Replies (59)
I've one of the few bitcoiners that have spoken against Michael saylor, he's bad for bitcoin and bad for open source development
I feel like this is kind of a bad time, but it's there a place you publish ahead of time when the next RHR or Citadel Dispatch will go live?
DISPATCH WITH MUTINY BOYS TOMORROW AT 1700 UTC.
Would be nice if you provided details regarding the last paragraph
Second post in an hour where he's just teasing us. Come on
@ODELLMAJOR ETF WAS GOING TO SUPPORT OPEN SOURCE DEVS.
COMPETITION WAS TIGHT PRE LAUNCH.
THEY DID NOT WANT TO ANGER SAYLOR SO THEY PULLED OUT.
LEARN HOW TO READ.
Little known phenomena… Bitcoin is also a pedestal transmutation machine
"STOP SIMPING" ODELL
MESSAGE RECEIVED LOUD AND CLEAR BOSS 🫡
I ASSUME THIS IS BECAUSE HE DOES NOT BITCOIN TO CHANGE AT ALL BUT EVEN THEN HE SHOULD CARE ABOUT THE SECURITY......
Did you get hacked? Saylor may be a spook but this just sounds like a baseless accusation.
Name your sources. Which ETF should we hate now and why exactly? This is the claim you made in the other post nobody got an answer when asking for details.
But yeah, your teasing keeps being good as long as nobody spills the beans.
Careful, you might not get invited on his yacht now, the most coveted event for a blue check
NAILED IT. BITCOINERS BOUGHT AND PAID FOR, SAD SHIT.
Or his island 🫣
IMA be devils advocate here.
MAYBE he doesnt care about Dev funding because he wants bitcoin to stay as is. Having looked at the recent updates which had unintended consequences (nfts etc) ...
he think nope, no "devving" needed here.
Saylor also advocates for protocol ossification.
Please stop simping.
Tbh, I have not seen Swan or most Swan-sponsored influencers on Nostr, and that's a red flag for me.
I have not seen Saylor on Nostr posting anything besides his reposted AI art, and that's probably a bot. And his nip05 recently became invalid.
If Nostr is my web of trust, they're not on it.
I don’t get it. What’s his incentive to scuttle these deals?
No one said it was controversial. It just doesn’t make sense.
Label him what he is - a BitcoinBug
View quoted note →My thoughts:
- He’s already FUDing MoE, doesn’t want to fight against the USD system
- He wants BTC ossification
- The longer it takes for BTC to be more widely spread the more he benefits as it becomes more difficult to catch his first mover advantage
- Saylor benefits most from HODLers, not from people on a Bitcoin Standard
Think through his incentives. Listen to his statements. He’s not here to smash central banks and fiat - he’s in it for himself.
I don't know what it is, but my BS meter goes through the roof every time I see a clip of him.
I don't know Saylor or his work very well; though I'm unsure how to be for Bitcoin, but not interested in supporting open source developers.
Personally I'm confused by him...he doesn't really explain what BTC is very well
yes most of them are
Thank you for saying it! It needs to be known.
So long as it remains the best store of value will almost certainly become the primary MoE.
Ossification is a reasonable position to take. More changes could absolutely introduce more problems than benefits. Most of the tools built into bitcoin have not even been put to use yet. And the last thing we want is for legacy finance people to come in with trillions of dollars & millions of retarded newbs that they can mislead, thinking it is their job to change bitcoin or to influence how bitcoin changes.
Make no mistake. This is a war. The easiest way to win it is to let incentives do the work without the people who have everything to lose realizing it's a war.
It's good to stay vigilant & pure & principled, but we should be cautious of friendly fire when we have people doing good things.
SOME PEOPLE ARE SIMPING FOR SAYLOR, OTHERS FOR BUKELE. FUCK BOTH OF THEM, BITCOIN DOESN'T NEED THEM.
And no-one has asked him why he's done it?
how many simping for odell in exactly the same way? I've been guilty of it too but I'm remembering no heroes means no heroes
Could you expand on how/which deals he killed and how?
