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I dunno man.

I'm super bearish, lately, for many different reasons.

What I keep reminding myself is that there are no serious alternatives. Gold (and all monetized metals) has, and will fail as a serious fiat threat. Equities and real-estate are riddled with counter-party risks and corruption. Bonds are even worse. There are no other cryptocurrencies that even come close to Bitcoin for security, decentralization, and fair distribution.

So, yea.... I kinda dislike Bitcoin right now, and especially this fiat-brained "Bitcoin community" we find ourselves in. But what's the alternative? Where can a bear go?

43 sats \ 1 reply \ @optimism 1 Aug

Do you still think that intrinsically, Bitcoin is a good idea?

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Absolutely 100% without a doubt in my mind - read my reply to fiatbad above :)

Humanity 100-1000 years from now will view this time period as the beginning of the new age of civilization.... I have no idea how long this period lasts - but we all have the opportunity to "carpe diem" and build the future we want to see upon this protocol we call Bitcoin...

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Your mention of no serious alternatives is a good one (and reminds me of Bitcoin T.I.N.A. (There is no Alternative) from a few years ago - though he may be back?)....

An alternative will pop up in the future - of that you should be assured.... The world is full of very smart people doing very smart things and much like the Black hat/White hat hackers working on Bitcoin right now - there is a certain beauty in the world of these dichotomies and an elegance to the dance of good and evil. (Though I do not believe in such absolutes as good or evil - I do believe in the perspective or consensus of what humanity considers good or evil)

Humans on both sides of Bitcoin will likely be fighting over it for a very long time - I believe we are at the beginning of the next chapter of growth and flourishing as a result of Bitcoin overwriting the base layer of value communication for us all. The resulting freedoms will allow humans to flourish in ways only dreamed of by our ancestors.

I think as a bear you can look in the mirror and ask yourself what world you want to work/build towards... and work towards that.

Afterall - all of us are nothing but the reflections of all the input we receive from those around us.

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