Friday, May 30, 2025

Fear and Loathing

 GM.

I'm so glad I wasn't in Vegas. Everything I have seen confirms my suspicions. The world financial apparatus, led by the US and aided by an army of people who only care about number go up, is trying hard to co-opt Bitcoin into a custodial asset, managed (aka controlled) by them.

Don't fall for it. Bitcoin MUST be a peer to peer technology for it to succeed (NgU is NOT succeeding). I refuse to believe that it's "inevitable" that we'd get this fiat managed outcome when we hit the mainstream.

Bitcoin is money for people; not governments, banks, and corporations. Fuck them. They've had their chance to run things and they've broken nearly everything.

HODL

hodl@primal.net

18 hr.

It feels like Bitcoin has finally crossed the Rubicon into the mainstream both a triumph and a tragedy.

Walking around the conference this year, you could easily mistake it for a fintech summit or SaaS expo in Vegas. Same blazers, same VC pitch decks, same awkward networking energy. The suitcoiners outnumber the cypherpunks by 100:1.


Etc . . . From PRIMAL 

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