- Love decentralization yet use centralized exchanges (no DEX for BTC).
- Love free markets yet hate venture capitalists (free market actors).
- Love open-source yet hate an entire revolution of new open-source apps.
- Love freedom to do what you want but don’t work on non-Bitcoin things please.
- Love freedom of speech but will censor devs from Bitcoin podcasts.
- Love Bitcoin as best money but only hold as passive asset please.
- Love truth-seeking but create thought bubbles to live in.
I love Bitcoin, am long BTC & have worked in the Bitcoin ecosystem for years. I have several friends who are on the maximalist side, but oh man, the discourse is rapidly getting worse!
Where is the open-minded, freedom-loving, intellectually curious community of 6-7 years ago?
My working theory is that being radical and loud got rewarded. The more radical you are, the more engagement you get, so within the maxi crowd climbing the ranks translates to moving to extreme worldviews.
I continue to believe that majority of Bitcoiners are not like this.
I often get a ton of private support when I speak out against the loud minority.
First, private support is great, but please don’t fear the mob and speak up in public.
Secondly, we’ve built a positive, intellectually curious corner of BTC devs. You all are welcome!
• • •
Missing some Tweet in this thread? You can try to
force a refresh
VCs have reduced power and ownership in crypto protocols. Tweet thread👇
1/ Founders, VCs, and employees primarily owned web2 companies. The general public couldn’t participate in any economic upside for the first 10+ years.
2/ Web3 protocols are different. These are not companies.
These protocols can launch through mining-only (e.g., Bitcoin, CityCoins), regulated public offerings (e.g., Stacks), Reg S, and Reg CF (e.g., on platforms like CoinList and Republic).
Bitcoin maximalism is limiting the growth of Bitcoin.
Retweet for visibility if you agree.
Tweet thread👇
1/ Bitcoin maximalism as a strategy for growing Bitcoin is failing.
The maximalist narrative has lost touch with reality. I say this as a Bitcoiner who started in 2013. I’ve held BTC through multiple bear markets & spent years building apps & protocols on Bitcoin.
2/ Bitcoin maximalism assumes a zero-sum world. However, we’re in an expanding crypto economy.
Attacking developers and new use-cases doesn’t help Bitcoin. It only encourages those developers and use-cases to move to other ecosystems like Ethereum and Solana.
I've been politely responding to criticism from @adam3us@notgrubles for weeks.
It's time to set the record straight RE Liquid vs. Stacks.
Please retweet to help educate people.
Tweet thread👇
1/ First of all, I highly respect the contributions of Adam Back and Grubles. We can disagree on some topics, but that does not take away my respect for them.
Let's dive into their criticism of Stacks and how it compares to the work they prefer: Liquid.
2/ Liquid is a federated (closed) network where you trust a handful of signers to operate the network and secure your LBTC (a Bitcoin-derived asset).
Liquid has no connection to Bitcoin other than using LBTC, i.e., no connection for consensus, smart contracts, security, etc.