How to answer VCs and altcoiners during this time
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Venture capitalists and altcoin advocates: Why aren't you backing us in our struggle against the harsh measures imposed by the government?
Bitcoin supporters: Bitcoin was designed to be immune to government interference. You, however, presented yourselves as decentralized and hoped that the government would buy it. We have little sympathy for such foolishness.
Venture capitalists and altcoin advocates: Aren't you opposed to government authoritarianism?
Bitcoin supporters: Indeed, we are! That's the primary reason we choose Bitcoin. We value self-sovereignty and believe in being our own bank. We support individuals acting as their own banks, rather than alternative banks like altcoins and altcoin exchanges.
Venture capitalists and altcoin advocates: But we've contributed significantly to Bitcoin adoption! Shouldn't you back us for our efforts a decade ago?
Bitcoin supporters: That's not how it works. We support you when your actions are commendable. But we cease our support when your actions harm the cause. You don't get to rest on the laurels of what you did a decade ago. Frankly, the harm you've inflicted over the past 10 years far outweighs any previous benefit.
Venture capitalists and altcoin advocates: You should still support us! Otherwise, they might target you next!
Bitcoin supporters: That remains to be seen. For one, Bitcoin doesn't have an obvious target. There's no central foundation or entity that conducted the coin offering. Moreover, Bitcoin was designed to withstand governmental assaults. Just because you're crumbling under such an attack doesn't mean we will. In fact, we believe we'll fare much better, and such an attack might finally make it clear to people that Bitcoin and "crypto" aren't synonymous.
Venture capitalists and altcoin advocates: You're being incredibly toxic.
Bitcoin supporters: To you and other forms of centralized currency, indeed, we are.
jimmysong /
npub10v…psp42
2023-06-07 23:56:46
Author Public Key
npub10vlhsqm4qar0g42p8g3plqyktmktd8hnprew45w638xzezgja95qapsp42Published at
2023-06-07 23:56:46Event JSON
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"content": "How to answer VCs and altcoiners during this time\n----------------------------------------------------\n\nVenture capitalists and altcoin advocates: Why aren't you backing us in our struggle against the harsh measures imposed by the government?\n\nBitcoin supporters: Bitcoin was designed to be immune to government interference. You, however, presented yourselves as decentralized and hoped that the government would buy it. We have little sympathy for such foolishness.\n\nVenture capitalists and altcoin advocates: Aren't you opposed to government authoritarianism?\n\nBitcoin supporters: Indeed, we are! That's the primary reason we choose Bitcoin. We value self-sovereignty and believe in being our own bank. We support individuals acting as their own banks, rather than alternative banks like altcoins and altcoin exchanges.\n\nVenture capitalists and altcoin advocates: But we've contributed significantly to Bitcoin adoption! Shouldn't you back us for our efforts a decade ago?\n\nBitcoin supporters: That's not how it works. We support you when your actions are commendable. But we cease our support when your actions harm the cause. You don't get to rest on the laurels of what you did a decade ago. Frankly, the harm you've inflicted over the past 10 years far outweighs any previous benefit.\n\nVenture capitalists and altcoin advocates: You should still support us! Otherwise, they might target you next!\n\nBitcoin supporters: That remains to be seen. For one, Bitcoin doesn't have an obvious target. There's no central foundation or entity that conducted the coin offering. Moreover, Bitcoin was designed to withstand governmental assaults. Just because you're crumbling under such an attack doesn't mean we will. In fact, we believe we'll fare much better, and such an attack might finally make it clear to people that Bitcoin and \"crypto\" aren't synonymous.\n\nVenture capitalists and altcoin advocates: You're being incredibly toxic.\n\nBitcoin supporters: To you and other forms of centralized currency, indeed, we are.\n",
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