Gettin to that "quiet almost too quiet" phase of the market
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Part 3, money is not defined by academics
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Part 2 of n for series answering "what is bitcoin" for new users
Same as before, $100 to first person to call out if no new video in 7 days
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If I don't do another video by July 27, I'll pay $100 in
#BCH to whoever calls me out first.
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I remember in AP European History having to write 'doc-based-questions,' considering the "provenance" of sources; usually political pamphlets Didn't appreciate before the communist thunderdome of modern twitter
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12-18 months ago when I got into all kinds of Twitter vitriol re: lightning network
with a bunch of people who never used it and, I am certain, continue to never use it
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Bitcoin is still impossibly small. Maybe 100 true believers.
Incredible how much action and progress on the dev side. Software is a more exponential lever than you think...even when you already think this
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This kind of rally doesn't have a compelling analog with past Frito crypto cycles. Uncharted territory
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Because computer science has rational elements, it's easy to forget that software dev is iterative and empirical, not rationalist.
Sometimes whole communities define themselves by missing this, like BTC.
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Being a socialist is a great way to signal the amount of reality you can afford to ignore thanks to the surpluses created by capitalism
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I don't think modern problems are necessarily unique, but their expression -- the debasement of art and architecture -- sure seems that way.
When this trend occurred in the past, no one saved the relics.
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Bitcoiners like to talk about timing long term
So does everyone
That's not how we behave, though
Cyclical bull and bear markets always feel forever, even when you know better
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Bitcoin developer activity and tool quality is growing --- exponentially faster than ever before
Public sentiment continues to decay
Buyer's dream
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At the top of the market in 2017, it felt like crypto was mainstream
No matter what else happened, bitcoin would always be in the public consciousness
Peak 2013 felt the same way
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It's almost impossible for us to imagine how little normal people care about bitcoin. We've been in too long.
People don't care about bitcoin at all.
People care about how it impacts them.
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Practical (skill based) education has disappeared from public schools
Even "physical education" doesn't actually teach you how to stay in shape
School must be unlearned before education is possible
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PoliSci PhD in 3 books:
Commando: A Boer Journal of the Boer War by Deneys Reitz
The Battle for Spain: The Spanish Civil War 1936-1939 by Antony Beevor
Crystallizing Public Opinion by Edward Bernays
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I remember thinking how dumb anyone would have to be to listen to the Oracle at Delphi, but after seeing the modern alternatives I have a new appreciation for their wisdom
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It's increasingly apparent that many world leaders are not leaders at all but employees or middle managers. Anyone who has had a corporate job knows the work signaling type.
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Bitcoin has been relatively boring lately, as long as you don't count the exiled US presidential candidate counseling his fellow Caribbean-bound mega-rich about the perilous "dark alley" of underaged women
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