Nah. Staying humble and stacking sats, not revealing the size of your stack, and being known for your reputation as a developer, as a financier, as a conference organizer, as a manager, are huge parts of the bitcoin ecosystem. Bitcoin is hard money. And as a result, the ecosystem that builds around it is very low time preference and oriented toward reputation signaling rather than shallow stuff like beauty, lambos, or dominance.

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twentyone's avatar
twentyone 1 year ago
Living on a #bitcoin standard gives you the ability to spend your time how you wish rather than being restricted by a debasing currency that forces you to run faster and faster in the rat race.
That's all true... but the power competition occurring over ledger writing authority, is from a technical first principles analysis, a physical-power-based dominance hierarchy and resource control structure. With all due respect "nah" is not a valid counterargument. I'm not talking about the size of anyones stack, I'm talking about the real physical power being used to compete over the ledger.