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But no, this isn't the real reason bitcoiners tend to wish for the end days. It's just easier. A dollar collapse spares us from the actual hard work of educating people, answering dumb questions about blockchain, building L2s, and scaling bitcoin. If the world ends tomorrow, it allows us to feel superior without doing anything.
Oh wow, is this my alt?
Nah, I'm kidding. Seriously though, watching other people come to the same natural conclusions (and writing articles about them) is a heck of a thing to watch.
And we're part of the problem. As long as we're taking out promissory notes in dollars, we're creating demand for the world's reserve currency. My liabilities are someone else's asset to balance against their liabilities. So it goes.
You can rationalize it however you want: fiat loans with bitcoin collateral, speculative attack, get on zero, asymmetric trade, etc. But what you resist, persists.
ARE YOU SURE YOU'RE NOT MY ALT??? lmao
160 sats \ 3 replies \ @0fje0 20 Jun
Nah, I'm kidding. Seriously though, watching other people come to the same natural conclusions (and writing articles about them) is a heck of a thing to watch.
Totally agree. It beautifully put into words many of the sentiments I've had for quite a while. I have zero data to substantiate this, but I won't be surprised if more 'silent' bitcoiners also feel the same.
Kudos to @jtwoodhouse for writing it up. Well worth the read.
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Thank you, my friend. There's definitely a contingent of silent bitcoiners who feel this way. It gets harder to maintain the hysteria.
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0 sats \ 1 reply \ @0fje0 20 Jun
You're welcome. Prior to today, I don't recall seeing any of your previous pieces. I really like your writing style.
This from an earlier piece, for example, gave me a good chuckle:
Indoor swimming pool of athiest tears
Priceless. (Despite of the typo. Or maybe that was intentional?)
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I appreciate it! I post on here when I have something to say.
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I'm positively surprised, too.
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Excellent comment 👍... I'm new to this but I am convinced that if we continue stacking and learning daily... we will achieve it 💪
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