Exquisite post from @BitPaine on the SBR reaction \ stacker news ~bitcoin

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Exquisite post from @BitPaine on the SBR reaction

1215 sats \ 42 comments \ @justin_shocknet 7 Mar bitcoin

There is a certain class of perpetually cucked bitcoiner who never understood what Bitcoin winning - what the endgame - looked like.

They have crafted their entire personalities around being outcasts and losers. They want to buy drugs on the internet with niche tech and complain about the government on social media. They have no ambitions beyond this. No political impact. Indeed, no impact at all.

Bitcoin to them was money for outcasts and losers (like them).

But Bitcoin is money for the world. For everyone. It wins by becoming money not just for ancap junkies, but for everyone. This means it has to be capitalized by people but also by companies and nation states.

That is the entire project. Bitcoin fixes nothing important by helping outcasts and losers buy drugs. It wins by fixing the money and it only fixes the money if it becomes indistinguishable from money.

In short, if you are not celebrating SBR as a giant leap forward in solving what Bitcoin was designed to solve, it’s because you wanted Bitcoin to be a loser, like you.

We’re just going to keep on winning without you. For America. And for Bitcoin.

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1093 sats \ 8 replies \ @DarthCoin 7 Mar

129 sats \ 0 replies \ @justin_shocknet OP 7 Mar

Had a feeling you'd be excited lol

21 sats \ 4 replies \ @Rothbardian_fanatic 8 Mar

Just cannot unsee this!!!!! Now it is stuck in my inner vision forever!!!! Heeeelllllp!!!

20 sats \ 3 replies \ @DarthCoin 8 Mar

That is the whole point of this meme, as a warning about SBR, every time you hear about "strategic bitcoin reserve" to have that horrific image in mind and reject it.

21 sats \ 2 replies \ @Rothbardian_fanatic 8 Mar

I was ALREADY rejecting it, without the horrors of this hideous meme. I am mentally crippled for life!!! It burned out too many brain cells.

20 sats \ 1 reply \ @DarthCoin 8 Mar

Imagine Trump in that meme instead of that "lady"...

0 sats \ 0 replies \ @Rothbardian_fanatic 8 Mar

Nope, I won’t even bite for that one. I don’t want to imagine such horrors. Are you trying to give me nightmares?

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1 sat \ 0 replies \ @SimpleStacker 7 Mar

0 sats \ 0 replies \ @Akg10s3 7 Mar

😆😆😆😆😆😆 Simply great

30 sats \ 9 replies \ @_stacktoshi 7 Mar

Fuck this. How is it a giant leap? Would an SBR still be wonderful if the govt just 6102'd MSTR and IBIT?

We're not cucked for wanting the world's most powerful and most indebted government to stop its fuckery, and allow plebs more time to take back their financial freedom.

135 sats \ 8 replies \ @justin_shocknet OP 7 Mar

SBR doesn't change their ability to 6102

And why would the NSA invent Bitcoin just to 6102 it? Retarded.

Everyone has had a 15 years to wake up, monetization of the next world reserve currency won't wait for angsty shitheads forever.

0 sats \ 7 replies \ @_stacktoshi 7 Mar

Really trying to make sense of your first two statements... I never claimed otherwise and NSA??? Even if that crackpot theory turned out to be true, the left hand doesn't know what the right hand is doing in government. Actually, if it was the NSA, 6102 would make perfect sense to secure "national wealth".

Who's money did they use to establish the SBR? Was it moral?

0 sats \ 6 replies \ @justin_shocknet OP 7 Mar

The crackpot theory is the fairy tale that some lone wolf did it and stayed anonymous, when at a minimum the NSA has all the sigint necessary to know who it is and how to get their coins

the left hand doesn't know what the right hand is doing in government

Doesn't need to, ops are need-to-know and compartmentalized... anything of importance is discussed in a SCIF

if it was the NSA, 6102 would make perfect sense

NSA made the ledger transparent and non-divisible, a free-float international currency they own a huge supply of, and can easily track state-scale movements to front-run any threats... they're not going to fuck up a clandestine op.

Try thinking strategically more than 5 minutes out before you poast.

Who's money did they use to establish the SBR? Was it moral?

Mixed bag whataboutism, future accumulation is the real story.

