Bitcoin

Hot take. 

₿ is cool . But it’s sold out to vanguard Blackrock and the fintech elite for a while now. 

Any allusion to it as a solution is lost. 

Freedom to transact for sure. 

Freedom from The chains of life, not even close. In many ways the opposite. 

Why I think Ξ as a world computer is so much more interesting and liberating. But works best when cheap and plentiful. 

‘Have you thought about selling your Ξ?’

Own the ₿ live one Ξ

don't understand this take because these people have no outsized control over Bitcoin

they don't mine, they don't contribute code

they just own BTC, like every other person 

on the other hand, the ETH braintrust has decided that trying to court "Institutions" is a good idea

if you gonna call out BTC for being captured, hard to see how ETH is the alternative

incentivizing things @ poidh.xyz - come chill /poidh + follow @poidhbot

Jamie Dimon owns like 5% of Ethereum supply

I can envision a world where Ξ is cheap cheap cheap. But the value of the network is enormous. (It’s something I’m trying not o wrap my head around currently) 

(EF hates the app layer. Major flaw in my logic) 

Does ₿ ever become the world computer. Or just digital gold. 

Just half baked thoughts from the hip mostly. I always found Ξ to break when it got expensive and fomo. 

Unscalable gas. ⛽️

the world computer still needs ETH to go to the moon for it to be decentralized 

if ETH doesn't make sense to hold, the decentralization collapses because what's the incentive to stake?

that's my problem with ETH, it's trying to play too many games at once

also all you've said is well and good but it doesn't change the fact that if you are going to say Bitcoin is captured because finance people own it I don't see how the same logic doesn't apply to each

As a financial freedom game. Full (relative ) capture. Not the network. 
The price. 

Ξ still could be. Google. Oracle. Meta. Azure. AWS. 

All for free. World computer. No gates. Value ‘can’ fully flow to the app layer. 

₿ likes ₿. It’s a numbers go up game. Ξ has many shoots and layers. 

One pushing for usability. The other pushing for Valhalla.

It's hard to see BTC being a neutral global currency while a few individuals hold so much already, but I agree about Eth it's even worse. I still doubt the actual new world currency has been invented yet, I think we need a major collapse of the current world order then people will create it out of necessity. But I'm coming around more to BTC being a good option than I thought in the past.