@LizardWizardBTC Thereโs not many American Bitcoiners on X that donโt have (retarded) binary thoughts on this topic. More nuanced takes like this are needed, even for just the sake of marketing.
I have been in Bitcoin for 10 years.
I have NEVER seen sentiment this bad, on all fronts.
Not 2015, not 2018, not the 2022 collapse.
Something is broken this time, and I think I found out why through 9 charts... ๐
@_Checkmatey_@parkeralewis If Ethereum activity increasingly flows through stablecoins, rollups, and apps instead of accruing to ETH itself, the network faces a problem:
Lower ETH value โ lower staking security โ weaker network.
@CryptoCaymaniac Itโs just a soulless take, and it isnโt his first one. Why the fuck would anyone try to defend shit working conditions and shit pay? Touch grass.
"BITCOIN IS FUEL FOR A POTENTIAL NEW INTERNET."
Alexis Ohanian, Co-Founder of Reddit, on why $BTC is the most important invention of the digital age.
"It gives us the opportunity to have a store of value thatโs not backed by a country.โ
@fiat_money@elonmusk Ok so by you informing the masses, they will then pressure the state to spend more and in the right places. I personally think that the wealthy elite have captured the state, so through the masses opting out of fiat, the state becomes more limited and accountable.
@fiat_money@elonmusk Hey Mr. Fiat, what do you get out of informing people that we have always been slaves to the state? Do you have a positive outcome in mind, or do you just get off at being smarter than others?
@ProfSteveKeen@DSBatten Hey Steve! Bitcoin is the only money that can credibly allow productivity-induced deflation globally. Thatโs how you save Earth. If you canโt see that, you shouldnโt call yourself an expert in money.