It ultimately depends on what you mean by "Bitcoin gone". If you are new and have only known bitcoin to be one of these 8 thousand others claiming to solve the blockchain trilemma, you'd be forgiven to think that bitcoin is just the most expensive coin. For someone with this motivation, a trillionaire (are there any), or a Government can surely reduce the fiat value of bitcoin and for them, bitcoin will be gone.

For those of us who love it for the sake of the network, the community, the legacy, the development and sheer audacity of its pseudonymous founder who embed a message for the world's most powerful lobby of people in its genesis blocks; for those of us, the network will never be gone, Bitcoin will never be gone.

This is what started it all. Just one lone cypherpunk convinced by the code of another one, "Running Bitcoin". This just goes to show that Bitcoin can never be gone till there are even two people who agree that it ought to run. And there are millions of us today. This is something you can never replicate with all the corporation/ foundation coins and their figureheads bamboozling newbies with jargon.

There was a time when r/bitcoin had to fight off a lot of concern-trolling and astroturfing. What if the hedge funds may well have found the holy grail of having a highly liquid asset on which they can call longs and shorts aided by concerted astro-turfing. Though it seems that the market moves on macro news these days, not on the forum or reddit sentiment. First it was Elon Up, then Elon Down then China down. Now we are trending sideways. Next breakout will be whenever Musk and Jack have "The Talk".

When we try to grab these newbies by the collars to save them from jumping off the cliffs, they sure don't like it. We keep telling them not to buy more than they can afford but they leverage. We tell them that DCA is better to manage risk, they FOMO all at once..

LOL. Show me ONE of these guys who is smart. Most times their intelligence consists of an irrational exuberance about the benefits of PoS and TPS claims made by centralized coins.

I had a similar sentiment. We need to memeify this topic with memes about haters versus hodlers.

Your point about NFT also brings a thought to mind that there are people who actually want to see such things on the Bitcoin network too. Some of the first NFTs were on counterparty which used the Bitcoin Blockchain (As per their website, how exactly, I'll have to see). A lot of the DeFi innovation has already been done for much longer than we realized. Like this website for Rarepepes.

As @TheUltraElite and @Welsh said, it all came due to the Bitcoin price appreciation. There will always be a group of believers who will want to use service on the Bitcoin chain rather than on the new corporatized chains. Yet, there will be those who want to do it fast. There was a viewpoint that Alt-chains are essentially experiment grounds and Bitcoin will eventually incorporate the things that work on them.

Some of these bitcoin haters seem to believe that if not for bitcoin, there own vanilla chains would have pumped their bags. This is one of the worst notions out there which a lot of impatient newbies find attractive and then start clinging to. That too seems to be the reason behind this sense of belligerence against bitcoin community.

I don't know if a class-action lawsuit is much different from what this Square led initiative is. There is this organization called COPA which has filed a lawsuit against his claim to The Whitepaper. Shouldn't that be enough?

The cringe and sheer disrespect in his words is obvious to those of us who have taken the time to read through Satoshi's posts and his interactions with his peers in the early days. Anybody with even an iota of decency and honesty would easily look beyond the slick image that worm of a man tries to project.
Yet, for idiots who are banking on his lunacy as a chance to get rich, shill for him with zero consideration for the truth and his obvious lies. We have all watched this scam playout in front of our eyes. On Twitter, the posts from their shills are A-grade shit. But like gmaxwell said, it takes a long time for conmen to be brought to justice. Its been only a few years of this charade and majority of the community, exchanges and businesses have already rejected faketoshi. All that remains is for a real world court to bring him to justice.

A billionaire who is known for having made his billions by betting AGAINST currencies taking interest in one of the most volatile cryptocurrencies, well, I don't think that harbors good news.

The whole crypto community is prone to manipulation and concerted pump and dumps. While we'd like to believe that something like this shouldn't be possible, if they could do it with currencies of countries, there is nothin stopping him from doing this with crypto. The central banks have bigger coffers but Bitcoin's volumes of around USD 40 Billion shouldn't be too hard to influence.

It'll be interesting to see something like this play out. It'll be another one of those times for the Hodlers to hold the line against the hordes i suppose.

OG, Your HODLer envy is showing.. This is new but I guess people who were making efforts to setup ways to spend Bitcoin and spending it themselves may look at the Hodling as a breach of promise, LOL.

