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1282 sats \ 32 comments \ @Taj 3h bitcoin

I've always been able to listen to Saylor talk in his shoulder shrugging, huff puffing way

Some would say he's a snake oil salesman and he not good for Bitcoin, others worship him as an idol

Lately I've been snooping over on X and following some of the Strategy pages and groups, partly because of @denlillaapan takedowns on here

And I wanted to look into it a bit more

I found this video uploaded yesterday

And I found some absolute classic Saylorisms:

Saylor on boomers and AI

When the boomers say, we don't want the students using the AI

Boomers: Well the problem is, the kids are using AI and the AI has given them answers, so we want to train the AI not to give them the answers

So if a kid got a jackhammer and jackhammered through the mountain, that's a problem because we really want the kid to bang away on a rubber mallet like we did.

These people are worried that this technology will work too well, so they need to dumb it down and make it woke

Saylor on the quantum threat

Intelligent people normally respond to challenges in an intelligent way, the only people that won't are just that part of the community that hate Bitcoin

And normally people that are spreading fud are usually trying to sell you something

Even @justin_shocknet should agree with Saylor on that one!

Saylor on the knots debate

We should be hyper hyper conservative about changing the protocol

And we should make sure that we have global concensus, when the entire planet believes that the quantum risk is a threat to not only Bitcoin, but also to defence and banking etc we should upgrade the network

But when you only have half the community saying it's a bad idea, we should slow down before we make any major decisions

If you wanted to undermine the network, the way you'd do it is, by infinite funding of highly qualified developers and tell them to improve it.

The lack of rapid change to the protocol is the feature not the bug.

Whatever you think of him, is up to you and I'm sure there's a Million conspiracies about his motives

I think his sentiment is in the right place but we shall see what the future holds.

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286 sats \ 20 replies \ @DarthCoin 3h

If you listen to Saylor you are a fucking moron.

80 sats \ 18 replies \ @Taj OP 3h

From Darth's pov I can sympathize with that 🫂

123 sats \ 17 replies \ @optimism 3h

What's by your estimate the difference between Darth's p.o.v. and your own?

100 sats \ 16 replies \ @Taj OP 3h

I'm coming into Bitcoin from the beginners side and I agree that self custody is the way, overall I'd say treasury companies, large banks, governments will cause problems eventually and people should look at it from a spectrum, you have beginners like me and og's like yourself and darth and one needs to follow the spectrum along the right path and not get caught out by the traps

333 sats \ 2 replies \ @optimism 2h

Although sometimes we have to make our own mistakes in order to learn deeply, it's good to think about what Darth is saying.

In this case: it's fairly easy to imitate a maxi, while literally printing stonks to buy bitcoin and building an L2 of greater fools, on top of stonk scams btw, not on top of Bitcoin. That last thing is probably the most important to understand. Without a printer (in this case stonks), Saylor's scheme cannot exist, but without Bitcoin, he can do it easily: just swap for precious metals or anything really that in the public's eye only has NgU potential. Therefore, Saylor has nothing to do with Bitcoin, he has everything to do with printing stonks. Like every other low life scammer in the ponzi industry.

100 sats \ 1 reply \ @Taj OP 2h

Thank you, that's a great explanation, I've read a lot of your responses on here and your highly knowledgeable on the technical aspects and the broader cultural points.

42 sats \ 0 replies \ @optimism 2h

I don't know if I'm that awesome, haha. I just have been lucky to think about this for a significant time.

Thanks though.

121 sats \ 6 replies \ @DarthCoin 3h

Always keep in mind what Saylor wants and is this: the homo rektus or homo fiatus

73 sats \ 5 replies \ @Solomonsatoshi 2h

And yet you resolutely boycott the MoE use of sats on Stacker News while posturing to be a Bitcoin Maxi who lives on the BTC Standard.

I say you are a fake and a hypocrit.

Actions speak louder than words @DarthCoin your actions are not those of someone who wants to and is living on the bitcoin standard- your actions are those of an arsemilking parasite hypocrit.

0 sats \ 3 replies \ @DarthCoin 2h

STFU IDIOT, you have no idea what are you talking about and you have no idea what is bitcoin. You are just a pathetic chinese gov agent here spreading bullshit.

0 sats \ 2 replies \ @Solomonsatoshi 2h

I have given you ample opportunity to explain why you refuse to enable your BTC MoE here on stacker news.

Your only reasoned response has been to call SNs a game and that you do not want to waste any of your precious sats by sending them to others. That is not a credible or consistent response from someone who has loudly declared they live on the Bitcoin Standard. That is not how BTC circular economies can be built- your cynical stingy attitude undermines the creation of circular BTC economy and you are undermining the strength of the circular BTC economy here on Stacker News.

You are a parasite and a hypocrit. I am not a chinese government agent - you are a lying cunt for repeatedly claiming I am...it shows how desperate you are to deflect from the facts I have raised and your blatant hypocrisy being exposed.

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0 sats \ 0 replies \ @BlokchainB 2h

Didn’t see this coming

Congrats to china on this one

121 sats \ 1 reply \ @DarthCoin 2h

I was also listening Saylor in the beginning in 2020-2021, just to see what is "his vision"... but from my POV not being fooled by his words. And I wrote this in 2021, where I pointed out exactly what Saylor wants: https://telegra.ph/LendingBorrowing-in-a-Bitcoin-world-07-05

I also wrote this: #446513

21 sats \ 0 replies \ @optimism 46m

Someone spread your Saylor @ Atlantis "review" because I remember being linked to it - before I decided to actually participate on SN. I think that was well received.

