No one called out Swan as consistently and comprehensively as I did for the past couple years. Many people were ahead of me for narrow concerns that were not true condemnations in enough regards that doomed there business (e.g. KYC).
Now, if you want to find my various comments you can, but that's not what matters here. I have more to offer in this post than just a victory lap. There is an important takeaway here, which is WHY do some people get these things more right than others?
Because I was actually fucked by Cory and Swan sucking the oxygen out of the room, making it difficult for me to raise capital from bitcoiners for something that actually fucking mattered. What I encountered was Fiat on Bitcoin so to speak, for the psychology and failures perfectly mirrored those of the fiat world, with the usual mirror neuron rich types circle jerking -- if you were among those, you are spiritually fiat.
So when I am interested in bitcoin, it is different from your interest. Because I am part of the critical path of life itself and was slowed down by fiat, whereas the overwhelming majority of people are not. This is just an objective fact, but some people get weirdly emotional about this point, which ironically is a sort of disinterest in truly understanding why bitcoin matters.
Bitcoin fixes everything because it makes retards and circlejerkers shut the fuck up and get out of the way. Until fiat is dead, they are still in the way. Until fiat is dead, the "bitcoin industry" is run by fiat economics, in fact, more so than aerospace and defense, since that has physics to keep the fiat from being too detached from reality.
Bitcoiners will mostly not be inherently superior from the get go, they might, but it does not make sense to presume it likely. Instead, they will be made to shut the fuck up via skin in the game by the fact that bitcoin can be used in a retarded fashion only once, but the idiocracy shall continue until fiat dies, plus a few decades for the bulk of the retardation to bleed out.
Fuck most of you.
100 sats \ 0 replies \ @anon 23 Jul
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100 sats \ 0 replies \ @fm 23 Jul
Until fiat is dead, the "bitcoin industry" is run by fiat economics
pretty much
but the idiocracy shall continue until fiat dies,
If it dies.. usually they just replace a dying one with a new
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Is the business doomed? Or did Cory get ahead of himself thinking he could buy his way into growth and use the tailwinds of the bull market to go public and enrich himself?
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