ODELL accuses Saylor of threatening ETFs for Funding Open Source \ stacker news ~bitcoin

ODELL accuses Saylor of threatening ETFs for Funding Open Source primal.net/e/note1snfrj747huaw8kn4yyd7tjfljhqxcydetuj0yfmjk04hdm6hmr9qcum039

5064 sats \ 46 comments \ @kepford 9 Apr bitcoin

ONE OF THE BIG ETFS WAS GOING TO DONATE TO OPEN SOURCE DEVS.

SAYLOR TOLD THEM IF THEY DID IT HE WOULD CRUSH THEM SO THEY PULLED OUT OF THE COMMITMENT.

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699 sats \ 21 replies \ @grayruby 9 Apr

Odd. Bitwise and Vaneck already donate to Devs. Hard to imagine Saylor could crush Blackrock or Fidelity. Big fan of Odell but would like more info on this because it doesn't make sense.

267 sats \ 4 replies \ @orthwyrm 9 Apr

What does "crush" even mean in this context?

105 sats \ 2 replies \ @grayruby 9 Apr

I am guessing talk badly about them publicly. I don't know what other effect he could have.

63 sats \ 0 replies \ @orthwyrm 9 Apr

That's kind of what I assumed, too, but the choice of words seems too dramatic for that.

30 sats \ 0 replies \ @kepford OP 9 Apr

I know what people mean when they say bitcoin doesn't have heroes but if they mean the community that's nonsense. The bitcoin community has many heroes and hero worshipers. People that are just followers. That's just human nature.

I do think Saylor could sway many people who call themselves bitcoiners in different directions.

92 sats \ 0 replies \ @kepford OP 9 Apr

Who knows.

271 sats \ 3 replies \ @k00b 9 Apr

I thought he was joking tbh.

53 sats \ 1 reply \ @grayruby 9 Apr

Oh a new contender. That would make our speculation game a lot less fun though.

0 sats \ 0 replies \ @k00b 9 Apr

deleted by author

64 sats \ 0 replies \ @kepford OP 9 Apr

I did as well. Actually I was wondering if he lost control of his private key...

He seems to be doubling down though.

104 sats \ 2 replies \ @kepford OP 9 Apr

Odell is light on details. I'm intrigued.

57 sats \ 1 reply \ @grayruby 9 Apr

Unless the implication is that it was Bitwise or Vaneck and they went ahead anyways because Saylor was acting as an agent for Fidelity and Blackrock who are his largest shareholders as Darth points out.

That's a possibility. Blackrock and Fidelity don't want to donate to devs and know that funds that do will get some of the AUM that would have went to them. That seems feasible to me.

50 sats \ 0 replies \ @kepford OP 9 Apr

Yeah, that sounds plausible.

328 sats \ 6 replies \ @benthecarman 9 Apr

its true, have heard same rumors in the background

43 sats \ 4 replies \ @k00b 9 Apr

I could see Saylor being pro-ossification.

106 sats \ 1 reply \ @benthecarman 9 Apr

yes that's what i hear, but you can still fund open source devs while being pro ossification

53 sats \ 0 replies \ @k00b 9 Apr

He has to know that. Maybe he's afraid of Bitcoin becoming more private or something.

30 sats \ 1 reply \ @kepford OP 9 Apr

Was thinking the same thing. There could be ideological reasons. Ones I would probably disagree with.

53 sats \ 0 replies \ @k00b 9 Apr

I'd guess he's just too exposed and risk averse.

28 sats \ 0 replies \ @kepford OP 9 Apr

Its become very clear that many bitcoiners have heroes and don't like it when people say negative things about them. Bitcoin is a teacher. If we fail to learn a lesson we are cursed to repeat it.

93 sats \ 0 replies \ @DarthCoin 9 Apr

Saylor is their puppet... is the "frontman" https://finance.yahoo.com/quote/MSTR/holders?fr=yhssrp_catchall

100 sats \ 0 replies \ @ek 9 Apr

Big fan of Odell but would like more info on this because it doesn't make sense.

Glad to see a lot of people on nostr asking for more info too.

Maybe @ODELL is just trolling twitter now, lol. Seems to be an explanation more reasonable than the accusation itself:

A lot of the influencers on twitter are using this post. But also, a lot of ppl are asking where you got this info??

When you troll the twitters from afar this is what happens. lol

I am requesting a response please

104 sats \ 1 reply \ @dgy 9 Apr

There are no heroes in bitcoin.

Seeing and defending Saylor as savior is fiat mentality seeking for a duce.

He maneuvered himself into a position in which he has partly to play the fiat game aka. using words like compliance, governance etc. in order to not be immediately taken down. He is target of the fiat counterstrike. Expect even more weird things there.

20 sats \ 0 replies \ @kepford OP 9 Apr

There are no heroes in bitcoin

This is both true and false depending on how you look at it. Bitcoin doesn't need a leader/hero. But, humans really like worshiping heroes and it is obvious that Saylor is a hero for many.

To much less of a degree Odell is a hero for many. One thing I have learned over the years is that all humans are flawed and people disappoint you. Don't make heroes out of people in general.

I don't pretend to know if either Saylor or Odell are good/bad. They both have said things I agree with and things I disagree with. Saylor is a minarcist and clearly plays the fiat/state game. Only time will tell.

Think for yourself. Don't trust, verify.

273 sats \ 3 replies \ @DarthCoin 9 Apr

As I always warn you guys... NEVER FORGET WHO IS BEHIND SAYLOR !

Who is actually the real owner, master of puppet Saylor. https://finance.yahoo.com/quote/MSTR/holders?fr=yhssrp_catchall

Remember my old post about Saylor: #446513

This is what Saylor wants for you...

48 sats \ 1 reply \ @jgbtc 9 Apr

Isn't funding devs just as much of an attack vendor as not funding them, if not more? Seems like cia would want a few devs in its pocket, and it might accomplish that indirectly through Microstrategy.

10 sats \ 0 replies \ @kepford OP 9 Apr

It could be of course.

83 sats \ 0 replies \ @kepford OP 9 Apr

No heros. No idols. Only bitcoin. Don't trust, verify.

41 sats \ 1 reply \ @podconf 9 Apr

https://twitter.com/_podconf/status/1777698090901729615

65 sats \ 0 replies \ @podconf 9 Apr

33 sats \ 0 replies \ @BitByBit21 10 Apr

This was confirmed by Samson Mow with some nuance:

Heard the same. Crush may be a bit overdramatic though.

https://njump.me/nevent1qqs8urwwnj2wa7en2qsk9xqqtnua8xep3ftptg3s28umgky5yv2tvkcpzamhxue69uhkummnw3ezuendwsh8w6t69e3xj7szyrymr8lu6slx5herk0f8zpkwr8j26t0cnwssx8w5v9l3kkg7zzyk2qcyqqqqqqgmru5z7

33 sats \ 0 replies \ @OriginalSize 9 Apr

I heard the accusation and Matt doesn't want to provide evidence. My gut tells me he's being truthful.

If I were buying an ETF it'd be one that supported devs, but I also understand as many seem not to, that devs can only implement code. They can't get it deployed. Devs flesh out the options but it's users who decide on policy.

33 sats \ 1 reply \ @Car 9 Apr

Is this a bugle post? I’m so confused.

0 sats \ 0 replies \ @kepford OP 9 Apr

This is why I posted it here... what is going on!?!

0 sats \ 0 replies \ @jtwoodhouse 9 Apr

Bold claim. I have not seen any receipts yet.

620 sats \ 10 replies \ @justin_shocknet 9 Apr

Meanwhile his NGO takes donations for meant for Bitcoin devs and misappropriates them to astroturf digital dollar projects

Very spooky

30 sats \ 9 replies \ @kepford OP 9 Apr

Don't take autonomy away from donors. People choose to send sats to OpenSats. Personal responsibility.

Not sure what is spooky about eCash if that is what you are talking about. People disagree on these things but it doesn't sound spooky to me.

330 sats \ 8 replies \ @justin_shocknet 9 Apr

People donate to OpenSats to support Bitcoin Development, Sats is literally in the name... and they've been scammed.

Donors have the right to know they've been scammed.

ECash is already gets hundreds of millions invested while its projects work to obviate the Lightning payment spec and centralize the network. It doesn't need donations, yet it gets them, shilled by the same influencers with a history of shilling honeypots.

It also coincidentally checks the boxes for the ECash Act (digital treasuries) which was written as an RFP... it's all in plain view. ECash being digital dollars is an Art-of-the-deal-esque CBDC-lite, not Bitcoin.

If it doesn't sound spooky then listen closer. Like it or not, Bitcoin is the third industry. Just like the Defense and Energy sectors before it, it's a spook battlefield and probably always will be.

60 sats \ 2 replies \ @chairman_pretense 9 Apr

You can donate directly to projects on opensats, not just the general fund.

0 sats \ 1 reply \ @justin_shocknet 9 Apr

Genius insight

28 sats \ 0 replies \ @chairman_pretense 9 Apr

Thanks

69 sats \ 4 replies \ @kepford OP 9 Apr

I think you are missing my point. People that donate to OpenSats can view the web site and see a list of projects that is being supported. They aren't hiding the fact they support projects you disagree with. Additionally they can review the non-profit's reports each year if they don't trust the web site. If they don't trust either they can keep their sats.

The attitude you are expressing is the same justification expressed by governments. We are all being scammed by bitcoin! We need someone to protect us. We are all to stupid to make our own choices. We all make our own choices and should do our own research. Don't infantilize bitcoiners. That's what I'm saying.

What you are saying is an opinion that many probably share. Others probably do not.

120 sats \ 3 replies \ @justin_shocknet 9 Apr

The attitude you are expressing is the same justification expressed by governments

Says you, who is literally trying to stop the spread of this information. I state a fact, you say I shouldn't because people could know it if they looked into it.

Sounds very FOIA / Class-Declas to me.

Seems you don't want people looking into it more? Maybe we could question your incentives? Why don't you want donors to know they're being scammed?

161 sats \ 1 reply \ @kepford OP 9 Apr

I actually linked to the page with the list.

I have no power over you. Don't play the victim. Write up a post about how people shouldn't send sats to OpenSats.

20 sats \ 0 replies \ @justin_shocknet 9 Apr

Did that page exist before they took donations? No.

You'd have a point had they called it OpenFiat, the ECash investments came after donations rolled in.

Write up a post about how people shouldn't send sats to OpenSats

Know your battle-space, drip > flood

10 sats \ 0 replies \ @030a29f333 9 Apr

You sound deranged man. Nothing he said is incorrect.