BTCapsule 🏴
btcapsule@nostr.report
npub1v6xw...xk5t
You should probably block me
Michael @Michael Saylor does not want Bitcoin to be a P2P digital currency that destroys central banks. He wants a rock that he can cash in for CBDC tokens in the future.
Saylor has said several times that Bitcoin will not be a currency, but an important commodity for the US dollar.
He also doesn’t want Bitcoin to have private transactions and ownership. He worries this will threaten the establishment, and explicitly says if you want privacy, "maybe you want to buy a Monero".
Which means Saylor does believe there is a "second best", and Bitcoin is not a threat to the establishment. Bitcoin needs to absorb all functions of shitcoins on L2s and make them obsolete.
This is probably why Saylor doesn’t like #drivechains. If the chain splits, I expect Saylor and BlackRock to pump the hard fork without drivechains. I’m staying with Bitcoin.
The new #damus update feels very smooth. The description said it fixed freezing on IOS 17.1, but I’m using 16.2 and Damus is much better.
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I feel like an old man who says $boost so kids will think he’s cool 

Monero is a shitcoin and ring signature is an amazing technology. I would not be upset if I could transact my satoshis with it.
The fact we can still afford to DCA Bitcoin and move it to cold storage means we are so early.
In the future, as Bitcoin scales to billions of people, it will be impractical to move $50 because the fees might be $500.
Of course, if you have $500 in BTC now, you will be able to move it because your purchasing power will increase.
However, for future savings and generations, cold storing Bitcoin on L1 will be too expensive for us plebs. So we must choose the most decentralized L2 solutions, or keep all our savings on a custodial lightning wallet.