The block size war in 2017 proved that miners don't control Bitcoin - nodes do.
The spam war in 2025-26 will prove that developers/maintainers don't control Bitcoin - nodes do.
History doesn't repeat, but it rhymes.
@TomMontalk@CMHughesPhilly@Ragnarly Can we have nice things in a world with psychopathic predators? Corporations are notorious breeding grounds for them. They cause so much suffering for the rest.
Bitcoin is a test. If it survives with the original intent of decentralization, we can have nice things.
The market is designed to transfer Bitcoin from people who don’t understand it to people who do. Right now it’s working exactly as intended. The question is which side of the transfer you’re on.
@Badaliensinfo This is neo Marxist bulkshit. How else is civilization supposed to function? A top-down authoritarian control matrix? No thanks.
Once you give up freedom and the ability to follow what God wants for your life, civilization is over.
@SenseReceptor And still Fitts doesn't understand how this is one of the best attributes of Bitcoin. It can't be taken from you when held in self-custodity.
It seems a striking paradox central bankers...think in terms of having a "targeted" rate for inflation without realizing that that rate should be zero! This paradox, or my perception of it, was what led me to the concept of "Asymptotically Ideal Money"
https://t.co/ReaaxKqZDu
I’ve been through 2018. I’ve been through 2020. I’ve been through 2022. Every time felt like this. Every time I held. Every time I was glad I did. This is not financial advice. This is pattern recognition.
@Breedlove22 Decentralization vs. Human Nature: Can a decentralized system like Bitcoin truly work long-term given human tendencies toward hierarchy, corruption and centralization of power?
It’s more likely the Deep State created Shitcoins than the Deep State created Bitcoin.
If the Deep State created Bitcoin, then that would be a terrible chess move for the Deep State.
But Alt-coins are a “perfect” Deep State chess move.
Run Knots + RDTS
Stay wary. Filters up!
Bitcoiners need to pull their heads out of the sand and defend the quality and integrity of the Peer-to-Peer Electronic Cash System that Satoshi created.
Bitcoin has been under obvious attack by SpamScammers since 2023.
Run Knots + RDTS + DATUM + Ocean to subdue the attack.
Bitcoin has pierced the 200 Week Moving Average 6 times since 2016.
1 of those was in 2018.
1 of those was in 2020.
3 of those were in 2022-2023.
1 of those times is today.
You said you'd buy the dip.
The world is giving it to you on a silver platter: