teepolitics's avatar
teepolitics 2 days ago
Terrible idea over here 👇 lmfao! It’s a who’s who of corrupt large institutions 😂😂. This “consortium” or better described as mafia is attempting to attack Bitcoin from its weakest possible point, which is the developers. Yes, nodes can fork to another chain but if you attack aka bribe the well established developers, you can heavily influence the direction of the network. However, this wouldn’t be an immediate takeover, but a long term coercion and propaganda project. The financial establishment recognize that they cannot stop Bitcoin so Michael Saylor has been on a mission since 2020 to leverage as much Bitcoin as possible thereby linking it to fiat for good. The goal of these pricks has been clear from the very beginning. It is to trap as much Bitcoin in fiat custodial wallets as possible and confiscate the rest over time or render self-custodied bitcoin essentially useless or “sanctioned”. Move people to a “paper Bitcoin standard”. “But Bitcoiners will fight back!” No because it will be gradual and by the time they recognize what’s happening, paper bitcoin will be prevalent. image

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sanctioned bitcoin only works if you don't have a circular economy built. i might totally disagree with the Epstein Consortium but they are economizing, albeit with paper btc. devs can fight all they want but until sovereign users are economizing their btc then its likely gg.
teepolitics's avatar
teepolitics 2 days ago
Circular economies would be directly to maintain in the age of AI, especially if the opposition was motivated enough to stop it. I disagree that economizing is the problem. That will come as the system marches towards collapse. There’s nothing like organic demand! These guys are not economizing at all, they’re incorporating into fiat debt.
Correct me if I'm wrong, but I feel like I'm beginning to notice a pattern. Simple humans that want to save and transact in Bitcoin are either on the fence or support BIP110. Those with Bitcoin businesses are adamantly against it. View quoted note →