Oddbean new post about login | logout The people who are already giving up on the idea that we can protect #Bitcoin from capture because BlackRock got here like 30 seconds ago, need to pull their fucking panties up. I’m sure it’s going to be a fight and we don’t need your pathetic whiney ass when that day comes. I’ll fight for it. Join me or piss off and sell everything now. We don’t want you if a fucking paper ETF is what makes you throw in the towel. Get that fiat brain shit outta here. nostr:note12r7n9d48pxwp0fesdmst79yd7gdn6qffyvrw8jcpe0533tndnq4qdv6j38
We either believe the saying "You don't change Bitcoin, Bitcoin changes you" applies to the likes of blackrock or you don't believe in Bitcoin. We say everybody will adopt Bitcoin well then that means everybody. This is a revolution damn it. Act like it is.
Bitcoin might change your SOPs but it sure as hell won't change your evil organization into a good one🤦♂️
I'm by no means saying that a hard money had the power to make evil into moral good, but that's not what I take the phrase to mean. I do believe however that Bitcoin is the perfect fulfillment of the saying "Gold is the governor of government". That is what I think it means for Bitcoin to change the likes of blackrock. Fiat gives evil men who control it an unlimited check to commit evil acts but a hard money by its nature limits the amount of evil that can be done. But it certainly can't change the nature of evil men.
Change vs limit 🤷♂️🤙
That's the problem with pithy sayings I guess lol
It doesn’t change evil, it plugs a vulnerability that evil uses to fund and sustain like 90% of the awful shit it does. Fiat is an exploit, #Bitcoin is the software update we need to fix it.
@TheGuySwann I just recommend Primal App to everyone , it is beautiful
Agreed. This *bitcoin is freedom* or *all is lost* moralism misses the point. Whoever can build the best solutions for their problems in a rapidly escalating value landscape will cement their use case in the future. Those complaining about the wind will get blown a way. Some in TradFi will fuck around and find out, others may succeed and build something foundational to the future of the world.
Classy.
Is this a real concern? The ETF’s in the US would need to acquire another 1,900,000 bitcoin to capture 10%. Even at an average rate of $65,000 (I suspect that’s very low), that’s $123 Billion I believe. And even then it would be split between many companies.
No I really don’t think so, but lots of people seem really defeatist about it for some reason.
my guess is Bitcoin doesn't care nostr:note1qmy0z7e86t5wzkqjddmmf7smndnh9axevzqsf4v0czgkpj5fa9rqfer9ah
The latest panic seems to be coming from people talking about a 6102 attack.
The attack vector was institutions even after Congress passed the Gold reserve act in 1934. What is the attack vector with Bitcoin? State sanctioned torture police collecting private keys? I don't think so. Bitcoin is kryptonite to tradfi. The ETFs let Bitcoin walk right in tradfi's front door. Bitcoin based tradfi products are the most toxic financial products ever created. It's over. Not if. When.
The cherry on top is commercial banks, the most insolvent institutions ever created, are now begging the SEC to let them take the poison pill. Please someone explain how this is bad for Bitcoin.
Individuals hold approx. 57% of the total moveable BTC supply. As long as people don't sell their corn to Blackrock, etc. there is no concern.
I don’t even think it’s a “at least half need to hold there coins” sort of thing either, but that would certainly be better.
Once wall street gets ours sats, they ain’t moving again
Yeah it’s also peculiar that people didn’t expect this to eventually happen. Anybody can use it means exactly that. “Bitcoin is also for people I don’t like” wasn’t a LARP. It’s literally going to be used by people Bitcoiners don’t like and maybe would prefer not to have it. Shouldn’t be a pack it up we had a good run scenario. Sounds like those diamond hands were drawn in crayon.
Why not voice fixing filters then? Because Bitcoin magazine pays you not to?
I don’t know how anything in this comment is relevant or where it comes from at all... • Voice fixing? • How am I at all involved with Bitcoin Magazine? • You propose I’m getting paid to not… make a voice filter? • This sounds like an accusation - Is there some unethical profit potential from “a lack of voice filtering” that I am not aware of? • Then lastly, and most confusingly… how does any of this even have a slight connection to my comment? I have to admit, your single sentence has confused me more than anything I have read this week. I hope there is some sort of meaning behind this.
Aight dude I knew you were dumb but I didnt know you were outright retarded and unaware of literaly anything going on in Bitcoin. Cheers retard
I’m sorry this bothers you but I still have no idea what “voice fixing filters” is or what you are referring to. I honestly don’t know why you would be mad instead of just explaining what you mean.
You are a 🤡
says the guy riding guy swanns dick while he sits by and lets his supposedly favorite asset of all time become molested at the technological layer and pretend to know nothing about it
Thank God you are here to save bitcoin
Im here to respond to complacent retards who think they are above being informed of the truth.
Im sorry if you’ve had a bad week.
try life
https://iris.to/note12s9r7qhtdmwuapchjz64jvc559qvr60ate6cegy8prmxqpahqflq9x5njz In case you actually care and arent 100% a larp
That post is about ordinals & inscriptions. I still don’t understand how this relates to “voice filtering”? Here’s an episode on ordinals though if that’s the topic you are after. I legit still do not understand your earlier comment though. https://fountain.fm/episode/TKy2AV0Lqd1oKBJ4jR3y
These people are the liquidity. God bless them
There is a fight of hardcore bitcoiners v incompetent greedy globalists. I back the bitcoiners. Everyone else is just noise. They all can go fuck themselves, this is about freedom 🖕
you must support what is right from your standpoint. but bitcoin is by definition #permissionless .. a greedy globlist doest need permission from a hardcore bitcoiner .. to join :-) or even influence. That said , a bitcoiner knows btc is too big to be influenced by anyone ..
The fight i mean is about the general public seeing bitcoin from a globalist perspective of an etf closed wall asset OR realising it is the sound money tool to be free of that. The propaganda and marketing from the banking cartel is to ensnare people in their version, hardcore bitcoiners spread the freedom. Hopefully people open their eyes 🤷♂️
nostr:nevent1qqs8kxth4u5qvfesu9vmqt5fq5pp03d8gt99q8ayck0322tew7zvc6gpp4mhxue69uhkummn9ekx7mqzyp05sxj22fyq6h38jccrhwragaeks9pp30yr8tskwxpj20ftayd77qcyqqqqqqgctn3gy