514 sats \ 0 replies \ @fiatbad 13 Nov 2023 \ on: Build around the banks, do not join them! -- Toxic Rant #2 bitcoin
This is why I think the hodl narrative needs to be toned down, and the currency narrative should be ramped up.
I know this is a less popular concept among Bitcoiners. I know that hoarding scarcity is a necessary stage for an emergent hard-money.
But I think Bitcoiners are generally too comfortable with legacy fiat. They use banks, they spend fiat, they collect CC rewards. They aren't even trying to get around banks except as a store-of-value. I think this is a bad move.
Sure, emphasis on store-of-value and hodl culture should remain dominant. But we need to start doing something about actually toppling banks and fiat, instead of acting like there's nothing wrong with it.
If you're only in Bitcoin as a store-of-value, I think you're missing something.