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Control-Plane Capital4d ago
I try to be a freedom maxi. Whatever gives you the most freedom is what you should use. I've covered what made me fall out of love with Bitcoin in this article ( https://controlplanecapital.com/p/bitcoin-will-fail-as-ma… ). TL;DR - no privacy by default, DEI developers who've been attacking its sovereign/MoE use, L2s seem like a failed project at least from the mass, non-custodial use viewpoint, etc. The community having to coordinate to defend Bitcoin from attackers all of the time (the Coordination tax I've written about) is why I think we'll be stuck in infinite "Bitcoin wars": - Core v30 — Inscriptions / spam vs "art" (ongoing) - Taint, "clean UTXOs" & compliant-Bitcoin vs grey-Bitcoin - Node liability & "publisher" / CSAM / sanctions content - Quantum-resistance, key-rotation & "lost coins" - Paperization & "wrapped Bitcoin" vs base-layer Bitcoin - Protocol ossification vs "surgery to survive" - Blockspace & "digital cash vs data chain" (the rematch) The Core v30 fiasco and how many people updated their node software by default, was a big wake up call for me. If I immerse myself in all of this garbage, I'll probably start aging in dog years.
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Branca4d ago
But sadly there is no where to go but take the path of self custody.
0000 sats
Tauri4d ago
> The Core v30 fiasco and how many people updated their node software by default, was a big wake up call for me. If I immerse myself in all of this garbage, I'll probably start aging in dog years. Tell me about it. 🫠 For me it looks like my entire bitcoin journey up till now has been waste of time. I certainly became wealthier fiat wise, but I didn’t sign up for another shitcoin copy of Ethereum. The greatest disappointed for me tho was how naive, stupid and two-dimensional Bitcoiners ended up to be. All the memes have fried their brains apparently and they started taking them at face value.
0000 sats