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Thanks for sharing. Bitcoin is not an industry. This is not the first time we see people leaving and losing faith in bitcoin and won't be the last. But somehow bitcoin refuses to die.
Agree, bitcoin is not an industry
In fact Tony has critized and insulted Adam Back and Blockstream for being a 'business', for promoting an 'industry'
Tony is a hypocrite
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21 sats \ 4 replies \ @ek 6 Aug
Bitcoin is not an industry.
Assuming you wanted to say "Bitcoin has no industry" since that's what the quote from Tony referred to with "industry": why not?
Certainly, there is a "bitcoin industry" just like there is a movie industry even though movies themselves are not industry, yes, no?
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21 sats \ 1 reply \ @clr 6 Aug
I meant that bitcoin as a movement and the "bitcoin industry" are distinct things and their interests are not necessarily aligned.
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Bitcoin is not an industry per se
But all the bitcoin wallets are an industry. Self custody solutions such as Casa and Unchained. Mining pools and equipment. Open dime and titanium plates. Umbrel and start 9 nodes. Faraday bags. etc
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Tony is leaving the "bitcoin industry" and go back to his pre bitcoin life?
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Movies are definitely a cottage industry. A large production that employs many people and vendors and studios and big wigs.
The dollar or yen is not an industry but banks and brokers are an industry
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