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You cannot serve both money and God.

In a debt-based monetary system, it's near impossible to not serve money.

#Bitcoin is Christian money.

JimmySong ¹

This is how Jimmy Song, a prominent Bitcoin puritan describes it in an attempt to promote his book "Thank god for Bitcoin", coauthored by Robert Breedlove, J.M. Bush, Gabe Higgins, George Mekhail, Lyle Pratt, Julia Touriasnki, and Derek Waltchack ². Breedlove's recent Onlyfans Girlfriend fiasco ³ where he left his tradwife and daughter in financial hardship , for an Onlyfans model less month after saying that "Porn is for weaklings" , is proof that this claim is completely nonsensical.

As pointed out in Lopp's A History of Bitcoin Maximalism many Bitcoiners engage in a list of lifestyle subcultures:

  • Anti-woke
  • Carnivory
  • Laser Eyes
  • Anti-woke
  • Weightlifting
  • Tradwife culture
  • Climate change denial
  • Overt Christian moralizing
  • “Have fun staying poor” retorts
  • Rejection of seed oils and sunscreen
  • Vaccine conspiracies, alt-health cure-alls
  • Contrarianism for the sake of contrarianism
  • Political populism and support of strongmen
  • “Fiat” criticism of contemporary art and architecture

Non-surprisingly, Breedlove lives hes lifes by following many of these subcultures , he was a quintessential Bitcoin maxi of sorts for some, now he is the laughingstock of Bitcoin moralists and Bitcoiners in general, moralists now see him as an idiot because he was not able to keep up with the purity test which makes him a filthy FIAT person like everyone else, who has a lower moral standard, while non-moralists see him as an idiot because he imposed these purity test onto himself that no person with two braincells would be able to keep up for long and of course he didn't.

This is not to say that Robert is a midwit, in fact I always thought very highly of him outside of his controversial antics, The Number Zero and Bitcoin is still one of my favourite Bitcoin articles, and despite Breedlove's wordsaladism, I will keep recommending it to people, but to say that arbitrary morality and purity tests don't make you a good person, they simply make you a moralist and a purity tester, and once you fail the tests, you'll bee seen as worse than anyone who never even tried to do these things in the first place by the very same people who got you into this.

Now, how does a person who's considered a philosopher, a good example of American right wing traditionalism, and a Bitcoin influencer, become FIAT AF ¹⁰ out of seemingly nowhere? Simple, he always was this kind of person, and none of these arbitrary tests, no amount of virtue signaling, and especially not Bitcoin could ever change that fact.

What I want to say with all of this is: Bitcoin won't fix the moral system through its incentive structure as some claim ¹¹, it won't bring back "traditional values" ¹² where men are real men who provide for their families and women are real women who give birth to children every 2 years and cook for their hardworking and providing christian husbands ¹³, it won't solve many of the "problems" the common moralist Bitcoiner sees in modern society, and virtue signaling about it won't do anything for you other than get you deeper into the hole, be prepared to be disappointed, because Bitcoin and morals have absolutely no relationship other than the one YOU think it has.

Link index:
1: Tweet by @JimmySong from 2021/Aug/31
2: "Thank God for Bitcoin" on goodreads.com
3: Tweet by @Breedlove22 from 2024/Mar/21
4: Tweet by @RaisingLove21 from 2024/Mar/22
5: Tweet by @brian_trollz from 2024/Mar/22
6: Tweet by @Breedlove22 from 2024/Mar/10
7: "A History of Bitcoin Maximalism" on blog.lopp.net
8: Tweet by @bitcoin_clown from 2023/Jun/05
9: "The Number Zero and Bitcoin" on medium.com
10: Tweet by @xpugHODL from 2024/Mar/22
11: Tweet by @HodlingCarla from 2023/Feb/23
12: Tweet by @nftisgood4me from 2023/Mar/15
13: Tweet by @gabyvivasbtc from 2021/May/03

Zion and ArcadeCity have a few things in common.

It all feels like a mix of vaporware and beta-grade software that is perpetually either coming soon, being rebranded, being rearchitected, or almost ready.