0 sats \ 5 replies \ @_stacktoshi 7 Mar

So I’m cucked because I don’t want to celebrate all that, even if it were true?

The SBR validates our theses, yes. But we shouldn’t sit on our bags and allow them to abuse the “public purse” (stolen resources) to enrich themselves at the expense of those around us, good people who are just a bit slow to adjust to major changes.

0 sats \ 4 replies \ @justin_shocknet OP 7 Mar

Exactly, so cucked to the identity of being a contrarian loser that winning of this scale elicits whataboutism and allegations of betrayed principles where none exist (generalizing for the edgelords on twitter specifically)

enrich themselves at the expense of those around us

This is a perfect example of something a perennial loser says to reveal they never truly appreciated Bitcoin for its game-theory

This is a victory over the Cantillon effect, such behavior was already happening, now the playing field has finally been leveled

people who are just a bit slow to adjust to major changes

Were always fucked, and now they'll be slightly less so, because the government they expect to render services to them will have more resources to do so in the form of a Bitcoin treasury

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33 sats \ 10 replies \ @itsrealfake 7 Mar

They have no ambitions beyond this.

well... at least some of them want to see the end of the nationstate.

In short, if you are not celebrating SBR as a giant leap forward in solving what Bitcoin was designed to solve, it’s because you wanted Bitcoin to be a loser, like you.

I'm not sure how the national entity adopting freedom tech before the individual entities adopting freedom tech should be considered a win for freedom.

I will say, it looks like a win for Satoshi (if satoshi were an NSA spook).

I'm not sure how anybody can draw a coherent line from this version of SBR to everything denominated in sats without first ignoring 1971.

Nations will control onramps, and regions will issue paper bitcoin (or cashu bitcoin, if that's your preference... same trick), and we're locked into the ride.

If you have a fat stack of sats tho, you're gonna get a little bit rich. Good luck to us all... this phase of the war is over, and history will be written by whoever has won it.

162 sats \ 0 replies \ @justin_shocknet OP 7 Mar

at least some of them want to see the end of the nationstate.

Bitcoin was literally invented by the NSA to save the US from the Triffin Dilemma, and the state is, so they're retarded on those grounds alone

freedom tech

Freedom for nation states from globalist banks

1971

When Nixon saved the US from globalists expropriating our gold

Gold being such terrible money though is an important lesson in why Bitcoin had to be created

gonna get a little bit rich

Just as many will use it to stay rich, but more importantly the playing field gets leveled because it ends Cantillon impunity

Good luck to us all... this phase of the war is over, and history will be written by whoever has won it.

100%

0 sats \ 8 replies \ @fiatbad 8 Mar

I agree with your sentiment here. I think, in general, Bitcoiners are being far too complacent about solving Bitcoin's scaling issues before nation-states have taken total control of on/off ramps. And I'm not even talking about scaling for MoE... I mean just average people being able to self-custody without having to pay an annual salary worth of on chain fees.

However, I do want to push back on your comment here:

(or cashu bitcoin, if that's your preference... same trick)

Sure, cashu bitcoin is not as good as on-chain, cold-storage bitcoin. But it's still very different from the current global banking systems. It's a massive improvement toward monetary freedom.

It's amazing tech, and I'm afraid it's not really being adopted mostly because of sentiment like you're pushing here.

0 sats \ 7 replies \ @justin_shocknet OP 8 Mar

Bitcoiners are being far too complacent about solving Bitcoin's scaling issues

Complacent? they're retarded and obsessed with scaling issues they made up because they don't understand how Bitcoin works.

The only scaling "issue", using that term loosely, is the one no one wants to talk about because it can't be fixed, supply. So, scammers have to lie and fabricate other ones. #906572

0 sats \ 6 replies \ @fiatbad 8 Mar

0 sats \ 4 replies \ @justin_shocknet OP 8 Mar

And look who he tagged in this more recent one:

0 sats \ 2 replies \ @fiatbad 8 Mar

I only brought his post up as a way to borrow his words to support my assertion that "Bitcoiners are being far too complacent about solving Bitcoin's scaling issues". I appreciated his post, and was glad Guy Swann read it on his podcast.