I'm genuinely curious and want to know.
AGREE. KILL YOUR HEROES. LOOK WHAT THEY DO, NOT WHAT THEY SAY. SO FAR ODELL HAS PUT HIS MONEY WHERE HIS MOUTH IS. HOPEFULLY HE'LL KEEP STAYING HUMBLE.
Deving is always needed, even if you don't change the consensus rules. Everyone that has worked on a software project knows that
Any insight on this? @npub1jpvsahpy0vgq7gu8nfqjkeskce0gwjk8jpss590xkvjh5xxe4epsruqgsz
Who does? Nobody.
You mean he's not one of us?
I've learned these last 5 years that bitcoin is attractive to many different types of people.
I met saylor and talked to him for a bit, he has his opinions and self interests like we all do.
I disagree with his opinions, but he is allowed to have them. I don't want to speak for him but I get the sense that he's a "store of value" above everything else, and is very pro regulation.
I don't think an individual holding that narrative would appreciate the open source community and hearing his lack of support doesn't come as being out of character, just disappointing.
Hopefully it's just a misunderstanding or if not, he will have a change of heart in the future.
When did he do that?
Can anyone provide details on this allegation?
Not that I've seen. Absolutely beyond the pale if true, but uh, need some receipts.
I have never once simped saylor, he obviously has his own motivations (making money) which seems incongruous with this. I can construct an explanation why he might have done this, but it would seem implausible or at least unlikely.
This sounds like a riddle on an ice pop stick
Regarding MoE, you might consider that sometimes people's words are meant for some specific ears and don't necessarily represent one's actual interests.
I other words, it might be opportune, at least for now, for certain people to not considers Bitcoin to be a competitor.
"This large wooden horse is a gift!"
I'll say shit,
@ODELL. Saylor is not here for freedom maximalism, has attacked the idea of Bitcoin as a MoE, and, based on what you're saying, doesn't support Bitcoin development.
End the hero worship. It's never a good look.
Dude talks sense but everyone is afraid to say, "stop yelling in ALL CAPS, man"
From his POV, this makes sense, and it’s consistent with what others hypothesized. It’s difficult, but not impossible, to imagine what a man would do to protect that much wealth.
Ge
He has as much right to advocate for his position as anyone else, but he admittedly has more influence.
Anyway, do you really want corporate and ETF dev sponsors?
I don’t.
FUCKI TOO RIGHT MUCKER. THAT SHORT ARSED BILLIONAIRE IS A SPOOK
If what they want to develop isn’t a good idea.
Absolutely!
That's fair! Lots of poor open source ideas out there
How does making money seem incongruous with this? If bitcoin never had another update, would Saylor make less money?
As it stands, bitcoin is much better digital property than it is a currency competing with the dollar for global reserve status. That's right in line with his thesis. Bitcoin devs focusing on scaling and privacy have the goal of making it better currency. A lot of speculation on my part though 🤷
He's said pretty clearly before that he doesn't want the narrative that it's competing against the dollar and replacing the fed. Says it's much better to frame the conversation as it's just a store of value. I can see that point... Let bitcoin grow larger before "then they fight you" ramps up
It's like when your mum and dad are going through a divorce 😔
Didn't want to anger Saylor? Why the fuck would they care what Saylor thinks/feels? He's not that important.
Almost certainly yes.
1. Medium of Exchange usage increases demand for Bitcoin (improving MoE requires development)
2. Software requires maintenance
3. ossificiation means the eventual death of Bitcoin
I know some debate 3 (they're wrong), 1 and 2 are self evident.
I could see a strategy where Saylor intends to capture Bitcoin and become an intermediary, but that defeats Bitcoin's core value proposition and that would (eventually) destroy it.
If Saylor disagrees with 1 I don't know what to say, he's wrong, unless it's part of a larger strategy like I posited.
I think we're largely in agreement. The question is, does devs making Bitcoin a better medium of exchange increase or decrease the value of Saylor's stash? Given it will increase demand, it must increase the value.