Hope to be proven wrong.

Just go check-out the PRs on some of the repos for both projects.

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Hopefully Lightning and Rollups will make Ethereum obsolete so we can get away from the chaos of the bigger crypto market.

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How often are you posting Matt? If not very often, how do expect SN to look the way you want it?

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It's a synthetic fiat. Kollider offers options contracts. So by paying $100 BTC to short $100 worth of a BTC/USD "perpetual swap" position at 1:1, you essentially have a (relatively) stable USD. When the BTC/USD value goes up your short position loses value but the BTC goes up at the same rate. At any point in time your position should be worth around $100.

There was a post earlier in the year where Kollider explains these:

Synthetic Stablecoins on Lightning
https://stacker.news/items/12413
https://twitter.com/kollider_trade/status/1496507594214723590
https://nitter.it/kollider_trade/status/1496507594214723590

This is not without risk, as Kollider is custodian, firstly (not your keys, not your coins), and there's volatility risk -- where either a price spike or a selloff is so brisk where your position is out of balance due to reasons that happen in times of wild volatility, and your short position gets closed. That would be bad.

Or, if Kollider is hacked or otherwise exploited. This would be relevant reading, on that topic:

The Kollider Exchange, Two Attacks Later
https://stacker.news/items/43096
https://notgeld.medium.com/the-kollider-exchange-two-attacks-later-225d4e88e579

Also,Kollider is (currently) what StandardSats uses to offer their synthetic stable as well.

StandardSats SBW -- LN wallet with Fiat-denominated custodial channels -- now available on Google Play
https://stacker.news/items/37578
https://play.google.com/store/apps/details?id=com.btcontract.walletfiat

What is the Lightning Network? Lightning-native synthetic assets
https://stacker.news/items/16742
https://standardsats.github.io

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The Atlas Maneuver by Steve Berry. It's a thriller aound Bitcoin. There is an interview available with the author on the What is Money show.
https://m.stacker.news/22557

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Kendrick Lamar - HUMBLE

Bitch Be Humble
Stack Sats!

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Gary Gensler is an anagram for Les Angry Reg.

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Sounds like a StackerConf 🤘

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Jimmy The King
By Gus Garcia Roberts

I don't see this book having much appeal to the typical stacker. I'm reading it because it is a New York tale of incredible government corruption. In my younger days I crossed paths with some of the people in this book, so it's more personal curiosity. However, the corruption recounted here is probably matched and exceeded by governments worldwide, so I guess we all should be aware of it.

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I think the recent fud is because you chose wasabi for coinjoin, when its said that wasabi partners with a leading anti-privacy webcrawler like chainalysis who acts for governments and big tech. That's something I'd expect from ledger perhaps, but didn't see that coming from trezor. I guess I'd like you to justify the use of wasabi and let us know (those of us who are worried) how using wasabi won't compromise our privacy.

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Some libertarians argue that open borders can only work if there is no welfare state.

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Appreciate the shoutout!

Frontiers can be everywhere in ~culture.

100% agree, didn't mean to sound too 'Murican haha. Maybe I've come around again. SN will evolve, maybe some will abandon the cowboy theme if the option arrives, maybe some keep it and in the future it becomes akin to the "floppy disk" save icon, a relic of the past.

So there could be cowboys in outer space...

I think this is exactly where we're headed as a species lol.

I think the frontier aspect of the site will never leave, since the real frontier is bitcoin, but for sure that will take many forms. I just really like the design of the site so far, and it makes sense to me to build the site as if you're letting people build on a plot of land.

If bitcoin is a gold rush:

  • Twitter, reddit, youtube are the people on the East Coast still
  • SN/nostr are the ones racing West and building the towns

Btw, what might "borders" look like on SN? I thought about this while reading that cross-post discussion. I thought about if I was cross-posting from ~UFOs to ~history or ~tech, the founder should probably have the option to "close their borders" if they don't want cross-posts from my territory.

