criptobastardo on Nostr: So called bitcoiners coming from their first world countries atacking people in the ...
So called bitcoiners coming from their first world countries atacking people in the ground in Africa/Latam just because they don't understand how things work or because they think that #Bitcoin adoption is only possible by their guidance.
Fuck off!
We do agree that shitcoins are dangerous and that we have to stay in #Bitcoin. The long term run is something where only BTC means a shit, specially beacause CBDC are coming... That's where we all agree!
But in practice and in this adoption phase that we're walking trough, developing markets are looking for dollars, so it's really normal that people ends up using also stablecoins. Should we demonize that? Even when I've been part of those blindly critizicing it for years, I don't think so.
I changed my mind in this particular matter and let me explain why:
The main option (USDt) is a centrallized and private issued token that also uses whatever blockchain yada-yada that they have to use to get the USD flowing.
It's obviously something different than Bitcoin but in these markets, it has a clear utility. We lack access to the USD and our currencies are worst than it and USDT grants that access (with its own limitations and trade-offs; again, stablecoins are not bitcoin. We do understand it, you're not specialy intelligent for pointing that out, we get it!).
Nobody wants to hold bolivars nor liras; but in our countries it's really difficult to get access to a USD bank account (which you probably already have, and even with the record inflation you're probably facing, it's nothing compared to what our currencies loss) and now that the banking system is feeling the pain, fighting to get that kind of access is even more dangerous.
The logic step is to go for Bitcoin, but it's not that normal to be able to save money so the volatility is something to take in mind. Long term views, low time preferences, those are rare privileges.
In fact, what makes Bitcoin interesting to the majority of people here is that they think that they'll get profits. For the vast majority of people is just a grab money thing... It isn't a political issue nor they're fightning for freedom and opting out the authoritarianism; we're not there yet.
And if you see that, and understand that maybe the references that you have in your country (Your USD/EUR savings collapsing, looking for other options, capital controls, fight against cash, CBDC, making a political stance) are not the same that we have in ours, you'll be able to stop moralizing what people does with their Bitcoin and how they teach it to others.
There is not an unique "bitcoiner" role model, because Bitcoin is something that humans use, and humans are diverse.
We share an ethos -those who are lucky enough to understand it- but that's not a final version of what people is suposed to do or to be.
Bitcoin is a tool, one that people is appropiating by theyselves in many different ways.
TLDR: If you want to help the Global South with #Bitcoin, just stop with the saviour complex🤷♂️
Fuck off!
We do agree that shitcoins are dangerous and that we have to stay in #Bitcoin. The long term run is something where only BTC means a shit, specially beacause CBDC are coming... That's where we all agree!
But in practice and in this adoption phase that we're walking trough, developing markets are looking for dollars, so it's really normal that people ends up using also stablecoins. Should we demonize that? Even when I've been part of those blindly critizicing it for years, I don't think so.
I changed my mind in this particular matter and let me explain why:
The main option (USDt) is a centrallized and private issued token that also uses whatever blockchain yada-yada that they have to use to get the USD flowing.
It's obviously something different than Bitcoin but in these markets, it has a clear utility. We lack access to the USD and our currencies are worst than it and USDT grants that access (with its own limitations and trade-offs; again, stablecoins are not bitcoin. We do understand it, you're not specialy intelligent for pointing that out, we get it!).
Nobody wants to hold bolivars nor liras; but in our countries it's really difficult to get access to a USD bank account (which you probably already have, and even with the record inflation you're probably facing, it's nothing compared to what our currencies loss) and now that the banking system is feeling the pain, fighting to get that kind of access is even more dangerous.
The logic step is to go for Bitcoin, but it's not that normal to be able to save money so the volatility is something to take in mind. Long term views, low time preferences, those are rare privileges.
In fact, what makes Bitcoin interesting to the majority of people here is that they think that they'll get profits. For the vast majority of people is just a grab money thing... It isn't a political issue nor they're fightning for freedom and opting out the authoritarianism; we're not there yet.
And if you see that, and understand that maybe the references that you have in your country (Your USD/EUR savings collapsing, looking for other options, capital controls, fight against cash, CBDC, making a political stance) are not the same that we have in ours, you'll be able to stop moralizing what people does with their Bitcoin and how they teach it to others.
There is not an unique "bitcoiner" role model, because Bitcoin is something that humans use, and humans are diverse.
We share an ethos -those who are lucky enough to understand it- but that's not a final version of what people is suposed to do or to be.
Bitcoin is a tool, one that people is appropiating by theyselves in many different ways.
TLDR: If you want to help the Global South with #Bitcoin, just stop with the saviour complex🤷♂️