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Tim Dillon on Dubai influencers getting rocked by missile attacks: "Imagine going to Dubai to... not pay taxes, to just be rich, to... divorce yourself from any kind of commitment to your fellow man... and then a war breaks out!" "This isn't supposed to be *that* Middle East." "All...

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So, does it matter that Bitcoin seems to be moving away from its cypherpunk roots? Bitcoin ETFs and Bitcoin Treasuries have taken BTC mainstream. So I asked Saifedean Ammous this very question. His answer might surprise you... 👀👇 "If you have very strong feelings about how people should and shouldn't use Bitcoin, you're in for a rough time." "To be honest, a lot of people project too much onto Bitcoin. Ultimately, it's just a bunch of software and anybody can use it in any way they want. Initially, it's a small subset of people that use it and then they start projecting their values onto it. And then over time, they expect it to continue to abide by that," Ammous said. "If it's a successful technology, it's going to be used by everybody. It's going to be used by small businesses, large businesses, governments, individuals. It's money. Everybody uses money. There are 8.5 billion people on Earth, they all use money and they're all going to continue to use money. And Bitcoin is just the best money." Ultimately, the protocol itself is immune to the financial instruments that TradFi has concocted. If people want to lend against their BTC or create complex financial products, that does not actually impact the underlying network. "The way that the protocol works is that it's completely blind to what you're doing with your coins on the Bitcoin blockchain there is no paper Bitcoin there's no such thing as paper Bitcoin there's only 21 million Bitcoin and every node makes sure of that every 10 minutes and then if somebody who has some of these Bitcoin on their private key decides to sell obligations or financial liabilities referring to that Bitcoin under any condition, that's their choice. It's outside of Bitcoin and it's outside of the realm of other Bitcoin users being able to say this is right or wrong and this should happen or shouldn't happen. People are going to do whatever they want with the Bitcoin, including selling access to it or exposure to it in all kinds of different ways. And if you don't like it, you don't buy it, you can stack your own Bitcoin." You can find the full interview for Cointelegraph in the 🧵. If you enjoyed this content, please like 🧡, retweet 🔁 and follow me 👋!

Gareth Jenkinson

34,417 Aufrufe • vor 10 Monaten

Catherine Austin Fitts: "The problem isn't that [our] currency is fiat...[and] you are not going to fix this situation by going to gold...the central bankers have accumulated all [of it]. [And] now...you're [saying] we're going to go to a gold system? Are you out of your mind?" This clip of Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (The Solari Report | Catherine Austin Fitts), is taken from a discussion with Jerm Warfare posted to the UK Column News (UK Column) YouTube channel on January 26, 2026. ----------------Partial transcription of clip--------------- "The thing that makes the current system what they would call slavery is debt-basing and secrecy, okay? And the failure of their elected representatives to obey the law. "So you have lawlessness, you have debt basing and you have secrecy, okay? The problem is not that the currency is fiat, because what I will tell you is if you go back through history, if you read Alexander Del Mar, the most effective currencies in the world are fiat currencies that are well governed. "We have a debt-based fiat currency that is not well governed in my opinion. But it could be. Now, remember, there has been almost no support in the general population for managing it responsibly. Everybody was like, no, don't manage it responsibly, get me my check. And if that means you're irresponsible, that's okay, I want my check. "But you are not going to fix this situation by going to gold and silver. You're going to make it much worse. Because while we've done this sort of hear no evil, see no evil, speak no evil, for 30 years the central bankers have accumulated all the gold. So now that they have all the gold, you're going to tell me we're going to go to a gold system? Are you out of your mind? "Because now they've got the gold and if you start a gold transaction system now you need gold from them and they've got you over a barrel, right? And what are you going to do to get gold? You're going to have to sell your land, you're going to have to sell your kids, you're going to have to sell real assets to get their gold, right? Why would you do that? "Why would you create— You know, you're dependent on your enemy now you're going to increase your dependency on your enemy now. You're out of your mind, okay? That's not a sound money system. Especially because they want to make it digital. And so they're going to have fiat gold, which is even— I mean, if you think fiat is bad, wait til you see fiat gold when they own all the gold. "So you know, what we want is we want a fiat system and we want it with lawful and no secrecy or minimal secrecy. You're going to have to have some secrecy and a good governance system. Can we get there? Of course we can get there, but we can't get there if you have an entire population that is absolutely committed to corrupt short-term behavior."

Sense Receptor

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