Bitcoin is actually a new form of money that is being adopted in front of our eyes.
The adoption is a near perfect power law. In 17 years we have gone from zero to 5% of US M2.
In another 10 years, Bitcoin will exceed M2.
Michael Saylor wrote an article two weeks ago that took one group of people — Bitcoiners — and divided them into four camps.
He explicitly separated Bitcoiners.
Then he has the audacity to say “We shouldn’t let the 1% divide us.”
A politician at his finest. Dividing the people then appearing in public to say “We need to come together and unite.”
In his plea for unity, he points at all the global capital still outside the Bitcoin monetary network. But he’ll wake up tomorrow morning and sell the owners of that capital a stock that keeps them out of the network so he can stack bitcoin for himself.
His stock is allegedly the bridge for global capital into Bitcoin. But if you buy his stock, you own absolutely nothing within the Bitcoin monetary network. You’ve gone from fiat instrument to fiat instrument.
The scheme is simple:
He takes your capital, walks it over the Bitcoin bridge for himself, and leaves you standing on the fiat side.
His stock is a bridge for him, not you.
“Don’t attack me, come together, don’t expose my grift. The opportunity for me to sell people a non-btc financial asset marketed as better than btc so I can buy btc is bigger than the argument.”
Nah.
The opportunity to buy real bitcoin is bigger than the opportunity to buy fiat-financialized non-btc slop.
He doesn’t want you arguing about it for a reason.
The scheme can’t be brought to light, or else it ends.
Just like fiat.
My 1TB ssd, is oficially full today.
This is the end of an era. I still remember when I first found Bitcoin in 2017, and ran the full node on a 2007 Dell Inspiron. That's not possible anymore.
If we do not fix the spam problem, soon even 2TB won't be enough.