517 sats \ 1 reply \ @DiedOnTitan 17 Mar \ on: I'm losing my faith (II) bitcoin
Como estas? Just so I am clear on your key points:
- Continued issue with high fees in the Bitcoin network, with 10 sats/vbyte is the new 1 sat/vbyte
- Criticism of Michael Saylor and his nonsensical statements about Bitcoin
- Skepticism towards politicians like Bukele who hold Bitcoin, warning about trusting them
- Criticism of donating Bitcoin to state entities, calling them "repressive machines"
- Disappointment in Bitcoin OGs focusing on price predictions rather than the technology itself
- Skepticism towards the belief that 80% price declines are no longer possible due to ETFs
- Confusion over the push for L2s and sidechains as scaling solutions
- Criticism of the integration of Nostr technology in Bitcoin applications and wallets
I am not going to tackle every item in the laundry list of complaints, but I will offer the following: None of these issues impact bitcoin-core. These are all peripheral phenomena. Why would you let the "publicity" aspect shake your foundational belief that Bitcoin is sound money, and better than fiat? All this noise will pass, and in the meantime....tick tock next block™.
Underneath this veneer of frustration, there is something better emerging, so:
- Continue educating yourself further about the technology behind Bitcoin, its strengths, and limitations.
- Engage in productive discussions with the Bitcoin community to understand different perspectives and potential solutions.
- Support projects and initiatives that aim to address scalability issues
- Voice concerns and suggestions in a constructive manner to help drive positive change within the Bitcoin ecosystem.
I too am critical of sensationalist or misleading statements made by prominent figures, but don't let that cloud or frustrate the much more significant picture. Money is getting reinvented right now and we are in the thick of it....
Buena suerte