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High mempool fees = big money buy wall ?
51 sats \ 1 comment \ @0348090484 19 Dec 2023 bitcoin
While listening to the panic all around onchain fees, I've been thinking myself about some weird scenarios. After a while now, it feels like a mainstream thing to say it's an attack, but noone can explain the why?
I'm spitting my thoughts on this. Suppose the reaction will be to bury it as ridiculous.
Market controls, it's an old trick. Market-makers, daytraders, ect. use the tools developed on daily basis.
The bitcoin network block space is identified as the most scarce asset. Now it's more talked about this, but still the majority doesn't care, doesn't understand. Or, cannot comprehend that within a hard asset like bitcoin, there is another one tucked in. Limited bitcoin supply, and coinbase mechanic, doesn't provide any possibility to control the market flow in a short term. But the block space is the shortest time lever that is possible to take under control. Approximately, every 10 minutes.
I'll make it here TL:DR version, no time for longer form at the moment. Hope it can spark some conversatiohn, before I'm able to write the long form.
  • attack from shitcoiners, to keep their projects alive/ Or, is it:
  • a form of a buy wall for plebs to be unable to stack small amounts before US ETFs start running
Hope this makes any sense. Please gib your thoughts on this.
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0 sats \ 0 replies \ @987654321 19 Dec 2023
We can never underestimate how much smarter some other people are. For me I'm discovering that I'm barely a functional nose picker. That's what waking up is about.
There are some very intelligent people who are not only intelligent but able to work in groups. This is conspiracy. The term conspiracy means "breathing together" like the term respirator is breathing.
The ones connected to the money system are masters of symbols. Mostly the symbols are mockery of the occult and spiritual principals.
Once something is deemed sacred then it is appropriated for mockery. Extracting wealth from the sacred is a very old game. Jesus turning over the tables and whipping the money changers is an example of rebellion but mostly it is a clue to disrespect the disrespectful. No one died in that incident but many were humiliated. Even if it didn't happen the humiliation was put out there.
The deep dark secret of the dark occult is that they don't need money. They only need subjects who are mind controlled. The subjects are mules or dogs.
With the game theory of Bitcoin the hope for a knuckle dragger such as myself is that the theory is part of a divine plan where natural law is in charge and the mechanisms are subject to this law. That's dogma, faith and hope. What can not be confiscated is skill. Personally I work on what I can and not what I can't.
A buy wall is fine. There is no earning wall! Already there are plenty of Satoshis that we can earn by our skill. If no one wants to pay us in Bitcoin for our skill and we only have to buy Bitcoin with Fiat, then there is your sign!
Bitcoin is a skill in itself. This skill is a system where the money changers have to learn and participate but right now they are just printing money (digitally) and miners are accepting the Fiat to pay for energy. Kilowatts are action. Even slaves are measured in kilowatts of production.
We're looking at an attack on skill not Bitcoin. It's DADA art. It's communism. It's not a problem. It's a reality. We are in a world that is all about suffering and redemption. This is why we see many cross discipline Bitcoin plebs.
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