A pseudo-Bitcoiner says that Bitcoin isn't an alternative to fiat, that Bitcoin is just a good store of value.
Mr. Rothbard, please, I don't want to put you on the spot, but could you smile if you consider that idea bullshit?
#Austrian School of Economics
#bitcoin
Mr. Mises, please, I don't want to put you on the spot, but could you please adjust your tie if you agree that Bitcoin can become a great sound money?
#Austrian School of Economics
#Bitcoin
You are a Bitcoiner. You know why you are a Bitcoiner. You know the spirit that led you to Bitcoin. Don't let any golden spike or any bullshit narrative change you.
A parallel comes to mind. The alleged bitcoiners who defend the dollar, stablecoins, and fractional-reserve banking remind me of minarchists.
Miguel Anxo Bastos once said, quite rightly, that there were no greater defenders of the State than minarchists.
Satoshi Nakamoto:
"Banks must be trusted to hold our money ... but they lend it out in waves of credit bubbles with barely a fraction in reserve".
@Alvaro_DMaria, alleged bitcoiner:
"Free Banking+Bitcoin” (meaning Fractional Reserve Banking).
With friends like Álvaro, Bitcoin doesn't need enemies…
Says @Alvaro_DMaria, an alleged bitcoiner:
"Bitcoin is not an alternative to fiat; that's a ridiculous view."
With bitcoiners like this, Bitcoin doesn't need enemies.🤡
Today's all-time high seems like "an ordinary day at the office," but it never is. NGU is the main entry point/recruitment flag for Bitcoin. And, over time, a portion of those who come to Bitcoin become true Bitcoiners (advocates of freedom, privacy, and sound money).