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100 sats \ 1 reply \ @fiatbad 6h \ on: For those of you who do not know or do not care.... bitcoin
I've made a lot of big-blocker arguments on SN in the past. I always have to preface by saying, I am NOT a big-blocker and I own zero B-cash or crypto of any kind outside of Bitcoin.
But goddamm if Roger Ver didn't make some good points. His book "Hijacking Bitcoin" changed my view on a lot of things. Not enough to join his cause.... but enough to question the honey-badger kinds of narratives pushed around here.
I can't help but think that Core was hijacked, exactly how he describes, in order to ensure that Bitcoin can only be used as a SoV, and never as a MoE. The "Freedom Money" ethos has slowly died out, and been replaced by bullshit narratives about how MoE will "happen eventually, just not now".
I'm still not a big-blocker, because I also understand the reasons why Roger is wrong. But dammit, I'm incredibly disappointed at the current state of Bitcoin... especially the human element of it...
OP, your post is really good. Thanks for making it.
Thank you.
In my humble opinion, the problems in Bitcoin today aren't 'technical'... they are cultural, social, and educational. I also own no crypto outside of Bitcoin, and echo the same things about 'big blocks'...
I haven't read 'Hijacking Bitcoin' (I'll check it out) and while I understand the reasons behind 'small blocks' I also feel we have lost our way somehow. Bitcoin the token is obviously quite valuable... but Bitcoin the network blockspace is almost worthless and there is a tone-deafness in the 'community' that doesn't sit right with me.
The "Freedom Money" ethos has slowly died out, and been replaced by bullshit narratives
I see this hardcore on Nostr and it is really just... sad. People who obviously should and do know better... want to pretend that all is right in Kansas when it is NOT. We are losing the war for 'better money' that's reasonably private and actually used and the head-in-the-sand imho doesn't help things.
But dammit, I'm incredibly disappointed at the current state of Bitcoin... especially the human element of it...
I am too. We could have a reasonable MoE and way more Bitcoin usage... but people just don't care. They'll LARP and tell you how great "freedom money" is but it's all BS when the mempool is empty.
If Bitcoin fails the laziness, apathy, greed, and negligence will be at fault... but you won't hear that on Nostr. The truth will come out eventually.
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