The "own all the bitcoin and then lease it out" goal is a nightmare scenario. We'll see.

21 sats \ 3 replies \ @BlokchainB 2h

Us small fries have no idea how global capital markets work. You can listen to all the macro in the world the system is so complex and so deep people just tend to say things they don’t have any clue about.

People who hate Saylor for buying coins and impressing his thoughts and opinions on an open permissionless protocol is wild to me. Not like he rugged people like SBF with FTX, BlockFi, and Celsius. He didn’t spin up scam tokens and convinced people to invest in it only to rug pull them.

He saw his company was stuck and decided to do something radical about it.

In this system we like to call capitalism if it is a good idea and drives value to the world then people will buy his stock and if it doesn’t well people can short it.

And if you truly hate him you can take your life savings and short the stock. Dont just say the hate live it with some action. But most haters won’t. They will continue to be keyboard warriors and think the world bends to their world view but sadly enough it doesn’t.

121 sats \ 1 reply \ @optimism 51m

Dont just say the hate live it with some action

Yes, action > words. It would of course be a scammers wet dream to pull a grift with zero opposition. Best if critics shut the fuck up while they build and let the grifters capture everything through air printing schemes and shitcoins, so that all is ultimately for nothing.

If you really see nothing wrong with what Saylor is doing, then it is pointless to talk about it. I cannot imagine that you honestly think this though, but I've been wrong many times in my life, so time will tell.

0 sats \ 0 replies \ @BlokchainB 4m

You confuse criticism with hatred. I never said Saylor can’t be criticized but hated? Why? Did he murder someone? Steal something?

Saylor is using the capital markets to raise capital and he’s buying bitcoin with it.

No one would give a damn about Saylor if he just continued to run his meh software business with no real way to compete with Microsoft and Google for growth. But because he’s using the company he founded and wants to issue shares on a public market and he is telling potential investors every day what he is doing he’s scamming?

If people get fooled into buying MSTR stock over Bitcoin then we need to do a better job of education but at the same time people have the right to buy what they wish.

0 sats \ 0 replies \ @Solomonsatoshi 1h

You do not understand the importance of Bitcoin as a P2P payment protocol. Saylor does not advance the use of BTC as a P2P payments protocol. He promotes it as a speculative commodity. There is a substantial qualitative difference that small fry like you do not understand or maybe don't care about and that is where you are Saylor are perhaps alike.

221 sats \ 0 replies \ @siggy47 3h

Note to self: include in updated translation guide😀

88 sats \ 3 replies \ @justin_shocknet 27m

Saylor on the quantum threat

I'm conflicted on his take

On the one side, quantum is a complete hoax and has been debunked by world-renowed computer science professors, there's no room for debate. Everyone fearing it should be called out has having been scammed, a scammer, retarded, or all of the above.

I'm pretty sure Saylor, as a top spook out of Washington, knows this.

But on the other hand, his position at the pulpit might warrant "It's easier to fool people than to convince them they have been fooled" and spread these platitudes about upgrading/freezing coins until the concern trolls exhaust themselves or are beaten down by reality.

My issue with the latter is it gives upgradooors a lifeline to portray Bitcoin as malleable by baseless FUD, which is imo a worse overhang than quantum itself.

17 sats \ 0 replies \ @Taj OP 23m

Great reply JS knew you'd be thinking on multi levels

0 sats \ 1 reply \ @SimpleStacker 24m

I don't have any issues with "quantum hardening", but what's this about frozen coins?

I don't think it's settled at all what to do with coins who don't upgrade to quantum resistant addresses.

0 sats \ 0 replies \ @justin_shocknet 22m

"quantum hardening"

Since there is no Quantum, hardening is just using new - and likely backdoored -encryption standards being pushed by the IC via NIST.

what's this about frozen coins

Lopp's BIP that would do exactly that seems to have overwhelming support on the Core repo... where dissenters are getting banned or their posts ghost edited.

42 sats \ 3 replies \ @denlillaapan 2h

don't get me wrong, my hating on him (usually/mostly because it's all Bitcoiner Twitter + financial press talk about these days!) isn't a comprehensive assessment of everything he's ever said. Some of it is correct, a lot of it is really, really good. Most of his interviews, i.e., the one with Jordan Peterson, are incredible

Like what you have gathered here.

Esp this, resonates:

But when you only have half the community saying it's a bad idea, we should slow down before we make any major decisions

0 sats \ 1 reply \ @Solomonsatoshi 2h

Would you zap someone who has deliberately disabled their SNs sats sending wallet so that they cannot ever do the same for you in return?

0 sats \ 0 replies \ @Solomonsatoshi 1h

SILENCE.

I will repeat asking this until an answer is provided.

0 sats \ 0 replies \ @Taj OP 31m

Agree Den, looking forward to the next FT rundown 😁

0 sats \ 1 reply \ @CruncherDefi 1h

Saylor also have blindspot. When he was asked about quantum threat he started talking about mining and difficulty adjustment.

While technically true, quantum does speed up mining blocks, quantum is all about breaking UTXOs private keys.

This one slip-up significantly reduced his legitimacy in my eyes.

0 sats \ 0 replies \ @standard_sats 52m

He told once very strange things about self custody but then corrected himself.

0 sats \ 0 replies \ @nitter 3h

https://twiiit.com/i/status/2001773260996784341