Will bitcoiners be the hated class of the future? \ stacker news ~bitcoin

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Will bitcoiners be the hated class of the future?

967 sats \ 54 comments \ @stack_harder 22 Nov bitcoin

Ok, so as life gets harder, governments remain incompetent and fiat keeps losing its value, bitcoin will continue to win and get stronger, I have zero doubt.

that being said, I can totally see a scenario where people, even though they were willfully ignorant and even though they were warned, will focus their hate and frustration on future bitcoiners. Maybe our grandchildren will be on the end of this hate.

People will say it was all luck, it's not fair, and would probably love it for the state to try and do a little 'reallocating'.

Most no-coiners already kind of hate us because they just see MSM and think we're the same as crypto bros (maybe some are, but not all), they have a buttcoin mentality and won't cope well as bitcoin keeps gaining more and more adoption across the globe.

How do you think things will pan out?

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27 sats \ 0 replies \ @benthecarman 22 Nov

The rich are always hated. Tbh I don't see bitcoiners hated as much because all we did is talk about it

69 sats \ 1 reply \ @Imyourfed 22 Nov

Bircoiners will face hatred especially from those who feel left behind. People often blame others when they’re frustrated lol

I really have no idea how will this even pan out? Because huge majority will always feel it's too late and this will eventually end up hating Bitcoiners.

0 sats \ 0 replies \ @stack_harder OP 22 Nov

even bitcoiners hate other bitcoiners lol, not just the bcash and VOS people lol

44 sats \ 0 replies \ @denlillaapan 22 Nov

TRULY.

Jeez, fucks

46 sats \ 1 reply \ @knorozov 22 Nov

Just like the group 'internet users', everybody is going to own bitcoin. People move on, new generations will come and adjust to the new reality. Don't worry. Just don't flash, brag or be arrogant, but that's always been true.

1 sat \ 0 replies \ @stack_harder OP 22 Nov

this is a good point, i hope the younger generation will just be natively born into it and find it amusing how previous generation like Schiff were hating on it for so long

37 sats \ 1 reply \ @TheWildHustle 22 Nov

For a while I was of the opinion that we would be hated and targeted.

Nowadays I'm thinking we might end up shaping culture.

0 sats \ 0 replies \ @stack_harder OP 22 Nov

true, although, unless blackrock takes over and does a fork and they use their muscle to shape it. fuck that would be terrible

15 sats \ 0 replies \ @SpaceHodler 22 Nov

The set of bitcoiners will be equal to the set of humans. Those who got in earlier will be envied by those who got in later.

15 sats \ 1 reply \ @creativityisoverrated 22 Nov

IMHO it depends. If it will end up just as store of value, Bitcoiners won’t be so much different than “Golders”.

0 sats \ 0 replies \ @028559d218 22 Nov

I don't know about that.

32 sats \ 2 replies \ @darwin 22 Nov

ECB folks are already writing "papers" about it: https://twitter.com/TuurDemeester/status/1847512241173582058

They are predicting a division of society if bitcoin is allowed to rise in price.

0 sats \ 0 replies \ @stack_harder OP 23 Nov

yeah, i remember when they came out with this report, such unbelievable rubbish, like on the one hand they are saying it's shit and going to zero and dangerous for people to have, then on the other hand saying it's unfair for people that didn't get in early.

funny, they don't worry about people who bought facebook or apple stock early or the fact only privileged VCs were able to get in early etc

0 sats \ 0 replies \ @nitter 22 Nov bot

https://xcancel.com/TuurDemeester/status/1847512241173582058

32 sats \ 15 replies \ @Fabs 22 Nov

I'm absolutely with ya, but on the other hand: Single women will love us! 🥲❤️‍🔥

33 sats \ 6 replies \ @stack_harder OP 22 Nov

110 sats \ 5 replies \ @Fabs 22 Nov

I'm actually thinking about going to Thailand next year, but not for the reasons one might think; We have an apartment there, my dad practically lives there half of the year and the rest takes turns to go there, so I'll join them for once, been years since I left town. 🙂

0 sats \ 4 replies \ @stack_harder OP 22 Nov

as long as you stay away from soi 6 in pattaya, you'll be fine lol

10 sats \ 3 replies \ @Fabs 22 Nov

What do you think where the apartment is? Pattaya.

I've already heard some things about that street as well, haha! 🤣

0 sats \ 1 reply \ @stack_harder OP 22 Nov

i thought i better specify in case there was another scandalous soi 6 somewhere else in Thailand lol

32 sats \ 0 replies \ @Fabs 22 Nov

Scandalous? Man get treated like kings there! /$..

0 sats \ 0 replies \ @Fabs 22 Nov

At least I think, Ive often heard Pattaya come up in convo's, which is why I think it's there...

53 sats \ 7 replies \ @ek 22 Nov

us or our bitcoins?

0 sats \ 6 replies \ @Fabs 22 Nov

Our Character! /$...

105 sats \ 5 replies \ @ek 22 Nov

Or maybe your pouches 👀

33 sats \ 4 replies \ @Fabs 22 Nov

Oeh! @ek'kie dekkie doe, what would I do without you?!

They're a pain in the ass, but starting to get shape.

346 sats \ 1 reply \ @anon 22 Nov

1 sat \ 0 replies \ @Fabs 22 Nov

🤣🤣🤣 That made me laugh-out-loud, saved!

0 sats \ 1 reply \ @ek 22 Nov

what would I do without you?!

chop wood, carry water

0 sats \ 0 replies \ @Fabs 22 Nov

Nah.

22 sats \ 2 replies \ @Jon_Hodl 22 Nov

I think within a generation, everybody will be well accustomed to bitcoin and be so familiar with it that it wont be hated at all like the cantillonaire class of today.

