There's this completely unfounded cypherpunk nostalgia (*) among some bitcoiners.
(*) Nostalgia: we had a glorious past full of ideals and now the present is corrupt, we have relaxed on the ideals, we wish we went back to the good old times
I think it's completely unfounded. We could not even imagine in our wildest dreams that we would arrive at the current moment. We had crampy slow mixmasters, command line encryption that no one used and fiat in envelopes and later centralized electronic gold custodians.
You say that there are some services that require KYC, got corrupt by VCs and compliant, not really punk. That is true, but also these corrupted services did not exist at all in the before times you are so nostalgic about.
Do we have more options or less? Definitely more. We are participating in an open decentralized project that emerged into sixth largest reserve currency in the world. And we are only beginning.
Pissed about grandmas with ETFs? Even if you remove them, we are more than 1000x of what anyone expected. We thought we are going to be fringe like the 0.001% PGP users.
We don't need everyone to be cypherpunk. Let others do what they want, we're already winning our game. Their game? Not playing, sorry, too boring.
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Replies (22)
You're not bullish enough.
Well said 🤠🤙
Grandmas who buy ETFs are in serious danger. Bitcoin is not like a stock, and some people just cannot fathom this. Who will explain to grandma why she owns blackcoin:tm: now? Or why she lost her coins after Coinbase got hacked. ETFs are a risk.
Bitcoin is a trust machine. I would much rather see a world where grandmas trust their grandsons to custody their coins, as opposed to Blackrock or Leviathan.
We already also live in this world. Many grandmas with grandsons.
There is no one thread, the society is complex and it's upon us to choose.
This is one of the most fun features of both Bitcoin and free and open source software. You can find your way and have the choose. That's also the only downside. You have to make a choice, there are either no defaults or they are not very good
Celebrate both the wins and the roots.
Also one thing that deserves to be said is that by playing our own game, we may slowly introduce others to our game as well.
The best way to introduce "normies" into our world is be showing them that we can thrive, be happy and be free with what we're building.
We don't need to convince everyone, we only need to convince those we care about.
Live free
I don't do it out of nostalgia. I do it because it works and avoids the digital domain altogether 😀
“We could not even imagine in our wildest dreams that we would arrive at the current moment.”
We could, but we didn't want to. For us cypherpunks, this was more like a nightmare than a dream. We actively tried NOT to dream about this.
“We had crampy slow mixmasters, command line encryption that no one used, fiat in envelopes and later centralized electronic gold custodians.”
The performance of mixmasters can be improved, GUI can be developed, fiat in envelopes can be replaced by gift card codes (though there is nothing wrong with fiat in envelopes), and centralized gold custodians can be avoided. All that can be done WITHOUT kissing the government's ass.
“but also these corrupted services did not exist at all in the before times”
Yes, that's what makes those old times better.
“Do we have more options or less? Definitely more.”
Not really. If you are a cypherpunk, you won't count privacy invasive, KYC mandatory solutions as "options".
The existence of options that do more harm than good is not something to celebrate.
“Pissed about grandmas with ETFs?”
Yes.
“Even if you remove them, we are more than 1000x of what anyone expected.”
No we aren't. What we expected was far more glorious than people giving their money to Black Rock so that Black Rock (not the people) can hold more Bitcoin while those people hold neither the fiat money they had nor the Bitcoin that fiat money could have bought them. All they hold is a debt issued by Black Rock. Just a promise on paper, enforced by human convention.
“We thought we are going to be fringe like the 0.001% PGP users.”
That would have been the more favorable outcome. Quality over quantity.
“We don't need everyone to be cypherpunk.”
Yes we do. There is no other way to take our freedom back.
Do you envision a future with two parties on the same chain or is there going to be a fork?
I personally think there will be a fork when blackrock (((messes))) up their ledgers and tries to salvage "crypto" in the eyes of the plebs
Celebrating roots is not nostalgia, I'm all for celebrating roots!
nonsense. blabla without substance.
privacy is a right. not an option.
a bank account has more privacy than btc.
btc has failed. no one uses it. the usage goes down even in el salvador and btc does not even perform financially. it is dead capital
Props to the cypherpunks for making decentralized, incorruptible money a reality. It’s wild that in 2025, anyone—rich or poor—can save and spend in money untouched by central banks and their political cronies. Sure, BTC has been embraced by governments and big business, but that was inevitable—the best money wins in a free market. I’m just grateful to live in a time where I can send value globally without permission and save beyond the state’s reach. As Bill Hicks said, “It’s a fucked-up world, but I’m glad to be part of it.” Onward!
Cipherpunks
Right now XMR is doing better than BTC. I love BTC and I hope it changes its current direction. I'm not a Monero maxi.
There are no rights. Only what you do yourself. Lightning has great privacy and that's how I use it.
I use it every day. I don't care about others, they might choose to use it or not.
It also does really well financially. Look at last five years. Pretty cool, right?
There are rights
Open a good dictionary or something
maybe people like to tell those types of stories, like Matrix-like stories… where you need to rebel against the corruption. I don’t think it should be too cynical, but it’s good to stay aware or next thing you know, you could somehow be part of the corruption yourself. I think corruption starts with a belief in your own / your group’s superiority maybe.
Cypherpunk ideals are still relevant. Bitcoin's success is because of those ideals. Don't get complacent.
I agree, that's why we organize @Cypherpunk meetup
I'm not taking about ignoring the ideals, I'm saying the ideals back then were just ideals, a dream. Now we can live the dream. That's why nostalgia is not so useful. There was no great past that we departed from. We have turned the dreams into reality.
Most of my cypherpunk nostalgia comes from the desire to have participated in those times like @npub1qg8j...24kw ... not spent as much time passively reading in 2000s.
To that I can relate, but you are doing now more than most people. That means your present is bigger and better than a non-existing past. Pretty good situation if you ask me 😉
Bitcoin was always too cool to be niche