The Store of Value use-case gained traction due to the delays in LN roll out and adoption. It is obvious that more p2p adoption would have been helpful but the emergence of centralized exchanges and intra-day traders betting on Bitcoin volatility changed everything. It couldn't have been foreseen that traders would so overwhelmingly take to Bitcoin than daily users.

With LN and the examples like Bitcoin beach, the time is right for btc to be used for payments by people who otherwise have few alternatives other than cash to save. As far as Michael Saylor is concerned, I don't think he'd advise anyone to bet the house on Bitcoin. He is a businessman and incorporated Macrostrategy to hold his reserves. Its not like he is personally hodling all those coins. Limited Liability helps.

Well, Drugs is a problem not just for the very poor but for the very rich too. I hear tales about how young people in villages fall prey to cheap drugs. At the same time, kids in high school at some of the most expensive schools around my place were recently busted for rave parties and abusing drugs.
Though the rich have a much better chance of coming out of addiction in one piece.

Your topic suggests that being rich and poor comes from mentality. I don't think that being poor places any sorts of restrictions on a person becoming wealthy. One of the wealthiest businessmen in Asia, the Late Dhirubhai Ambani wasn't born in wealth. There are several such examples of resourceful people coming from humble backgrounds and making it big. I think this plays out differently in the West and in the East.

The east has traditionally not been so hedonistic and materialistic. People's mentality and self-worth isn't affected by what society they are born in. Their breaking out of their classes is often a result of fearlessness, resourcefulness and just this insatiable quest to win. The poor/ middle class in the west become a part of the consumerist, debt-ridden culture. This isn't so in the east where saving and being debt free is considered important. As a young adult, you are protected from society's expectations because of your family. At the end, if you are lucky enough to have a loving, nurturing family, there is no limit to what you can achieve with hard work.

You have been barking the same thing for years now through idiotic, banned accounts. But you never actually go away. Nobody needs your repetitive, stupid takes.

You are incapable of convincing people not because Bitcoin is a cult but because you don't have a valid point with these delusions about "PoS" and "3rd generation blockcahin"..

Nobody is ignoring reality here. Every single individual understands the limitations and choices for Bitcoin. They also understand the logic behind those choices. The whole community and market have taken those decisions. Just because you hate bitcoin for not being what you THINK it should be, doesn't mean the rest of us don't get it.

This also doesn't mean that Bitcoiners are being left behind in making money out of all these foundations/ corporation coins. In fact, they put money into them all the time and make it back several times over. We just know that some centralized PoS shitcoin that you think has solved the trilemma, cannot be what Bitcoin is.

PoS coins serve a different purpose than what Bitcoin does. Its morons like you who don't understand this and keep hating on bitcoin and the community for your self-therapy sessions. Stop being such a useless human being and stop repeating yourself.

In the world of crypto filled with echo chambers, it'd be funny right now to go to any of the places where the BSV idiots congregate. They'll be busy pumping the shit citing the court win because there was nobody to fight against.

Typical of scammers, these people will probably pump their shitcoin for sometime before the lawsuit from COPA comes knocking to put them into their place. This is just so stupid that those with money can manipulate courts so easily. Just shows that how easy it is to game the legal system if you have money to fund.

The best day would be when these people still buying BSV on shit exchanges (coz most with an understanding of their interests have delisted it) will have it dumped on them by the scam artist.

As is usual for @franky1, He raised some issues with your whole funding model. You have received > 6000 Dollars. And still have a good balance to continue doing this. Have you addressed the issues that franky raised?

From your experience, you can easily tell that trust is a big issue when talking about crypto donations. Considering that everything is visible on the blockchain, it shouldn't really be difficult to have easily viewable reports that can make this more legit. For doing this, you may need to change your payment methods and how you generate the receipts. At present, the workbook provides numbers but no authenticity behind those numbers. I don't think it'll be so difficult to do.

You still have a lot of money in there so it'd be great if you can put up a system to manage this before spending that money. How do you spend the crypto for example? Convert it to USD i guess because you have applied for the non-profit tax exemption.

What do you use to pay out to the fast-food joints? They should be handing you out receipts too. Would be possible to collate them to create a trail too.

Finally, what are your thoughts on making this healthier?

That article is a whole lot of unnecessary research. China is not a country. It is a fiefdom run by the one party, CCP. The Chinese people had started to hope against hope that the CCP will continue to let them do "crypto". If you go to any of the recent projects, you'll see a Chinese community in there. This meant that the people liked crypto. Now the idea behind people forming communities and governance mechanisms online is something that the CCP naturally views as a corruption. The basic philosophy is one of decentralization and democracy.

