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Phundamentals
Member since: 2022-12-31
Phundamentals
Phundamentals 14d

Why the hell are we doing all this here and not in another podcast?

Phundamentals
Phundamentals 14d

There is a market that wants to adopt and use the Bitcoin protocol but its voice is so faint that it can’t be heard over the status quo. That market will grow when more people resonate with it - not through moral resonance but something deeper and more meaningful - the type of resonance that compels action. I strongly believe this market will amplify over time but it will be very slow and we won’t notice it getting louder for some time.

Phundamentals
Phundamentals 15d

If Bitcoin is dependent of its adopters to be moral - I think it’s doomed. It’s supposed to transcend the need to trust the morals of your counterparties

Phundamentals
Phundamentals 15d

I like this - but there’s a fork that determines if one is accountable - you’ve presented the accountable case:

Phundamentals
Phundamentals 16d

This is why purity tests are the wrong tool - markets are the tool. This is a state change in Bitcoin’s culture that is playing out with the fork episode

Phundamentals
Phundamentals 16d

The market is showing a preference for value that is transcending the natural urge to corrupt the market. It’s overcoming gravity.

Phundamentals
Phundamentals 16d

When immoral acts dominate markets, the markets typically devolve to irrelevance.

Phundamentals
Phundamentals 16d

It’s clearly immoral to rug people and deceive people. This isn’t inherent to markets - just like people can do immoral things when they have the freedom to. Doesn’t mean freedom is immoral.

Phundamentals
Phundamentals 16d

Uh ok. Good luck dude.

Phundamentals
Phundamentals 18d

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