248 sats \ 6 replies \ @siggy47 OP 4 Mar \ parent \ on: The Catalyst That Could 'Standardize' Bitcoin bitcoin
I'm glad you raised this. Your point is really what depresses the hell out of me about Kreuger. This dismissive "grow up, the big boys are in charge now" , while Anita Posch is working each day to help the global south play catch up. The ETFs have exacerbated all this obviously.
If I were to rebut myself, I would say something like:
The distribution of the future system will be drastically skewed toward the people who are winning in the current system, just as always; but, once the new system starts, that skewed distribution will smooth out, and no state manipulation can keep it from smoothing out, and that's better than we've ever had before.
Which I believe. But it's a more nuanced point than I am accustomed to hearing, which really gives me pause. What will the backlash be, when rich assholes continue to parade around being rich assholes, except they've got massive gainz from btc? Does the whole maxi community implode? Or are they cool, bc now their god-kings are amongst the elite?
And the angry guy who works at a gas station, who made a little money with btc, but is still at the bottom, what's his story going forward?
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No easy answers, but these are important questions we should think about now.
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Did you see Krueger's crass, attention seeking attack on Lyn Alden yesterday ?
Lyn responded with her usual grace, but also smacked him down (and brought the receipts).
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I did not see this. The tweet would have been fine without that gratuitous Woody Allen crack at the end. The term smug douchebag comes to mind.
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That's also the term that came to mind for me.
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Man, Lyn is impressive. I can't offhand think of another person who, each time there's a dustup, I come away thinking of more highly. Quite a role model.
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