Bear markets are like spotlights….the cockroaches are scrambling for cover right now.
VC’s, pipe unlocks, scammer & spammers, influencers unable to monetize an audience, conference maxis, treasury company execs who’ve never transacted onchain, bank-throating plebs who are cheering govt legislation….all a symptom of fiat.
While I’m not an OG, only 51/2 years all in, it somewhat feels like we’ve lost the plot. I came for gains yes…greed brings everyone to the altar…but I stayed for the revolution. I built nodes, started solo mining and believed that Bitcoin was an escape from a broken system. Now I see many parts of Bitcoin mirroring the broken system it was designed to fix.
Cant fix the money, fix the world, if you can’t narrowly define what makes ₿ and its network sound money.
I’ll continue to buy and cold store. I’ll spend and replace despite the tax headaches. My nodes are relaying BIP-110 because Bitcoin is a monetary network and not dropbox. I’ll mine at home to help with decentralization and most importantly, I will question everything…the trusting & not verifying has led us here. The opposite will lead us out of the current mess.
Matty Mick
MattyMick@primal.net
npub1klyp...73vf
God, Family, ₿itcoin, Aortic Surgery. Node runner, solo home miner, sat stacker. #BIP-110 because ₿itcoin isn’t Dropbox.
Wrestling back state attacks on my individual sovereignty, one SAT at a time.