GM☕ Bitcoin was made as simple as possible so that it could be as independent and orthogonal to misaligned incentives as possible. If Bitcoin is gonna be a 1000 year project (otherwise it's thermodynamic properties and scarcity is just a larp), then I believe that simplicity must reach some sort of escape velocity, entrenchment or ossification to resist bloat and corruption in future generations. Even with as simple as Bitcoin is, and even with a still strong Bitcoin culture, it seems like it's still at the whims of competing incentives, narratives and politics. I mean, if bitcoiners are gonna be complacent or swayed, or psyopped today, then what about in 10 years? 100years? We say Bitcoin wins because of the incentives. But what if competing incentives are stronger on shorter time frames? What if people don't really understand the incentives? What if people don't really understand Bitcoin? Will they then make the right decisions "for Bitcoin"? I think Ross had a very astute point that we need a few good ideas to rally around. He said, freedom , decentralization and unity. Those are just words, not code. But to sortof transfer the meaning to the code, and wrap up with some conclusion to this rambling, I think we really need to value simplicity and keeping Bitcoin as singular as possible in its purpose. To be Money. Have a great week.✌ image

Replies (22)

Maryam's avatar
Maryam 2 days ago
Good morning ☕ You’re absolutely right—simplicity and focus on Bitcoin’s core purpose, becoming real money, is the key to surviving short-term pressures and misaligned incentives. 💎🪙 Incentives and narratives always change, but when the foundation and purpose are clear and simple, future generations will stay on the right path. 🔑✨ Freedom, decentralization, and unity are not just slogans—they are the guiding lights of Bitcoin’s code and culture.
GM 💜 Your words resonated a lot with me! Bitcoin is a life long pursuit of navigating culture, politics and technological advancement. The main goal of Bitcoin education should be to provide the core principles of Bitcoin to the learner 🧡 Lately I am a bit sad about the recent bear market reaction by a lot of Nostr users. This shows me once again that we still define wrongly Bitcoin in paper money prices. A lot of work to do! 💜
This is why the rehypothecation of #btc is disturbing for me. All #Bitcoin needs to be 'marked to market' continually. The 21 million should not be artificially increased thru Wall St. manipulations !
Gm ☕️ 🤙 I think it’s still way too early, and many people still don’t understand Bitcoin’s freedom. Even I would love to look back on this in 10 more years it would be beautiful to remember. Thanks 🤙
A problem for Bitcoin is that the populace isn't in enough pain yet, from the destruction of the paper money.. And the country wasn't awake to the corruption such a system heaped on all of us. More an more people are now awake to this corruption. And now the Administration is setting up a competing economic system to the Private Western Central Bank's borrowing system and in this system we'll have gold and Bitcoin center stage.