Humanity has not learned how to scale.
Everywhere we go we can find examples of tribalism.
The context is irrelevant.
Tribalism is everywhere.
- Mean girls in high school are tribalist.
- My friends are better than your friends.
- Nationalists are tribalist.
- My country is better than your country.
- Sports fans are tribalist.
- My team is better than your team.
- Money itself is tribalist.
- Poor people are the worst.
Bitcoin maximalists are extra-special hypocrites.
People just can't help to try and create small elitist groups that lord over the less fortunate groups. The pyramid is the most resilient shape. We create our socioeconomic structures in the form of a pyramid for a very good reason. Should the system fail than those at the bottom will be sucked through the meat grinder, and not those at the top. This allows those in power to secure their positions of power and build dynasties that can last for hundreds if not thousands of years. It only makes sense that those in power would build a pyramid to ensure that if something goes wrong they'll still be on top.
The foundation of tribalism is rooted in scarcity. Back in the day there were simply not enough resources to go around for everyone to survive and thrive. Now we are trapped somewhat in the opposite situation, where resources are heavily abundant but we have to make them artificially scarce so that these medieval systems we've put into place don't break down at the seams.
It's somewhat comical that hive species like ants and bees had figured out this evolution long before humans even existed in their current form. We seem to be trapped in a constant cycle of building empires that are doomed to implode due to their inability to scale. At the core of this corruption lies greed itself and the inability to trust humans that ascend to power positions. Perhaps we need rules without rulers.
The Swarm governs itself.
But back to maximalist hypocrisy:
Bitcoin maximalists are the worst kind of tribalists, because they pretend to want to evolve while simultaneously backsliding into the same old habits of naivety and greed we've seen in the past. Anyone who believes in decentralization would know that thousands of new currencies popping up is a good thing. There is no competition here. There are no ______ killers. Calling everything a shitcoin that isn't Bitcoin makes one look like a complete toolbag.
It is a heinous double-standard to assume that Bitcoin is the only valid form of currency in the world and that all currency will eventually die and Bitcoin will reign supreme over all the other foolish peasants that dared oppose it. That is a ridiculous paradox of cognitive dissonance; a self-defining non-reality that cannot exist.
These kinds of situations always remind me of my gaming days back in the World of Warcraft era. These nerds in World of Warcraft, who were mercilessly bullied in high school and totally powerless suddenly found themselves inside a niche power position inside this social game (Guild Leaders). They then proceeded to immediately flip and turn into shittier people than their own bullies in high school. It was a mind-blowing transition to behold.
Such hypocrisy, much WOW.
And that was only 1 person holding power over the heads of 40 other people. Just think about how bad it gets when one person can lord over millions of others. The power goes to their heads instantly and they immediately become corrupted by the power that was bestowed to them. Absolute power corrupts absolutely, every time. You aint special. You're not going to magically be the one person immune to these happenstances. It is comical how many people just assume that things would be better if they were in charge.
But it doesn't actually matter what Maximalists think.
Now this is the truly funny part. It does not make a damn bit of difference what these toxic tribalist hypocrites have to say. They work for us, and there is not a damn thing they can do about it. I direct you now to the first blog post I ever wrote on this chain:
December 18th, 2017
The Cryptocurrency Bubble vs Dot Com
How glorious it is that this is my first post ever.
Like wow, seriously though.
People are still comparing crypto to Dot Com like total toolbags, acting like they know what they are talking about. Comparing Bitcoin to Amazon is like saying that Amazon was the first Dot Com business ever invented and that all other Dot Com companies were just sad clones of Amazon. It's nonsensical.
Back to my first post ever.
Gonna reread it now and grab some quotes.
In my wildest dream I now think of Bitcoin as the great leader of an army. Every altcoin is a new soldier. Many of these new soldiers even have better armor and weapons than Bitcoin itself, but far less training. Some are simple farm boys marching into slaughter. The enemy? Greed. Bitcoin will lead the charge, breach the gates for all his loyal soldiers, and will die valiantly for his noble cause: to protect the weak and and expose our evil overlords for all to see. I expect to see a financial and industrial revolution of biblical proportion, where open source decentralization and transparency trump the glorified mobster society that we live in today.
Wow I wrote that in 2017 and I'm way more educated now.
It is even more obvious now that Bitcoin is a living breathing entity; it is nothing like a zombie corporation that can live forever as long as it eats enough flesh. I believe Bitcoin (and every other crypto) will act as such:
- They will be born.
- They will live.
- They will be children.
- They will be teen-agers.
- They will live out their 20's, 30's, mid life crisis, etc.
- They will grow old.
- They will die.