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Some response:

  • 1 - I agree, plenty of content
  • 2 - This is the big one I think could be worked on. I often go directly to the comments section on HN because the comments have much more nuance and analysis than the actual article. I don't know how to increase comments (and comment quality) but through more users.
  • 3 - I think this is actually of minor importance. The features are rich enough that the site can be used for it's primary purpose. I would like to see a 'referral' type of functionality so I can spend some money to add some friends, should they want it, but otherwise minor tweaks with loading speed, bios etc. are nice but not going to make an appreciable difference. Personally, I would prioritize on features based on user growth potential (referral, etc.) but, regardless, I think key functionality and functionality shipping speed is good.
  • 4 - You did a 'where did you find SN' question a little while ago and I was surprised at the diversity of channels that people found this site. Though anecdotal, I would take that to mean there are many different avenues into SN, so casting a wide net and advertising in many different internet venues is valid, at this point.

Though a little tangential, and very low priority, I would like to see a kind of "state of SN", displaying user growth, current number of users, where users heard of SN, etc. etc. Maybe this could be done quarterly or yearly? Not critical or anything but it would be nice to see how many other lurkers like me are on here and to get a general sense of how many people are involved.

Just a random thought, there's some "web monetization" folks that essentially allow you to 'tip' the websites you go to (maybe by buying coins through some host and then going to a site with a referral link or other identifier?). Maybe there's some way to provide a 'tip website' feature for sites, links or people that support it, so that you can not only tip the person who submitted the link but also tip the creator of the content as well? Though potentially ripe for abuse, this might help drive users by a kind of word of mouth advertising.

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To a first approximation it will probably be pretty similar.

However, I think because Bitcoiners tend to have low time preference, and that's a heritable trait, future generations are less likely to squander it.

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ᕦ(ò_óˇ) Day 14 of exercising everyday before the saloon opens

2 weeks! Some conclusions:

  • I sleep way better now
  • I have more energy
  • I feel like I'm on a good track in life
  • I'm stacking sats
  • some people were inspired
  • public accountability works but it's weird. Why can't I just be accountable towards myself? Are we that much social creatures? That we need other people to keep us accountable? A quote I'll never forget from an ASMRtist is this:
we're as much social creatures as we like to deny it

I woke up at 9AM, stayed in bed until 10AM, got up, noticed my body hurts from the workout yesterday and just went outside for some fresh air and sunshine.

Living the plant life

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Question #5: What would you like to see the Bitcoin community do to improve the perception of Bitcoin for those outside of the industry? Does it matter what nocoiners think of Bitcoiners?

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I'm an older guy (40+). Not as old as @DarthCoin but I do know how to code so I make up for it in other ways :)

The funny thing about being older and having more life experience is that you have a difference perspective. You see things a different way because you've already been there and done that.

Some might call it wisdom. It doesn't mean you're more intelligent or have more knowledge about a particular topic but it does tend to mean you see through more bullshit.

TOXIC is just a perception. Two different people can read the same thing and have different feelings about it. When I read something @DarthCoin wrote I don't always agree but I always try to consider why he's saying without dismissing it. I ask myself, what piece of the puzzle am I missing? I try to fill gaps in my knowledge by listening to people with more experience than I.

The other thing that happens when you get older is that you realize how much time people waste trying to be nice to each other. Your recent breakup is a perfect example of this. Sometimes people are too afraid to say what they really mean. They think hurting people's feelings matters more than telling the truth. But the alternative wasting people's precious time on this earth. Spending years in a toxic relationship is much worse than being toxic with words.

The reason breakups hurt is because your expectations didn't match up with reality. That's all. You spent 2 years trying to make it work and it didn't. That fucking sucks. But if something isn't working you've only got two choices, you can spend another 2 years trying to fix it or you can end it and move on with your life. It's never an easy choice.

Nevertheless, the choice has been made and now there's a new path forward. That's a good thing. See it as a new door opening and an opportunity to experience whatever life has to bring you next. It might not feel like it now but it's actually a pretty exciting pivot point that we only get to experience every so often.

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Ringworld by Larry Niven. Truly insane sense of scale. Good old sci-fi no bullshit, perfect for escapism.

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