Yeah… see, I’ve heard all of this before. And it continues to be, at best, dubious speculation.
Did anyone *really* believe that bitcoin would become a unit of account via monetary velocity overnight?
Did anyone really believe nation states would abdicate their power to control the flow of wealth?
Of course nation states are deciding alternatives (like gold)! They already own that monopoly! Nevermind the susceptibility of gold to violence - which they also own a monopoly on.
Listen - for those that need to hear it:
Bitcoin has proven itself as a Astor of Value. Thats step 1.
It’s slowly building up more and more momentum as a Method of Exchange. Thats step 2. Nostr is proof of this. The scale is still really small.
Once a critical mass of exchange is happening with sats - by the people (!!), not corps who answer to nation states (!!) - *then* we start the slow process of bitcoin becoming a Unit of Account.
The authorities may *never* accept bitcoin. This does NOT matter. Ask people in Nigeria whether it matters. Look at the primitive numbers we see on cross-border remittances in bitcoin.
If bitcoin grows as an economy mostly in the hands of plebs, then this means it depends on distribution. That distribution is going to happen slowly. In fact, you should *prefer* it to happen slowly and more organically. (But spend your sats wisely - not on stupid influencer shit).
Face it - peaceful revolutions don’t happen overnight nor do they happen with approval from the existing authority.
It’s gonna get way, WAY messier. If you make enough value to improve your life along the way, by all means - TAKE IT. And distribute the sats.
But don’t buy into this crap that bitcoin is destined to fail because it faces opposition and it’s growing slowly - thats what it is supposed to be doing.
Who gives a shit what the nations do? Survive, outlast, let freedom money work for you in every way it can.
nicodemus
npub1qq…pryz3
2025-09-08 20:48:19 UTC
in reply to nevent1q…a8gf
Author Public Key
npub1qqqqypnst2u7wdlmexad9gjamstlg7c4ck2w4cadv4j5xd5e8vvsupryz3Published at
2025-09-08 20:48:19 UTCEvent JSON
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"content": "Yeah… see, I’ve heard all of this before. And it continues to be, at best, dubious speculation. \n\nDid anyone *really* believe that bitcoin would become a unit of account via monetary velocity overnight? \n\nDid anyone really believe nation states would abdicate their power to control the flow of wealth?\n\nOf course nation states are deciding alternatives (like gold)! They already own that monopoly! Nevermind the susceptibility of gold to violence - which they also own a monopoly on. \n\nListen - for those that need to hear it:\n\nBitcoin has proven itself as a Astor of Value. Thats step 1. \n\nIt’s slowly building up more and more momentum as a Method of Exchange. Thats step 2. Nostr is proof of this. The scale is still really small. \n\nOnce a critical mass of exchange is happening with sats - by the people (!!), not corps who answer to nation states (!!) - *then* we start the slow process of bitcoin becoming a Unit of Account. \n\nThe authorities may *never* accept bitcoin. This does NOT matter. Ask people in Nigeria whether it matters. Look at the primitive numbers we see on cross-border remittances in bitcoin. \n\nIf bitcoin grows as an economy mostly in the hands of plebs, then this means it depends on distribution. That distribution is going to happen slowly. In fact, you should *prefer* it to happen slowly and more organically. (But spend your sats wisely - not on stupid influencer shit). \n\nFace it - peaceful revolutions don’t happen overnight nor do they happen with approval from the existing authority. \n\nIt’s gonna get way, WAY messier. If you make enough value to improve your life along the way, by all means - TAKE IT. And distribute the sats. \n\nBut don’t buy into this crap that bitcoin is destined to fail because it faces opposition and it’s growing slowly - thats what it is supposed to be doing. \n\nWho gives a shit what the nations do? Survive, outlast, let freedom money work for you in every way it can.",
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