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"GCash now allows 94 million users to pay with Bitcoin"
Did you catch that?
"ALLOWS"
A . L . L . O. W. S.
Bitcoiners have completely lost the plot.
Yup, great post.
To be clear, my commend wasn't directed at you, but to the community in general.
Thanks for sharing that post. I'm 100% with you, and I've recently become bewildered by what Bitcoiners (thus Bitcoin itself) have become.
People, generally, have ZERO education about how the fiat system works. They don't know what "backs" it. They don't know how new units enter or leave the system. They don't know anything about it.
Yet, they use it because it denominates everything about their lives.
People don't need to get educated about Bitcoin. Instead, Bitcoiners need to build a world where Bitcoin is the denominator... the thing we use.
If Bitcoiners are educated to what Bitcoin is, and yet continue making excused to use fiat daily, then why would education be the solution? Eventually, someone is going to have to stand up to the fiat system, and THAT is what is needed. Not education, but the will to fight.
Shit, I would say we need better education to what FIAT is. Because even the Bitcoin community is far too comfy using fiat. Not angry enough about fiat. Clearly, undereducated about the danger and evil that fiat represents.
bitcoin will not see further legs up until this strategy stops being the face of bitcoin
The thing that has shocked me most, in my Bitcoin journey, has been the fiat-maximalism of the average "Bitcoiner".
The strategy you refer to seems to be what the community has been striving for since the block size war. Not using Bitcoin as money, or ending the fiat system. The priority has been fiat.... disguised behind narratives about Trojan Horses and Gresham's Law.
Ah, it turns out that was a bad motto. It didn't age well.
I propose a new meme for our community: "Never spend your Bitcoin! Use fiat instead!"
For the average Bitcoiner, this is a much more honest and accurate representation of what we meant.
That it is competing with the fiat system.
That people who buy Bitcoin are "opting out" of the fiat system, when in reality they are only opting out of other investments while continuing to use fiat for daily purchases. There is not real "opting out" taking place at all.
Those look like trash to me. I'm not trying to troll or be a jerk. I'm serious when I say, I wouldn't want those if they were given to me on a silver platter.
I completely agree with you.
I'm just trying to swing the pendulum back to the middle. Among Bitcoin holders, there is a serious complacency about how important the MoE side of the equation is. They talk about "opting out" of fiat, but aren't doing so in all.
Hodling Bitcoin is "opting out" of gold, real estate, equities. It is NOT opting out of fiat.
It really has to be both, but the common SoV narratives have given us a reason to be complacent and lazy about truly opting out of the fiat system.
Oh shit, my receiving wallet hasn't worked for a while either. Thanks for reminding me, I need to remove that. I removed Alby Hub from my node because I was fed up with all the problems it was causing.
I tried insanely hard to hook everything up. I even made multiple posts on SN asking for help and clarification. I could never successfully set up the spending side.
This was soon after SN rolled out CC's and all. So, I suppose I need to try again because I'm sure things have improved since then. Sounds like a good weekend project.
Yup. This is why "spending the weak money first" is a losing narrative.
Store of Value narratives will only get us so far. They won't save the world from fiat, and they won't bring Bitcoin to the heights Jeff Booth and Saylor talk about.
The only way to get to the next stage of adoption is to move on from the SoV, NGU phase and into the phase where we aggressively attack the fiat system.
Most people don't understand how any payment rails work.
Do you think understanding the inner workings of Visa should be a prerequisite to using a Visa card?
We need to stop focusing on winning people over through narratives about Bitcoin and Lightning and start SHOWING the world that "it works" by USING it. Unfortunately, even so-called "Bitcoin companies" are still using fiat primarily. They aren't "opting out", they're pretending to.
When companies refuse to accept fiat payments, opting for Bitcoin only, the people will quickly learn how to use LN without having to understand anything about it.
What's the point in teaching people about systems that no one is using? If SoV and NGU is what 99% of you are here for, then what problem is LN even solving?
The normies don't need to learn about it. They need someone to lead by example, which is certainly not coming from the Bitcoin community, so I'm not sure where it's going to start from.
I think it's something that we must force and rush.
Fiat is destroying the world. We have a moral imperative to act fast.
Revolutions of this magnitude in history required bloodshed, and you're worried about us giving out some Sats to a few cheaters? Fuck that. Let the cheaters cheat. We have bigger things to worry about (such as toppling the fiat system).
Your brain is a neural network.
There are many components of human biology which makes it very unique to "be" human.
But the part of being human which deals with creativity, pattern recognition, and story telling (which are the parts behind writing sermons) are not very different from machine AI.
Besides, if you believe you were created by an even more powerful intelligence, how aren't you an AI yourself?
Stablecoins aren't permissionless
I agree.
But even Bitcoiners are using fiat more often than they use Bitcoin. They aren't making a big deal about using permissioned money, so why would anyone else? Especially when that permissioned money is even faster/cheaper to transact with.
... then Bitcoiners would be using it instead of just hodling it.