The party controls what the Chinese think. It has worked hard over the years to mould them into workers and consumers suitable for the job assigned and to provide an internal market for growth. Suddenly, these people are having ideas about "governance" and "decentralization". To a party that keeps an eye on everything that the people there discuss and access on the internet, this is a dangerous idea. One that can easily "poison" the minds of their population they have worked so hard to zombify.

The shifting of miners will be a short term pain and I think, overall, bitcoin is better off getting rid of the CCP.

Corporations, NGOs, Governments, Banks manage themselves all the time with such governance structures. Do you want a corporation to make the monetary policy for you? Giving the example of BNB and CZs scrupulous methods to increase his platform's fee earning just shows that you do not understand the difference between Bitcoin and these other "corporations".

Bullshit. There is LN. It is far better than all the other in terms of scaling as well as decentralization as an L2 system. Go search for"El Zonte Bitcoin beach". Don't repeat uninformed bullshit fed to you by Ethereum and BCS scammer devs and telegrams. I have nothing against ETH. Yet, those pretending that ETH can be a decentralized, sound money are only hell-bent on pumping their bags.

More bullshit. There is no monetary policy. BNB is a centralized coin that runs on Binance's servers. If an online ledger is all you care about, just use your bank for all those transactions. Continue giving the power of your wage and consumption to your central bank, your politicians and your coprorates. That is how the world has always been. Bitcoin fixes that.

Concern appreciated. Yet, take off your lenses and prejudices from holding bags of BSC shitc-tokens and rug-pulls where you and everyone like you hopes to get a 100X before it all crashes down. Bitcoin is not playing that game. It does not have one of those scam devs that newbies pay allegiance to in their TG and Discord just to get in on the next closed door pump and dump scheme.

Bitcoin's monetary policy is its deflationary emission, hard-cap, the community, censorship resistant, commitment to being community driven and constant innovation. That is the only policy it needs. If you still view "monetary policy" from the perspective of a central bank, why are you even into crypto??

From Twitter to Reddit to this very forum where the seeds for the whole Bitcoin and crypto ecosystem were planted, you can see that people are free to say whatever they want about predictions of Bitcoin going down. Nobody stops you from doing that because there is no Bitcoin corporation. All that Bitcoin has is people who believe in its economic and political importance, those who understand decentralization and those who get what PoW is about. It has a lot of haters who hate bitcoin because it is not making them rich, it made someone else rich and they envy that, it doesn't let their shitcoins become 100x because Elon Musk doesn't understand it. There are plenty of reasons for these people to hate bitcoin.

Yet, all these haters are basically puny, fearful people who fear about not ending up rich. Those who get bitcoin, don't necessarily care about getting rich. They have been her when haters were not here. They will be here long after haters have found their shitcoin niches and gone away. It does not matter. Bitcoin carries on.

To all the newbies who keep hating on bitcoin, just understand that by the time you realize that only bitcoin can save your asses, it'll be too late. If you don't have the conviction and money, DO NOT BUY BTC. Go gamble your money on the PoS chains. Make your hundreds or thousands. Just remember that if you don't hodl BTC, you are just living on a prayer.

No matter how much you guys get fearful and hateful for bitcoin and its community, it'll continue being what it is. This is about the long term and about opening our minds to an understanding of the intricacies of the powerplay that has always guided history. The more people understand it, the more they'll know the importance of hard, honest work and open source money. And no matter how much it falls or how much it goes up, some of us will continue to stack.

You pivoted from talking about projects to talking to people behind the project. This is a pretty cool idea. I think a lot of the earlier projects started out from within Bitcointalk forum. You will probably find a lot of these people from the Altcoin ANN section.

While getting general crypto people to talk is great, it'd be exceptional if you can get hold of one of those anonymous scammer devs who keep pumping out shitcoin projects to rug people.

Besides that, if you can get some of the OGs from here to interview, that'd be nice too. From community mods, tech guys to constant trolls, BCT has a lot of interesting crypto characters. Best wishes for this..

Made an account and reading through the documentation to understand what this is about. I am not really into trading so this is going to be a learning experience from me.

Reading about the profit calculation, is this website going to be about returning the profits in terms of BTC and not stablecoins per se? If it is so, I think its a great idea. It'd be great if you can include small tutorials about how to use the website. This would be good to onboard newbies like me because the idea of "batch auctions" isn't something we hear about everyday.

If you can provide a bit of hand-holding, people like us will be open to exploring more.

