ANOTHER BITCOIN HYPOCRITE (Jor)
https://youtu.be/XkNGCUsX2IQ
I'm not trying to dictate what anyone should do with their Bitcoin, people are free to make their own choices and sovereignty over your keys includes the right to use them however you see fit.
That said, this is my honest opinion on how we actually advance Bitcoin toward becoming sound money and break free from the fiat debt based system it's designed to replace.
Bitcoin exists as a direct alternative to that system.
When we lend BTC as collateral to borrow USD, we're effectively extending the life of the very fiat system we're trying to escape. The purest path to Bitcoin's vision is using it as money. Spend it where possible, replace what you spend, and encourage others to do the same.
It's frustrating to see Bitcoin treated primarily as a dollar yield or liquidity tool rather than money itself.
We're in a transitional phase. Most goods, services, taxes, salaries, and daily life are still fiat denominated.
If enough of us succumb to fiat loans as the default strategy, Bitcoin risks ending up like gold. Hoarded by a small group (institutions) while the masses continue using fiat (or CBDCs/digital dollars) created at will by those with legal authority.
That's not hyperbitcoinization, that's Bitcoin becoming just another asset class inside the existing system.
You're handing over control of scarce, hard money in exchange for more fiat tokens essentially trading real goods for Chuckie Cheese coins.
I hear people passionately argue that Bitcoin gives us back our time, energy, and sovereignty by holding it in self custody. I fully agree, that's one of its most powerful promises. Yet when the same voices promote fiat backed lending infrastructure as a parallel path 'we can do both', it's inconsistent with the goal of Bitcoin as money.
You can do anything with your Bitcoin, but we should be clear about the incentives and long term outcomes it enables.
#Bitcoin #BitcoinHypocrite #BitcoinLoan
curiousbitcoin
npub13a…u3m02
2026-01-20 19:02:00 UTC
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wss://relay.damus.ioPublished at
2026-01-20 19:02:00 UTCEvent JSON
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"content": "ANOTHER BITCOIN HYPOCRITE (Jor)\nhttps://youtu.be/XkNGCUsX2IQ\n\nI'm not trying to dictate what anyone should do with their Bitcoin, people are free to make their own choices and sovereignty over your keys includes the right to use them however you see fit.\n\nThat said, this is my honest opinion on how we actually advance Bitcoin toward becoming sound money and break free from the fiat debt based system it's designed to replace. \n\nBitcoin exists as a direct alternative to that system. \n\nWhen we lend BTC as collateral to borrow USD, we're effectively extending the life of the very fiat system we're trying to escape. The purest path to Bitcoin's vision is using it as money. Spend it where possible, replace what you spend, and encourage others to do the same.\n\nIt's frustrating to see Bitcoin treated primarily as a dollar yield or liquidity tool rather than money itself. \n\nWe're in a transitional phase. Most goods, services, taxes, salaries, and daily life are still fiat denominated. \n\nIf enough of us succumb to fiat loans as the default strategy, Bitcoin risks ending up like gold. Hoarded by a small group (institutions) while the masses continue using fiat (or CBDCs/digital dollars) created at will by those with legal authority. \n\nThat's not hyperbitcoinization, that's Bitcoin becoming just another asset class inside the existing system.\n\nYou're handing over control of scarce, hard money in exchange for more fiat tokens essentially trading real goods for Chuckie Cheese coins. \n\nI hear people passionately argue that Bitcoin gives us back our time, energy, and sovereignty by holding it in self custody. I fully agree, that's one of its most powerful promises. Yet when the same voices promote fiat backed lending infrastructure as a parallel path 'we can do both', it's inconsistent with the goal of Bitcoin as money. \n\nYou can do anything with your Bitcoin, but we should be clear about the incentives and long term outcomes it enables.\n\n#Bitcoin #BitcoinHypocrite #BitcoinLoan",
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