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0 sats \ 0 replies \ @nitter 8 Mar bot

https://xcancel.com/shocknet_justin/status/1886055736825758092

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0 sats \ 0 replies \ @nitter 8 Mar bot

https://xcancel.com/jamesob/status/1860340932706730261

24 sats \ 1 reply \ @SimpleStacker 7 Mar

"SBR"

"Giant leap forward in solving what Bitcoin was designed to solve."

For f***s sake!

Wake me up when we get scalable and reliable solutions for merchant adoption.

30 sats \ 0 replies \ @justin_shocknet OP 7 Mar

scalable

got bad news for ya: #906572

Merchants

Good news is there's less than a billion businesses and households so Lightning scales for them today: Lightning.Pub

18 sats \ 0 replies \ @StillStackinAfterAllTheseYears 7 Mar

Bitcoin hipsters are just like other hipsters.

17 sats \ 3 replies \ @BlokchainB 7 Mar

Good take. Bitcoin is an open protocol. If a government sees value in holding it then so be it.

Plus the people who hate government sure love the fruits of it like clean water and internet that works.

People have zero clue how complex modern society is and have rules and standards in place keeps the bottom falling off the donkey.

420 sats \ 2 replies \ @justin_shocknet OP 7 Mar

I actually consider myself an AnCap, have been longer than most people here have been around Bitcoin... and it takes time to develop ideological consistency with it

Whatever ones takes on the state there's one fact that's real as gravity, the state is, there's always an apex force and we live in a globally anarchic system where states are themselves a form of corporation

People with nothing better to do than bitch are just virtue signaling and rationalizing their idleness

12 sats \ 1 reply \ @_stacktoshi 7 Mar

AnCap here as well. I don't mind the government holding it as much as I mind people cheering on the government to hold it, and ignoring everything else they've fucked up. I don't think most people grasp the evil large groups of people with guns and a money printer are capable of perpetrating and the amount of history they've attempted to rewrite stating otherwise, and the amount of gullibility that they take advantage of.

This SBR was as inevitable as Mexican drug cartels exporting avacados, so please explain why the fuck are we supposed to cel-le-brate it?

133 sats \ 0 replies \ @justin_shocknet OP 7 Mar

cheering on the government to hold it why the fuck are we supposed to cel-le-brate

because many of the fuck ups of the government are enabled by shit money, we're celebrating the normalization of bet-ter muh-nee

17 sats \ 0 replies \ @SpaceHodler 7 Mar

Nothing wrong with buying drugs on the internet. When coercive scum bans lettuce, being able to buy lettuce is pretty powerful.

But yeah, if bitcoin is to be money, it has to penetrate all aspects of reality that have to do with money. Otherwise it will be something else.

0 sats \ 2 replies \ @jasonb 7 Mar

Some of this makes sense and I think bitcoinhipsterism (but NOT true Bitcoin maximalism) is going to start to become more and more dissolutioning. That said, the whole tone of this just seems ironically toxic…

Toxic bitcoin maxis are cool because they’re defending the little guy and punching up and Robin Hood and Batman and all that. At the risk of sounding too harsh, this just has a ‘kick ‘em while they’re down’ vibe to it.

0 sats \ 1 reply \ @justin_shocknet OP 7 Mar

bitcoin maxis are cool because they tell the truth

ftfy

The hipsters don't care about the little guy, they'd be happy to keep letting the Cantillon hunger games run rough shod over the little guy as long as they can snark post and virtue signal about being contrarian

People hate Trump for the same reason they hate Bitcoin maxis, for radically calling shit as they see it

1 sat \ 0 replies \ @jasonb 8 Mar

bitcoin maxis are cool because they tell the truth ftfy

Necessary, but definitely FAR from sufficient definition of cool… I guess we’ll just have to disagree on that.

The hipsters don't care about the little guy, they'd be happy to keep letting the Cantillon hunger games run rough shod over the little guy as long as they can snark post and virtue signal about being contrarian

Sadly, I agree with you here… I don’t know how widespread this issue is among bitcoiners, but it no doubt is a problem.

People hate Trump for the same reason they hate Bitcoin maxis, for radically calling shit as they see it

No, people hate maxis for being rude and Trump for a plethora of legit and illegitimate reasons.

0 sats \ 0 replies \ @ala 7 Mar

For America? No....