This is an overall positive. Elon tried to troll Jack like a 15-year old with that "Bicurious" comment. Jack kept his cool like what you'd expect from a billionaire who heads the most influential social media tool in the world today. To the Bitcoiner in me tired of Musk's childish statements, Jack's mature and simple invitation was a perfect contrast to his increasingly foolish behavior.

Lets us hope that Jack can get the Man-child Musk to understand the importance of PoW and Bitcoin network. If nothing else, the event may well be a great chance to uncover Musk's shallow understanding of Bitcoin.

India as a nation is built on the ethos of plurality and "Unity in Diversity". The unique position and strength of Indian democracy has always been the fact that religious minorities have never been subject to a compulsion of conforming to the majority's point of view. This has also been because the Hindus have been tolerant and big believers in constitution rather than religion based outfits to assert themselves.

I don't know if you have followed mainstream media, SM etc over the last 7 years but under this Govt, this dynamic has changed dramatically. More and more Hindus are told that they are in danger, especially from Muslims and Christians. This is an extremely dangerous path. It started with the silence on lynchings, cow-vigilantism and open demonization of Muslims in the media. What to say about the troll armies on Facebook, Whatsapp and their continual projection of Modi/BJP as the only savior against a tide of Beef-eating, Love-Jihading, dangerous Muslims.

These are the reasons that I think this Govt has undermined democracy in ways we never thought possible. Some people disagree and think that people like us are being alarmist to be so anti-BJP. Frankly speaking, I think if this Govt continues down this path, we will be staring at an obnoxious country of majoritrians that will be a pale shadow of the India that was respected for its democratic credentials through the past decades despite its limited economic or military might. Then again, I also have hope that democracy as a concept is resilient and sheer geo-political compulsions will save India from the Modi-Shah juggernaut of absolutism.

No they are not. It was the responsilbility of central institutions to track the virulence, spread and mutation of the virus through genomic studies and a scientific approach towards managing the epidemic. Instead, Modi and his minions were busy in celebrating his personal brand and vaccine diplomacy while declaring victory over Covid.
Mumbai and Maharashtra had been struggling throughout the past year. Instead of exploring the possibility of a more virulent strain, BJP was busy in trying to single out the Thackeray Govt for "mismanaging" Covid. Taling about State-central power distribution is simply an argument to make an excuse for refusing to see that Modi was being a megalomaniac while Shah was probably busy plotting a Madhya Pradesh for Maharashtra.

For those pointing out the 17 year old and getting surprise at him being such a hustler, don't forget that he is a South African, LOL. Think about that other crazy genius from South Africa you keep hearing about..

I guess the history of being sons of Diamond miners and the descendants of crazy sailors who stopped by at the "Cape of Good Hope" does give you some inspiration to be a hustler and try to kick your way out of the all the shit. Especially when they ended up regressing so hard in socio-economic terms by becoming the perpetrators of Apartheid regime. And its hard for them to let go off those questionable pirate ethics. Does anyone remember Hansie Conje and how cricket was tarnished with their match-fixing shenanigans.

Just imagine, if not for racism, South Africa could have been the best example of unity in the world and an inspiration to much of Africa, like Nelson Mandela intended. So much good they could have done. But unfortunately, generations of division cannot suddenly disappear and today, South Africa is really just another developing and dangerous country in the world.

Yeah this is great. Rejala has been tweeting about it right since Nayib Bukelele declared his intentions. Apart from Paraguay, there is the small pacific island nation of Tonga looking to bring in bitcoin through legislation.

They are essentially trying to be a hub for crypto companies. Bitcoin should be the first step in any case. I personally have high hopes from Latin America. These people have seen a lot of suffering and violence but are culturally pretty creative and technologically sound. I hope they can stop being footnotes in America's "War on Drugs". I am sure the descendants of some of the richest ancient civilizations have more to offer than winning the tags for the most violent countries in the world. Its just all so backwards. Ditto for our African brothers. Bitcoin fixes this.

Sometimes I wonder if people like you are conmen or just plain stupid to harbor such delusions.

That whole crap of a "project" is talking about this idiotic idea of pooling everyone's Ethereum in a smart-contract and that smart-contract giving out some tokens in return.

Then you go on wasting so many words on declaring "ETH-WORLD will increase in price", "ETH-WORLD will be stable and banks will buy it" with zero backing of your arguments. This idea is nothing new. People have been trying collateral based stablecoins for a long time and are doing a much better job than calling a 42 point document as their "project". The time i wasted in skimming through that absurdity is now forever wasted.