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TheBitcoinTroll
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2024-05-14 17:05:48

TheBitcoinTroll on Nostr: The Troll’s Open Letter to MOE Maxi’s, The crux of my battle lies in advocating ...

The Troll’s Open Letter to MOE Maxi’s,

The crux of my battle lies in advocating for sound money, confronting entities like the Federal Reserve and central banks, and putting an end to their global exploitation. My aim is to deprive central banks of the ability to erode my purchasing power for their selfish gains.

Your focus seems narrow, predominantly aimed at challenging Visa and striving for accessibility in fringe or illicit transactions within a system where the state maintains paramount control. My goal, however, extends beyond evading laws; it seeks to dismantle the very mechanisms enabling such regulations in the first place.

Achieving this goal hinges on establishing a robust store of value. While proponents of immediate transactions urge us to "make the payments they don’t want you to make," this inadvertently acknowledges the state's overarching authority while suggesting resorting to illegal means. The real battle should be against the entire system, epitomized by the metaphorical notion of "starving them out." By entrusting our economic energy to the #Bitcoin  network, we deny them the ability to drain our wealth, thus leading to their eventual demise.

Dismissing the significance of Number Go Up (NGU) dynamics is fallacious. It's often the initial rebuttal from those fixated on Medium of Exchange (MOE) functionality. Yet, NGU is pivotal—it signifies network growth, increased trust in capital, and enhanced network security through greater participation and capital infusion. A $500 billion network is more resilient than a $100 billion one; a $1 trillion network even more so; and a $10 trillion network exponentially reinforces these attributes. To overlook this reality is to engage in denial, rationalizing asset underperformance with moral justifications.

While payments remain crucial in the Bitcoin sphere and efforts are underway to improve this aspect, allocating resources towards MOE functionalities will naturally increase as the network expands. Your concerns are acknowledged but require more nuanced responses.

The true revolution lies in sound money. Pursuing fringe or illicit payments to defy authority as the primary goal risks falling victim to the totalitarian tendencies of the fiat system. For genuine revolution, unite within the Bitcoin network, contribute to its growth, and divest energy from the statist elites' domain into our collective network.
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