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Some good reminders here. I suspect that SN as a group of bitcoiners is probably least likely to be holding ETF shares and believing in 4D chess, yet complacency does slip up on us if we aren't careful.
There is something a little crazy about the people who really want to use bitcoin as money. I'm glad for that crazy, and I think the frustration I sense in your post here is that a lot of bitcoin culture feels like it's getting a little too normal, forgetting its craziness. We've undertaken this enterprise of resisting the state with no promise of success. But it feels like a lot of people are clutching false promises because they're afraid BItcoin will fail.
Thanks for reminding me that I need to go find somewhere to spend a few sats today.
Exactly. It's a tough situation. Everyone wants to provide for themselves and their family. I understand those OG sellers over the last year. I think a lot of this "this is what adoption looks like" crap is bitcoiners justifying their own desire for fiat wealth.
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159 sats \ 0 replies \ @anon 7h
We are nowhere near adoption today.
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36 sats \ 2 replies \ @fiatbad 7h
bitcoiners justifying their own desire for fiat wealth
Exactly.
It's funny, though, because Bitcoin upending the fiat system would be the largest single catalyst for NGU. Store-of-value narratives alone won't take Bitcoin to the numbers Mow and Saylor espouse.
In other words, if Bitcoiners want to be incredibly wealthy, stop using fiat for fuck's sake!
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50 sats \ 1 reply \ @itsrealfake 5h
which N will GU if Fiat is usurped?
I have never understood that.
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That's right. NGD. The Price Of Tomorrow Jeff Booth.
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