Serious question to bitcoiners on both sides of the node wars: do you think Russian, Kenyan, Chinese, Iranian, Kazakh...miners will all go along with the USA Consortium compliant Bitcoin Core code? Would you if you were an iranian miner? I certainly wouldn't. I'd flip the Bit.
Black Rock and Wallstreet funding developers = Yay!
The FBI director giving a speech at the Bitcoin Conference while a developer is in jail = Whatever.
Your node doesn't matter = Neutrality.
Bitcoin is not money, use STRC as credit = Free money glitch.
Spam (introduced by Taproot) is necessary to keep Bitcoin secure = Say no to censorship.
Stablecoins being mentioned more than Bitcoin itself at Bitcoin conferences = Bullish adoption.
Treasury companies extracting billions using Bitcoin as a narrative = Institutions will pump my bags, whatever.
Are you awake yet, Bitcoiner?
Big Bitcoin (i.e., the State) is putting an extraordinary amount of time and energy into undermining Bitcoin’s future monetary use cases.
We should ask ourselves why, because they already appear to be embracing Bitcoin as a store-of-value asset. If that role were the real threat, why spend so much effort opposing its evolution/preservation as money?
The answer may not be about Bitcoin itself. It is about preserving the long-term supremacy of the U.S. dollar and Tether. A Bitcoin that primarily stores value can coexist with the existing monetary system. A Bitcoin that also becomes a widely used medium of exchange and global settlement network is a fundamentally different challenge.
History offers an interesting parallel.
Gold was once money. Over time, it was removed from circulation, stripped of its monetary role, and relegated to being primarily a reserve asset and investment vehicle. People stopped using it as money and instead speculated on its price. Gold wasn’t destroyed… it was monetarily neutralized.
Bitcoin is different because it can be both a scarce reserve asset and a permissionless monetary network. That dual nature is precisely what makes it disruptive.
If your objective were to preserve the existing monetary order, you wouldn’t necessarily try to ban Bitcoin. You would embrace it as “digital gold” while gradually constraining the very use cases that allow it to compete as money. Concentration, regulatory capture, and protocol changes that diminish Bitcoin’s monetary utility would all move in that direction.
A Bitcoin that people merely speculate on is far less disruptive than a Bitcoin they actually use to save, settle, and transact outside the legacy financial system.
The goal, then, isn’t necessarily to destroy Bitcoin. It’s to shape its evolution… preserving it as a high-value reserve asset while preventing it from maturing into a competing monetary standard.
In other words, don’t kill Bitcoin. Turn it into the digital equivalent of gold: an extraordinarily valuable asset that people admire and speculate on, but one that no longer meaningfully challenges the monetary system it was designed to replace.
In any war, one of the most important and effective strategies is to DEMORALIZE your enemy, to convince them that fighting or continuing to fight is immoral, futile, or harmful.
Don't fall for it. The truth is they are weak and terrified of the power of nodes.
A gold analyst just made the best case for bitcoin I've heard all year. By accident.
His whole thesis: "the beauty of gold is it's not used for anything." Send gold to $1,000,000 and nobody gets hurt. Send corn to $1,000 a bushel and people starve. Send oil there and the economy collapses. A reserve asset has to be useless, because money that doubles as something people need to consume punishes everyone the moment it goes up.
He's right. He just stopped one step short.
Gold still has day jobs. Jewelry, electronics, dentistry. Bitcoin is used for even less. It was built to be money and nothing else. No industrial demand fighting its monetary demand, nothing to melt down, no factory waiting on the supply.
Gold is useless enough to be great money. Bitcoin is useless at everything except being money. Same principle, taken to its logical end.
The purest reserve asset isn't the one with the fewest uses. It's the one with none.
BIP110 is a DEFENSIVE soft fork.
It is not "hostile", and not a "takeover", and it is not about one person or a leader.
It doesn't add FEATURES.
You won't notice a thing if you use Bitcoin as money; it's intended purpose.
If this is a surprise, you've been fooled and gaslit by the enemy.
https://t.co/pOIYiCG2SW
BIP-110 narrows the use of bitcoin to monetary use only. It makes sure it is money, and nothing else. As absolutely scarce money, bitcoin ends centralized control of all kinds.
The fiat system DOES NOT want Bitcoin to be money. Those against BIP-110 are serving fiat system.
Michael @Saylor made two misleading statements today. They are clever distortions of the facts.
❌ “Bitcoin is digital capital.”
✅ “Bitcoin is money.”
❌ “Hard consensus is Bitcoin’s immune system.”
✅ “Nodes are Bitcoin’s immune system.”
Study Bitcoin. 🧡
The question of Bitcoin Core's governance places too much importance on Core...
Think of Core as a software company serving Bitcoin.
Their governance matters only if we all bow to Core.
Core is not Bitcoin, we are.
This is actually a great point.
There is no official LDS equivalent of “How to respond to Evangelicals/Catholics,” because the Church is not primarily an apologetics ministry.
That makes sense if you understand the LDS claim.
The claim is not:
“We have the cleverest interpretation of the Bible.”
The claim is:
“Jesus Christ restored His Church, priesthood authority, covenants, ordinances, apostles, prophets, and additional scripture.”
Those are very different things.
Many Evangelical arguments depend on the assumption that Christianity is ultimately a contest over who can interpret a biblical passage most persuasively.
But Latter-day Saints are not saying, “We won the debate, therefore the Church is true.”
We are saying God acted.
He revealed.
He restored.
He called prophets.
He gave authority.
He brought forth scripture.
So when someone says, “Mormons don’t understand the Bible,” that criticism lands with far less force than they think it does.
We love the Bible. We quote the Bible. We teach from the Bible. We believe the Bible.
But our ultimate claim is not that we defeated Protestantism in a Bible debate.
Our claim is that Jesus Christ still speaks, still calls prophets, still gives authority, and still directs His Church.
And if that claim is true, then the endless “but my pastor says this verse means…” arguments are not the foundation of the conversation.
The real question is much bigger:
Did God restore His Church or not?
@Verdadseeker4ev@RykerJackson97 The early Latter-day Saints did use the cross. It was shown on jewelry, scriptures, chapels, funerals, memorials, and in discourse. It fell out of use as a Church symbol in the mid-20th century.
Bitcoin is volatile for a reason. The path to adopting bitcoin is not a security but instead understanding why it stores value. You will spend 40,000 hours of your life trying to make money. It's worthwhile to spend 100 hours figuring out how to keep it.
https://t.co/VMToEi60zR