Oddbean

Craig "Faketoshi" Wright, compelled to admit he is a liar and fraudster https://craigwright.net And this is not the end of the end of Faketoshi, because he perjured himself, and has to be brought to justice for that. Now that the very real and serious threat of Faketoshi has been destroyed, the difficult business of untangling other lies about Bitcoin can commence, and the biggest and most deeply entrenched lie is that Bitcoin is money. Judge Mellor in his judgement on page 41 says, "Although Dr Wright has gone quiet...he clearly has a number of disciples who will not accept that he is not Satoshi." The same thinking that compels idiots to believe Craig Wright is Satoshi is also at work in the many people who think Bitcoin is money and who compel KYC/AML on its use. To destroy this dangerous and stupid idea, a concerted effort will need to be made by people with the correct narratives and contexts to finally free Bitcoiners from this last impediment to it going viral. To do this, someone with the means and the software is going to have to release and combine tools and services that utterly destroy any idea that Bitcoin is money simply by those tools being used. Those tools may or may not exist, but when they do, you can expect them to not only "Free the Bitcoin" but to also become the default way people interact with it, because by freeing the Bitcoin from the distorted, perverted, anti-human and base thinking of Ambulance Chasers, they will flash into the market in an unprecedented viral event faster than the spread of Hotmail in its early days. The only question is how long is this going to take, and who is going to do it. Unfortunately the first generation of Bitcoiners cannot make this argument. In their enthusiast's mindset, desperate to wake people up to the power of Bitcoin, they used convenient analogies to persuade and explain what Bitcoin is. Many of them were not technical or computer literate, and so the field was salted and poisoned. These dangerous analogies have now been taken as fact, in fact, they're almost held as sacraments of the Bitcoin Cult. Thankfully it is not them that need to be the target of the recontextualizing and cleansing of the narrative. And it will most probably be a years long cleansing rain and plowing under of the soil that's required, so that crops of new Bitcoiners can grow who are free from the poison Bitcoin Cult. When this happens, it will be worth it for all the people who opted to tell the truth and not lie about Bitcoin. And worth it means gaining hundreds of millions of users and transacting many many Bitcoin. There is also the humanitarian element to consider. Anyone mischaracterizing Bitcoin is participating in the restricting of Bitcoin to western hands. Without going hyperbolic about the true nature of this thinking and its results, let's just say there is a bad word that describes these people and their thinking. There are literally billions of people who have a strong need of Bitcoin, and they can only be reached by treating Bitcoin by its nature, just as Skype and WhatsApp reached billions by not categorising their services as telephony. Bear in mind also; all the employees making decisions about not serving people all come from the demographic that is served by default. They have an inbuilt bias against the people who cannot be served by reason of their twisted, parochial and false assumptions, many of which are completely provably irrational. In conclusion, make no mistake. Paradigm shifting events are coming that will change the face of Bitcoin. The mask must come off it is to succeed, and dedicated, logical and fearless people are ripping that mask off. https://m.primal.net/JTEL.jpg