In order to get bitcoin, you have to do work. In order to get fiat, you just have to be closer to the money printer than others.

In the future, bitcoin will require bitcoiners to continue to produce work or spend their sats on food water, shelter, transportation, etc. Bitcoiners won't be hated. We/They will be the normal working class.

21 sats \ 1 reply \ @stack_harder OP 22 Nov

i suppose people will decide if you are the cantillation class based on the fiat price per coin price when a person got in.

like to me, the 2k crowd were 'early' even though i could have been there, then one day, people will say the people that came onboard at 100k were the lucky class etc

might see some grandkids inheriting crazy sats

0 sats \ 0 replies \ @Jon_Hodl 22 Nov

Yeah, this is where I see privacy taking the front seat. I don't want anyone to know that my posterity has any meaningful amount of sats.

11 sats \ 1 reply \ @jgbtc 22 Nov

Two things give me hope:

Bitcoin slowly starves the beast. So while bitcoiners are getting wealthy, the institutions that work to propagandize and turn people against us are constantly getting weaker.
It's fairly easy to keep a low profile as a bitcoiner. Definitely do not be public about it. All the public bitcoiner personalities should definitely be worried.

0 sats \ 0 replies \ @stack_harder OP 22 Nov

i think they probably have plenty of money to have a good security system set up etc , maybe not so much the lower level influencers.

11 sats \ 0 replies \ @TNStacker 22 Nov

Jealousy and envy are unavoidable human conditions.

10 sats \ 4 replies \ @DesertDave 22 Nov

No. Because bitcoiners have the incentive to make the world better. I don't think it's natural for people to "hate" others simply because they have more. It's a lot of years of broken money that sets up this condition.

11 sats \ 3 replies \ @stack_harder OP 23 Nov

im pretty sure even in a tribe that trades shells and commodities, there would be the jealousy of men and women who had access to more resources. a broken money system has just added a ton of fuel to the fire

0 sats \ 2 replies \ @DesertDave 23 Nov

How could anyone know. We have never had perfected money before.

11 sats \ 1 reply \ @stack_harder OP 23 Nov

becuase even with perfect money, someone will have more of it and any time someone has more of something, anything, it can illicit jealousy or envy. it's just human nature

0 sats \ 0 replies \ @DesertDave 23 Nov

Maybe. My point is how would we know? It's never been done before. I don't think it is human nature. I think it's learned. Little kids who are raised to be giving, are giving. I think jealousy is learned. I could be completely wrong. It's just a thought.

10 sats \ 1 reply \ @flat24 22 Nov

It is a fact that those on the left are the most likely to fall into this parasitic vision. "It's not fair, take from him and give back to the poorest"

0 sats \ 0 replies \ @stack_harder OP 22 Nov

they 1000% will

10 sats \ 3 replies \ @BallLightning 22 Nov

I must admit that I have seen many bitcoiners (in the internet, not in real life) that support bitcoin with the same arguments that shitcoiners support their own shitcoin. Yeah, these people are on the right side, but not due to them gaining knowledge. So for them calling them lucky won't be far from the truth.

Anyway, luck or not, hate from other people will be due to plain old envy, nothing more.

I would advise people to stack bitcoin for themselves, not to gain other people's admiration. I would go as far as to advise the opposite - to hide that you have bitcoin. This plain old envy that i mentioned can sometimes be dangerous to the successful person.

0 sats \ 2 replies \ @stack_harder OP 22 Nov

envy + desperation are lethal , i don't talk about bitcoin for example irl

10 sats \ 1 reply \ @BallLightning 22 Nov

That is good. But many people crave the validation from others (see, I was right) or want to "win" the superiority contest (by showing others that they are more successful. In the later case they even gain satisfaction from others envying them.

But it is best if one doesn't give in to these desires (if one has such desires in the first place).

0 sats \ 0 replies \ @stack_harder OP 22 Nov

yes, unfortunately, many people have the desire to flex. luckily i couldn't care less :)

in the 90s my wife's mum ran a stall at a market in Russia and the successful merchants that bought fancy coats were the first to get extorted and some even killed. they have a good saying - 'money likes silence'

10 sats \ 2 replies \ @039e7a238d 22 Nov

Not likely.

ATM bitcoin's market cap is 2T. Even 100x from here won't bring it to the levels of the stock market.

There's been very little (or at least manageable) hate towards the stock owning class in the past.

Just imagine stock market doubles. The wealth effect is much much greater in absolute terms. Still past doublings have not caused hate towards the stock owners.

0 sats \ 1 reply \ @stack_harder OP 22 Nov

this is true , i've never seen a stock hater, but that's probably because stocks cover all sorts of companies and most people in the US at least have exposure via a 401k

bitcoin is just the one thing and tends to illicit very negative reactions, like Buffet calling it rat poison etc

0 sats \ 0 replies \ @039e7a238d 22 Nov

Sure. Still the relative effect will not be even as large as pumps in the stock market in the past - even in case of 100x . 100x is going to take some time and people will adapt. Most people (in developed world) will own bitcoin at that stage.

1 sat \ 0 replies \ @Wefa910 22 Nov

We will definitely face hatred and envy because of their frustration.

0 sats \ 0 replies \ @OT 22 Nov

Yes

I can sense it.

0 sats \ 0 replies \ @guts 22 Nov

Blackrock will put its propaganda machinery to work for normies accept Bitcoin and other Blackrock tokens bag. It will work because most people are really easy to influence by the elite.

0 sats \ 0 replies \ @Satoshi__Nakamoto 22 Nov

Jeez hell no