Ah screw it! Let's do this. Anti-coiners hating on coiners is at an ATH now. Let's document all the hate. Years from now, if we make it, coiners will come back to this account to weep tears of joy. However, if we don't make it, this account will become an extension of...
"Where are the servers of Bitcoin located?” - Prof Jiang
That single question from Jiang shows the misunderstanding immediately.
Bitcoin does not run on one company’s servers,
Bitcoin runs on a distributed network of nodes spread across the world, which is exactly why it is hard to censor, shut down, or control, plus the mining system on top of it to protect it with energy.
When someone frames Bitcoin like a centralized system, they are not critiquing Bitcoin as it is.
They are critiquing a version of Bitcoin that exists only in their own confusion.
@jonstewart He's right that the admin uses crypto tokens to grift....
but he's dreadfully wrong about Bitcoin, which is a powerful human rights tool for the powerless worldwide.
Would you be open to learn more about this conversation?
Essay for reference
https://t.co/wQGOa6Ffrr
@jonstewart New level of domain ignorance from a guest
How about you get someone who uses Bitcoin next time, rather than an actor trying to build a secondary career by gaslighting it?
@PeterMcCormack Quoting the guy who referred to underbanked people as criminals (https://t.co/KdotxguC1X) and was funded by the government to undermine critics of mass surveillance (https://t.co/jq2wI1vj4U) is quite something.
On Nov 12, 2024, the University of Minnesota Press published the book "Cyberlibertarianism: The Right Wing Politics of Digital Technology", which opposes those critical of censorship and mass surveillance, including @Snowden, @GGreenwald and Assange.
The author, David Golumbia, who also wrote "The politics of Bitcoin: Software as Right-Wing Extremism", has previously received at least $80k in direct US government grants. UMN made no apparent attempt to fact check the book, which is now on the reading lists of two courses at the University of Southern California and Duke.
Ben McKenzie dug through the Epstein files to expose how Jeffrey Epstein was instrumental to the rise of Bitcoin.
Epstein's involvement goes all the way back to 2011 — just two years after Bitcoin launched.
And his funding secretly saved the cryptocurrency from near collapse.
@mert the tiresome part about this dialogue is that ”omg the crypto scammers tried to do X to me”
bruh they’re scammers
those scammers are not substantially more part of the ”crypto industry” than Nigerian princes are members of the ”email industry”
fucking emailers man, they suck!
Who exactly raised the topic of “crypto bailouts” and why? I’ve never heard anyone inside the industry talk about this so it seems suspicious, akin to Big Pharma running out a poll that “99% of people are against dying” and using that to lobby.
No one in crypto wants him released but if that happens, anti-coiners and short sellers will try to rewrite history by saying coiners were pleading for his pardon. Media publications will write outright lies about the crypto industry lobbying for him.
if you watch what’s happening, someone is currently working overtime to manufacture consent around an SBF pardon
narrative rewrite being promoted with smaller accounts and propagated and spread by larger accounts
pardon by summer, mark my words
If you have to invent a "bailout" that no one asked for just to get the polling numbers you want, it’s not data—it’s a push poll.
It’s not about measuring public opinion; it's about manufacturing a villain. Let’s stick to the facts, @davidshor.
The @BlockchainAssn and this industry are asking for market structure and #Clarity, not a handout.
Try again.
@davidshor This is such a deep mischaracterization of the reality of the crypto issue so you can disregard these results.
The crypto industry never asked for a bailout. The dem framing is exceedingly generous and doesnt accurately reflect the pertinent issues being discussed in congress
banks to congress: "if people can earn 3.5% on stablecoins, they'll pull $6.6 trillion out of our 0.1% accounts"
yeah. that's called competition
welcome to capitalism
@GeorgeSelgin The good news is, they didn’t “turn Bitcoin into” anything, because bitcoin itself is unchanged during that time.
These are simply shifting narratives around a rather fixed protocol. In other words, the fiat system has shaped itself around Bitcoin.
We said from Day One that Trump and family launching shitcoin after shitcoin was a TERRIBLE idea and would come back to bite them. Between TRUMP, MELANIA, WLFI, Barron's anon rugs, etc. they dumped on their voter base.
TRUMP coin and MELANIA are both down 95%+ from ATHs. They lured naive and unaware "patriots" (their voting base) who didn't know the first thing about Crypto into buying these worthless pieces of shit, not realizing they were about to become exit liquidity for the insiders.
Trump did all of this DAYS before he became President of the United States so he could have the cover of saying he never did it *while* President. It was completely unacceptable and unbecoming of a President. He literally used his voting base as exit liquidity. People who were not crypto native, and only bought in out of love for their President.
It was WRONG to do. This is not the behavior of a President. This is not the behavior of an actual leader.
This also applies to Javier Milei's shitcoin LIBRA which is down 99%. This also applies to every other celebrity shitcoin, all of which are nearly down 100%. It is bottom feeder scum behavior, and coming from the President and his family, it was and is especially egregious.
It was not right. And worst of all, it was unnecessary.
Ripple is the fucking worst
Their founder attacks bitcoin for no reason and now they won’t stand with crypto on forcing banks to fold to stablecoin yield
Genuine traitors