Been reading news about privacy coins becoming a hotter topic on Google Trends To me, it was obvious since last year when I attended the Nashville Bitcoin conference The revolution is dead, so there will be a massive exodus towards anything that offers financial privacy. It’s not a matter of “if” at this point. It’s a matter of “when”. The fact that so many Bitcoin OGs are interested in Monero/Zcash/Zano/Beam these days is proof that there is still hope. The only other question is: when will the “plebs” wake up and join the battle? Then will the normies put their money in something that better protects their freedom of transaction? Regardless of when, I’m ready.

Here’s what Blockstream head of research Andrew Poelstra thinks about two-way pegged sidechains, as described by the 2014 sidechains whitepaper and the drivechains https://youtube.com/shorts/zmqYNX3qg0U?si=9UQ6GE1HfAxfjloS

Feeling cute, might inscribe my podcast theme song on the Bitcoin blockchain … so I can’t delete it later 🙃

Can’t hate on ETH anymore They’ve been around for a decade, built some great stuff, proved a lot of critics wrong They’ve been through hell, they’ve been ridiculed by bitcoiners, but they’re still standing Congrats on this, seriously! You deserve it.

"Dude, your content is low quality because you interview shitcoin developers" Meanwhile, the "high quality" content: "President Putin says that Bitcoin might be the future of money. HE IS RIGHT!" "The Trump family adds more bitcoin to portfolio. IT'S HAPPENING!" (that's WBTC on Ethereum, by the way) "The central bank of England cuts interest rates. BUCKLE UP!" "Cypherpunk legend Adam Back raises millions of dollars to buy bitcoin. HERE WE GO! 🚀" "Texas passes bill to enable the establishment of a Strategic Bitcoin Reserve. WE'RE GOING TO THE MOON!" "Michael Saylor announces another stonk to dump on investors to buy more bitcoin. WE'RE GOING UP FOREVER!"

A lot of people think my interview with Roger Ver was a turning point when I left the church of Bitcoin maximalism In fact, I started questioning it when the culture became obviously non-libertarian during the pandemic Asking Gary Gensler’s SEC to label everything other than BTC as an unregistered security Defending KYC & weird surveillance practices, by saying that at least the service is “Bitcoin only and doesn’t support any shitcoin” Slaying guys like Andreas Antonopoulos who honestly is the reason many of us stuck around Pushing idiots with nothing interesting to say to speak on conference stages just because they are “bullish” Shitting on projects that have been nothing but nice and supportive to Bitcoin (Litecoin, Zcash) and others that do what Bitcoin cannot (Ethereum, Monero) Replacing reason with dogma and enforcing everything with a weird sense of self-confidence that stalls progress Acting like any network upgrade is an attack, despite intensive testing on other compatible networks Vilifying developers to the point that they ragequit to build something else, while those who stay are incentivized to play along with the meme culture just to earn a paycheck Worshipping Saylor, who is against the values of Bitcoin’s early days Sucking up to politicians and selling out to government agencies because “everything is good for Bitcoin” and “Honeybadger don’t care” Pretending that a federation like Liquid is decentralized and the L-BTC token is actually bitcoin (the market chose Ethereum for this use case, lol) Repeating lies about Lightning Network’s success, when the project has been stagnating in terms of liquidity for years Acting like bitcoin adoption in El Salvador (mostly custodial, surveilled by the state) is going the way it’s supposed to and other countries should copy the same example Looking the other way while bitcoin payments get replaced by stablecoins and BTC adoption was in fact higher a decade ago Changing history and erasing the contributions of OGs only to appeal to institutional investors that may make the number go up (who still remembers Gavin Andresen or Mike Hearn?) Making up narratives on the go, manufacturing fake news in order to manipulate the market sentiment and get another pump Suppressing conversations about serious improvement proposals, which would help Bitcoin scale to 8 billion people and offer monetary fungibility Keeping builders away from Bitcoin with a hostile and cocky attitude which assumes victory before any significant battle has been won Not giving a fuck about the disappearance of privacy products & research (Ethereum raised millions of dollars to defend the Tornado Cash devs, while bitcoiners simply shrugged when Samourai devs got arrested) Normalizing a culture of complacency where you’re afraid of saying something wrong (or even remotely different from the social consensus) because you might just be excommunicated Promoting sheepish mediocrity while pushing away radical reformists (Paul Sztorc, Jeremy Rubin) Forgetting history (today was UASF day, does anyone still remember?) Never giving the benefit of the doubt to other networks that build cool shit, only because they have tokens which compete with bitcoin —————————- I could go on all day, but I am sick of the hypocrisy and double standards. Toxic Bitcoin maximalism is an inconsistent mess A fucking death cult that leaves no true Scotsman standing Though it may seem like a resilient culture, it ultimately leads to fragility via stagnation ————————

Pay close attention to the amount of denial that the Monero bros are showing in the aftermath of a 51% attack. It’s how bitcoiners will react in a few years when quantum computers become a serious threat.

My audio files have 200 MB plus and you want me to compress the video down to 100? 😅

Shitcoins have more soul than corporate Bitcoin

Nostr bubble bois are ngmi, I interviewed Werner twice already https://www.youtube.com/live/brVohvFNNVA?si=-Ed4hwvwu4_4of4p

Who do you think can speak about this objectively?

> computer scientists are stupid > it’s a fight for the “soul” of the project > dog whistle about the deception of fiat This guy is full of shit, has nothing of substance to say, appeals to emotion because he has no better argument than “soul”. Religious zealot virtue signaling

Big day tomorrow for the Bitcoin Takeover podcast! Will broadcast 2 episodes: S16 E40, part 2 with Cory Klippsten In which we’ll try to define Bitcoin maximalism S16 E41 with Yonatan Sompolinsky In which I’ll try to understand how Kaspa works Quite a juxtaposition!

Bitcoin could get built to be scalable and fungible before inviting the suits to gamble on it. How about that?

Simplicity recently launched on Blockstream’s Liquid federation, after being is development for about a decade. But is it really better than Ethereum’s smart contract scripting? https://youtube.com/shorts/L0nEtGli4gM?si=Qrll09iOb2femK-D

Bitcoin is Linux.

https://www.youtube.com/watch?v=HITTY7cqAWg

Unsolicited bull market advice: you don't have to prove anything to anyone while it might be tempting to show off to the people who made fun of you for believing in internet money it's really not worth it. they won't feel as bad as you did when they hurt you and you'll feel like an idiot for spending your money on something that doesn't really make you happy

Of course it does, the economy uses another asset that gets exchanged for bitcoin.