Oddbean new post about | logout
 When you thought you were building a global monetary system that would remove power from the state and put money in the hands of the people.

But instead you get ETFs, KYC, jpegs, shitcoins and custodians while governments and institutions are the biggest holders

https://image.nostr.build/9863950b2fef9ab9d9baf0bcaeb8cbaf38698bd2eb53816a3440e73d7ea25be4.jpg 
 This is literally what I’m experiencing right now 
 Just money things. Rich people gonna be rich. 
 Bitcoiners are getting totally cucked and most of them are still defending this shit.  
 And we are early! This is just starting. 
 Hello friend! 
 Block space is more scarce and desirable than property in Vail and onchain gentrification was inevitable. Those who would benefit from its highest and best use aren’t necessarily the ones who will get to benefit from in in the short term. 

I’m not a bitcoin OG and I can imagine this isn’t what folks like yourself signed up for. On a long enough time scale perhaps Bitcoin will be the global monetary system we all want. It may not be in our lifetime as it goes through the store of value evolution. 
 We're commoditizing free space over thousands of computers by way of an online bid war. That's huge. Tick Tock, next block.

Every one gets a say, and it seems especially relevant and noisy when it's those we don't agree with that are being the loudest. It'll come to pass. 

Low-time-preference, stack the sats. In the meantime, we look at what we can improve, we take lessons, and we program the money to plug any shortcomings. 
 growing pains. thank you for building 
 I took this black pill long ago, I'm glad you are realizing now. 
The good thing is that, now that we know that Satoshi was wrong about Bitcoin, we realize that he was right about us. 
Look around, what do you see? It's called TALENT AND PASSION. 
We'll make it. We are not all Satoshi, we are better than him, he was only the spark that started the fire. You are the fire, my friend. 
 Woops 
 Bitcoin is for your enemies - nobody can stop anybody else from buying some - this is the use case that makes Bitcoin Bitcoin 
 It seems most maxis still have not heard of Monero? 
 ETFs, KYC, jpegs, shitcoins, custodians, and government/institutional holding are side effects of Number Go Up technology. Focus on the signal and stay positive! 
 "thats a saver ride for everyone" (the cowards understand) 
 Keep fighting the good fight!!! We will be victorious despite what’s currently going on 💪🏽💪🏽💪🏽 
 I keep getting Elliott and Jack Mallers mixed up. 
 Drivechain fix this. 
 Imagine Mr Robot ending in hyperinflation and hyperbitcoinization.  
 Yawn....

nostr:nevent1qqsdyx52f5xn32c5xu6ar3lhkavr5tfhgcxk8myxq6ppv93anj07rycpr9mhxue69uhkummnw3ezuurvv43xx6rpd9hzummjvupzqa7w2muf6y3g7llnws7wrtgmy4y90wgqs4j8yl4atg0nzumz7m98qvzqqqqqqyj53rcp