I heard this hot take over the holidays from a family member. He was trying to provoke me (this time I did not bring it up) for he knows I'm anti-alt. He happened to make some money on some other chain. Anyway, we'd had a few beers at this point, and the night was ripe for provocation!
After talking for a bit he said he doesn't trust bitcoin. I was shocked hearing that come from a an altcoiner:
"Bitcoin could be a psy-op designed to drive up demand for fiat and it's only going to benefit the oligarchs."
Basically, he argued that there's no real use case for Bitcoin other than store of value. He also seems to think that because we couldn't order a pizza with Bitcoin that it it's MoE use case is moot.
I told him about lightning payments and how there are already Bitcoin circular economies and marginalized communities using Bitcoin as a vehicle for freedom.
Also, I mentioned that it would be a pretty lousy psy-op that is open-source and determined by consensus of network participants.
I also mentioned how there are people/stackers whom I talked to that live completely on a Bitcoin standard (e.g. Darthcoin)
Obviously, stackers see that bitcoin can be used as an instrument for freedom, because we've seen it play out thanks to people like @anita and @JoeNakamoto.
He saw I am pretty convicted and I think he may have started to question his waywardness. However, I believe, at this point at least, there is perhaps some truth to the fact that most bitcoiners are trading it for fiat when they want to spend. This works against Bitcoin and for the fiat oligarchs.
In sum, bitcoin is winning, bitcoin is young and bitcoin does have the potential to facilitate financial freedom, but we do need to ensure that it is being used so as not to perpetuated fiat debauchery.
Like @DarthCoin puts it in his post: #819271
do not ask yourself what bitcoin can do for you. Ask yourself: what can you do for bitcoin?
I really think stackers get this, so I'm going to appeal to your expertise. Please help him come to the light (I will forward him this post) by responding to this fud in the comments. I put a 1100 sats bounty, which I will award to the top comment just before SN Live streams today (I think 5:30 ET?)
Give me your best!
Feel free to use these questions as prompts:
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What would you tell him?
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What do stackers think of this fud?
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Have I left out an important point?
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If you're not living on a Bitcoin standard or otherwise helping people and businesses onboard, then in what other ways are you using Bitcoin as an instrument of freedom?
1,100 sats paid