psychotic drama queens ... dancing on the graves of word-class devs leaving Bitcoin.
The irony. Can't make this shit up.
scam coins are marching on, and even fiat is evolving. a centralized stablecoin on a permissioned chain
The post is even more ironic given that his claim to fame is a neobanker IOU mint/shitcoin layer, just as often used for stables/dollars as it is Bitcoin, and every bit as permissioned.
in a race
Not understanding Bitcoin at all would be fine, were they consistent with the Cashu larp.
Cashu is acceptable to most because its a potential means to settle at Bitcoin, USDC is no different than his ecash shitcoins. You can use USDC to buy Bitcoin just as you can use Calle's shitcoin mints to buy Bitcoin.
There's no race. The only feature of Bitcoin that really matters is the irrepliceable ∞/21M.
Let the world use Visa, Stables et al to move mundane amounts. It doesn't matter what people use for that, only matters that Bitcoin is the unit by which they are ultimately measured as the world reserve currency. How those mundane revenues are stored over time.
Tether and Coinbase hold more Bitcoin than Calle ever will, perhaps they understand something Calle doesn't.
building things that don't sacrifice decentralization and self sovereignty is hard
Indeed, but Bitcoin doesn't need these things... Bitcoin is. Bitcoiners who maximally want to leverage its benefits do.
These tools are useless to people that don't care to maximally leverage its benefits.
the real question we should be asking is what us the minimum number of people we need to use Bitcoin so that it retains robust censorship resistance?
Emphasis on retains.
If no new tools were built for Bitcoin, would the censorship resistance go down from here?
Or does the gravity-well of liquidity and network-effect trap everyone in its orbit while pulling even more towards the singularity?
The number of Bitcoiners who have never read this is too damn high.
The irony. Can't make this shit up.
The post is even more ironic given that his claim to fame is a neobanker IOU mint/shitcoin layer, just as often used for stables/dollars as it is Bitcoin, and every bit as permissioned.
Not understanding Bitcoin at all would be fine, were they consistent with the Cashu larp.
Cashu is acceptable to most because its a potential means to settle at Bitcoin, USDC is no different than his ecash shitcoins. You can use USDC to buy Bitcoin just as you can use Calle's shitcoin mints to buy Bitcoin.
There's no race. The only feature of Bitcoin that really matters is the irrepliceable ∞/21M.
Let the world use Visa, Stables et al to move mundane amounts. It doesn't matter what people use for that, only matters that Bitcoin is the unit by which they are ultimately measured as the world reserve currency. How those mundane revenues are stored over time.
Tether and Coinbase hold more Bitcoin than Calle ever will, perhaps they understand something Calle doesn't.
Indeed, but Bitcoin doesn't need these things... Bitcoin is. Bitcoiners who maximally want to leverage its benefits do.
These tools are useless to people that don't care to maximally leverage its benefits.
Emphasis on retains.
If no new tools were built for Bitcoin, would the censorship resistance go down from here?
Or does the gravity-well of liquidity and network-effect trap everyone in its orbit while pulling even more towards the singularity?
The number of Bitcoiners who have never read this is too damn high.
https://nakamotoinstitute.org/mempool/speculative-attack/