It just clicked. Crypto bros are rebels without a cause. Bitcoiners are rebelling *with* a cause. The crypto people don’t get it. They missed the part about “chancellor on the brink” and went straight to the tech stuff. I’ve had so many inane conversations with crypto bros this week it’s knackering. Hmm. I’d rather spend time with normies than crypto people.
As soon as someone says they’re into Crypto i switch off
They know no difference so try to educate them 💜
I tried, no more 🙂
Crypto bros are gullible af and in general low IQ NPCs
I think you might be right. They have no empathy. Very disconnected. 😳
This is what I kept repeating to the Monero cheerleaders. The inscription in the genesis block is telling us there's more to this than just privacy or scalability.
Tell me more please, I would love to learn what you know.
The privacy issue does concern me slightly. I'm thinking if I have a problem in the future, then I could convert my bitcoin to Monero and back to bitcoin to conceal who ownes it. That would work wouldn't it? So then i could still buy / or be involved in what things we consider normal today that might be banned in the future. And so difficult for the authority to know its me. Or just buy in Monero. I dont hold any Monero. (Not yet, but am thinking of holding some just incase). I think Bitcoin transparency is a good thing, otherwise we get governments doing all kinds of dodgy stuff behind our backs. But obviously negative is government makes something illegal and then we are exposed using Bitcoin because we be caught "breaking the law." Paying for something with Lightning is as good as anonymous right? So then thats problem solved right? 🤔
If you study Bitcoins pre-origin history leading to it's creation, cypherpunks of old, it is very obvious that their north star was private, anonymous, untraceable money. It was a major goal, if not *the* goal. A proliferation of BOLT12 adoption will definitely make lightning better, but it still has many different disadvantages...even if Monero only exists to competitively push Bitcoiners to create more private payment layers that usurp it, that don't require trusted third parties, it's still a win imo note12acrktner7qftvhwnrnsgket3cgywk8dkrkmyfaq6rrlts2vfh5s33l9gh
Thanks for long list of references. I doubt I will ever get through all those! My guess is if Bitcoin was as private as Monero, there would be alot more severe backlash and resistance to it from government / authorities. So we'd end up having something that would never get mass adoption, or momentum would be hindered which severely reduce its growth. 100% privacy isn't needed 100% of the time. So even if Bitcoin doesn't solve privacy issue completely then I could literally just switch to privacy coin as and when required. It seems like a good balance. Makes sense to me. If Bitcoin really isn't private enough, then over time, we will begin to realise this practically and switch to Monero or different alternative privacy coin. In reality I think people will opt to give up privacy in the case of Bitcoin because it is the largest decentralised network in the world, which makes it more secure and much bigger than Monero. Therefore Bitcoin perceived as safer. When we really need the privacy which clearly isn't 100% of the time, switch to privacy coin. From my understanding Monero isn't going to zero so will always be around. Even though it is smaller decentralised network than Bitcoin it still serves its purpose when privacy is number 1 priority and Bitcoin falls short o that particular instance whatever it may be. Because of its smaller size (market cap / size of decentralised network etc.) compared to Bitcoin it locks out the massive companies corporations. So the individual self sovereign still wins. Monero is a better privacy coin than Bitcoin hands down. But that doesn't mean Bitcoin wont be the main no.1 cryptocurrency used across the world, ubiquitous in every country. That's the way I'm seeing it in my head. 🖖
You understand. That your argument basically says. There is no need for Bitcoin as fiat already has 100% reach and it us so much better integrated into all systems.
But bitcoin still fixes inflation issue. Stops countries from printing when they want. Prices of things will more accurately reflect reality rather than governments supporting massive industries. Stops endless wars etc. Etc. The lack of Bitcoin's privacy can be viewed as a good thing too, stops governments from behaving corruptly because its all transparent. They can't hide. Obviously I've already discussed disadvantage of lack of privacy to individual if government makes something illegal and then tracks the person breaking the law through bitcoin. At which point I would consider use of Monero or another privacy tool either another coin or bitcoin may well adopt in future through secondary layer. Bitcoin standard is better than Fiat by a factor of, I dont know, massively. It is hard to project that far ahead. There are factors variables we all haven't considered or not aware of which could push towards either direction. The way I see it if Monero is to be the new Bitcoin, then even then Bitcoin needs to massively succeed first. Monero's privacy is too much to be accepted by institutions and government. Sometimes you can't jump straight to a solution has to be done in steps. Thats my two sats. 🐵
Maybe. 🤔 some people are on various journeys and we shouldn’t judge them … We shouldn’t judge anyone but I hear you. It’s a human issue
There will be time, when "normies" become name for bitcoiners. 🎉
The crypto guys From what I can tell Just see the 1000 x returns They want more fiat The bitcoiners want more sats Because we see the future monetary system with sats as base layer money Idk 🤷
Agree. > Crypto, on the other hand, is fiat on steroids. Worse, it is fiat on methamphetamines. It is the belief that honest money doesn't matter, which is why every project, every person, every exchange, every network, every system, every community, and every jpg needs its own separate form of money. It's economic nihilism. https://dergigi.com/2022/11/19/dear-crypto-fiat-bros/
Hey Gigi I miss your articles, are you still writing or you have "moved on to other things"?
I would love to write again but right now it's not in the cards.
I hope that whatever keeps you from writing fills your life with health, purpose, and good company man, you've already done so much good for humanity.
Think you'll find we have a cause. #STACKHARDER
100% agree. Crypto bros have no morals. They will buy and shill whatever they think will "pump" and make them money. They're constantly being pulled in every direction by the allure of making massive gains. Jumping from one meme coin or alt coin to the next, hoping someone will buy their worthless shit bags before they get rugged. I can't respect anyone like that.
"Crypto bros are rebels without a cause. Bitcoiners are rebelling *with* a cause." Well fucking said; I'm stealing those lines.
You are a brave soul, mixing with the riff raff. Just be careful Joe, you might be inspired to make your own rap song, in a gangsta rap voice, with big gold chains driving a flashy lambo, surrounded with all honeys. 🙈 On second thoughts, that sounds like the life 🙉. Yeah bring it on... 🤙🤙🤙
More riff raff https://youtu.be/Yd4d2d1t5T4?si=qfAmwP6OXZ6xidXg
Satoshi told US 16 years and here we are https://www.usdebtclock.org/world-debt-clock.html