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320 sats \ 3 replies \ @028559d218 OP 23 Oct \ parent \ on: Bitcoin PSA: It's Helpful and Important to Define Terms Before We Lose Our Way bitcoin
I read the whole article from dergigi I love it. Thank you for posting it.
My post was to point out the frustrating eternal september out there, the lack of education of terms... and the way people 'manipulate' those terms for their own benefit. The article mentioned "un-hosted wallets" as a really deceptive term. It's not a wallet at all actually that's 'hosted' at an exchange... it's just an account on an exchange that's an IOU.
The 'ordinals', the innovation of 'ordinals' and 'rare sats' and 'nfts', the use of bitcoin as 'not-money', as well as the advocacy for all these 'use cases' that are not money and are overwhelmingly inferior, or scams, or both. It just gets so old.
And I also am honestly a little impatient when I read certain comments about 'buying bitcoin for the money'... Bitcoin is the money that's the whole point. So I guess people mean buying it to ride the exchange rate up short term and then sell it for fiat?
If they don't believe in it any more than that, and haven't studied it to appreciate 'Bitcoin the money' (TM) then they probably shouldn't be buying it to begin with imo.
The whole thing looks really scammy to the public and there is a dire need for better education. It's even made more confusing when a significant number of ****coiners say that 'lightning doesn't work' or 'lightning is trash'...
If it doesn't work, then how does Stacker News work? How the **** am I receiving and sending Sats over and over? It's just a desperate lack of education, transparency, and honesty from the crypto space as well as from some regulators and politicians. Some of it is quite devious, and the lack of standardized information makes real value4value adoption more painful than I wish it were.
Your term for crypto investor is actually how I use the word "moonboi" interestingly enough.
But yes in addition to the technical terms that have been subverted, we should also clearly have a name that defines us specifically. Right now its "Bitcoin maxi" lmao
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I mean... right now because SN is custodial, no? (like the WoS point you made above)
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Yes. I do not refer to SN as a wallet. Its annoying when people call SN a wallet.
The goose in the discord I'm in suggested "signing software"
Blixt signer, Pheonix signer, electrum signer.
Might create a few polls later see what words we like.
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