a decade ago.
The price went up, the institutions coopted it, but we still pay with our cards.
Replies (25)
that is why you are the most intelligent of all bitcoin retards
Since Rothbard would be 100 now and it fits the theme in his view the medium of exchange function comes before the store of value function.
“A commodity that is accepted in barter becomes a medium of exchange. Once that has happened, people begin to express all other prices in terms of it – the unit‑of‑account function. The store‑of‑value function is a consequence of the willingness to hold the medium for future exchange.”
If we follow that thought bitcoin is basically trying to saddle the horse from the back.
Sometimes you have to look at what the main rival of bitcoin is doing. The fed printing worthless fiat, being the lubricant of the slave system imposed on everyone on this planet. Slowly eroding lives away with debased currency, ruining generations. Boom busts, the stealing of resources, raping of countries, perpetual war, poverty, death and destruction. The shining beacon you mention not doing anything, is literally the way out when it all inevitably comes down
I use it for buying my vpn, vps, steam games, groceries (sometimes) and transacting with friends. It’s easier to set up and use than paypal/other options for me.
So in the end it has achieved my usecase. Digital money without intermediaries or restrictions. Money without the government’s approval.
There’s still people that pay with paper checks in 2026
Cool. Now step outside your home and try to make payments at the grocery store.
Haha lol
It's been 15 years, calm your tits
Rothbard would be a hardcore Monero user not Bitcoin
Put all your money in Bitcoin and ignore all the shitcoins. And ignore the stock market and ignore credit cards. And you're gonna tell me nothing. Has changed? You're just into shit coins too much.
Yes, he'd probably be
Yes, feel bad you failure.
Pretty sure you can do this in South Africa…@ODELL had someone on
@CITADEL DISPATCH that integrated bitcoin payments into merchant POS systems
All about perspective and time preference. For those of us that live in America and Europe we will need to be patient and wait for more vendors to understand that bitcoin is a superior form of money to fiat
But keep farming engagement and aligning with the monero tards and nocoiners that claim bitcoin has failed…
I already did. Bought a gift card, went to the store and got my groceries. All paid with bitcoin.
I like that framing. 💪🏼
I'd love to see that graphic minus all the centralized LN solutions
Zoom out. A random open source project replacing all money isn’t going to happen in 10 years. We’ve come a long way already though.
+1;
Bitcoin in 2026 is much closer to PayPal in 2010 than to Bitcoin in 2010.
Mostly for the bad.
But AI makes me bullish, open source will eat the world, that's our 2nd chance.
You should travel to a developing country embracing Bitcoin….
Your perspective is very first world
It gave rise to a new generation of free market interaction through the implementation in the Silk Road DNM, imo an even bigger revolution.
It got cooped by people like Donald Trump and Jeffrey Epstein who wanted to use it for child sex trafficking
That's because we're still so early
Bitcoin exists in the world. Just by being an alternative, albeit fringe, it plays an important role.
I'm a norwegian living in Argentina and the way I transfer money into the country is with bitcoin. Much of my spending is using bitcoin. I use a bridge (bullbitcoin), so the recipients get fiat. I feel like I have one foot in each system, and hope one day I can remove my foot from the fiat side.
Cooption is real (what I mention above is unfortunately quite KYC'd), but so is the development of tools on the bitcoin side. I still think bitcoin will dominate, we're just too impatient. Dominating or not right now, it's there for us to use.
Stack sats, spend sats, enjoy.
Where do you think is going a important part of the fiat debt? Debt that won't be paid back....
Time is in our side. Just be patience....
