“Invest” doesn’t mean what you think it does. If you’re fine with owning VTSAX to save, and your whole approach to personal finance depends on its value increasing, dismissing bitcoin as “not an investment” because it has no cash flows makes zero sense.

People assume using money means spending it. In reality, the main use of money is holding it—keeping your options open. Bitcoin is built for that.

This is the most common argument I see from the Knots folks

Global debt keeps climbing. Bitcoin’s supply stays fixed at 21 million. All you need to know.

The best thing about the Core v Knots ordeal is more people running nodes, even if they don’t fully understand how it all works yet.

Non-economic actors who want to destroy bitcoin will gladly pay a 4x higher fee for OP_RETURN, but they’re too lazy to bypass the mempool altogether. Make it make sense.

Financial independence is a spectrum, not black and white.

This is the most depressing thing I think I've seen on X. The state of personal finance education is absolutely rekt 🤦‍♂️

🤦‍♂️ Mr. Money Mustache still says “bitcoin is stupid.” 7 years later, it’s up 10x since his post. Here’s why he’s still wrong…

🤦‍♂️ Why Bitcoin is Stupid (Revisited)

FIRE BTC #48 - Mr. Money Mustache doubles down

If you don’t run a node, you have no right to complain. If you do run a node, you have no reason to.

Bitcoin is having its Covid moment. The gain of function mutation in Core v30 that removes the default OP_RETURN relay policy size limit has resulted in an environment in bitcoin culture that closely mirrors the Covid era. The threat of the spam virus has turned normally level-headed, sane bitcoiners into hysterical hypochondriacs with a touch of authoritarianism. One side advocates for mask mandates and quarantines, while the other side hosts superspreader parties in brazen mockery. I’ve seen public shaming, baseless virtue signaling, shameless moral superiority, and even appeals to law enforcement to arrest offending opponents. Each side parrots the party line, taking cues from their respective authority figures, and using language they just learned a week ago as if they’ve been experts all along. I’ve spent countless hours sifting through the noise, doing my best to fairly consider each argument. My perspective is this: Filters are like wearing a mask when you walk through a restaurant, only to take it off when you sit down. Masks don’t stop the virus, but if it makes you feel better, then go for it. However, there’s a wave of mass hysteria spreading, where reason and thoughtfulness has been overcome by a fever of existential crisis. And as it was during Covid, this lockdown-style reaction is way worse than the disease you’re fighting. Bitcoin will be just fine. It is healthy, fit, strong, and has a great immune system. The best thing you can do is get some fresh air and some exercise. This is not an existential threat in any way, and we shouldn’t treat it that way.