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100 sats \ 1 reply \ @Murch 9h \ parent \ on: Are you really a Bitcoiner? bitcoin_beginners
Would you give some examples of how "the protocol is being captured"? I see a bunch of suits starting treasury companies and ETFs, but the influx of protocol development must have eluded me.
Control of the narrative is 90% of market capture and control...and they have achieved it without you even seeing it!
Sly.
I gave the largest example above- others are the debanking of businesses who accept bitcoin, the 70% of humanity who live under authoritarian governments who mostly OUTRIGHT ban MoE use and perhaps most importantly the capture of the narrative by people touting Bitcoin as a (kyced and CG taxed) speculative commodity and so it is thus seen and used as a speculative commodity not a MoE.
The suits and ETFs are pushing this narrative and the obstructive and effectively impracticable tax obligations of MoE use reinforces it- to use Bitcoin as a MoE lawfully is effectively impractical due to the tax obligations attached to it via designation as a speculative commodity.
Fuck all Bitcoin is now held with the intent to use as a P2P MoE- ETFs expressly and explicitly prevent such use and Treasuries do also.
If you dont get it now ok- you don't want to get it...they have captured and controlled your perception and its evident.
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