And I'm starting to think that crypto will live similar lives as the humans themselves that utilize them. Bitcoin is not immortal, and that is a feature, not a bug. Cryptocurrencies are going to have life expectancies and primes just as a person would. Of course we are on the brink of war combined with the fact that the genetics of crypto are still in the infant stages, so there will be far more fatalities during these opening phases of metaverse seeding.
In fact we can see this playing out right now.
Bitcoin is maturing.
It will be a teenager is less than one month.
The market already feels different than it was before.
And it will continue to mature.
So when I say Bitcoin is the meat-shield...
Bitcoin has already broken through the gates of the walled garden. Look around. How many centralized projects exist today that absolutely could not have existed before Bitcoin? There were actually multiple digital currencies that died instantly during the dot com era because they were centralized. Now those same exact projects can pop up and Bitcoin defends them simply by existing. How crazy is that?
So it actually doesn't matter how toxic and ridiculous these self-centered tribalist hypocrites are. Bitcoin is not a store of value; it is a store of security at the infant stages of a digital war. If you were about to join an army in a war against multiple Goliaths you'd probably going to want some security. Right?
Another analogy.
Think about the legacy economy as a herd of dinosaurs that would trample any competition underfoot before they can grow up to compete. This is exactly how regulation works. Once a business becomes "too big to fail" they capture the regulators themselves and bend the rules to squash the competition.
Bitcoin is like an annoying gopher building tunnels underground. The dinosaurs can't squish it. And now other animals are also using those same tunnels to avoid getting crushed by the dinosaurs overhead. The infrastructure being built here is cooperative and synergistic. It is a constantly expanding network, not a pyramid reaching toward the sky. This is the nature of flat architecture. These dinosaurs are about to fall into tarpits and quicksand as the ground gives way. But don't worry, we'll use their corpses to feed the emergent economy being built underground. We'll make it to the surface eventually, once all those annoying dinos are gone.
Conclusion
Are maximalists cringe? Yeah, of course they are. Have you seen Michael Saylor in any interview ever? The manic ramblings of a hypocrite leveraging a "rocket science" background into paradoxical economic prophecy. More like paratoxic, amirite? Still, we see that he is on our team, and no matter how cringe and ridiculous his politics are, this becomes largely irrelevant in the grand scheme of emergent anarcho-capitalism. Individual politics become meaningless in an environment of actual freedom.
Bad puns aside, it is important to reiterate that it doesn't matter what the Bitcoin community thinks. Satoshi Nakamoto was not a maximalist, and they created a system that is fully neutral. This neutral playground doesn't care about who thinks what. All that matters is that the environment can't be regulated or shut down by an outside entity. Bitcoin is here to stay for at least another 50 years.
While all this tribalism points to the idea that everything is in competition with one another, the exact opposite is true. All of these open source systems are building on top of each other and enhancing each other's ability. Just look at Ripple and XRP. How is it even possible that they are not only still in a legal battle with the SEC, but they also might win? The answer is that Bitcoin has made the project exponentially stronger than it would have been without it. Without Bitcoin, XRP would have collapsed into nothing immediately. The same is true for most if not all networks out there. Bitcoin was the seed of revolution, and it would be foolish to discount it one way or the other.
So when the regulators come knocking at everyone's door and pulling on all the low hanging fruit: the response should be obvious. Climb up the security tree and hang onto Bitcoin, because at this point is essentially unassailable and even defended by several billionaires and corporations themselves. Certainly, this is not an ideal situation, but crypto was never meant to be ideal in the first place. These were always "good enough" solutions, not great ones. Hide behind the meat-shield. Bitcoin is going to absorb a lot of these arrows without even flinching.
Isn't this 👆 the way of it? It's an inescapable truth with no real change in sight. Because as long as we persist in being "human" (which won't happen until... well... it probably won't ever happen...) we'll still have the same tendencies.
And what would happen if a number of "human anomalies" was to appear and band together? Well... that would be tribalism. 😂 Lol.
Once again, we're on the human track. Everything we create is just an extension of ourselves, and that includes what we create digitally. At the end of the day, we'll likely be blind to some of our most debilitating fallacies, and therein unable to permanently transcend ourselves.
Love the post. Great stuff. Nice ideas.
Awesome pics and illustrations too!
Thanks, and cheers! 🙂
All I can say is "Boom"
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And do it my style...
Read how this all have started with Toruk
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And I can't help but feel one step smarter and happier each time I read your content.
This is something I believe I've once made mention of, unlike you that is able to keep track of every shit you say, I most times forget mine.
However, Maximalist would go ahead to praise bitcoin and talk about the entire crypto market, yet forget that it only takes the collective buying power from every project for it to get there. I sorta feel the security shit when it comes to bitcoin, it is by far the most trusted network on a base level.
Everyone should actually understand that for Crypto to be a success, it will need as many projects rolling in. What is currently available isn't enough to give it that global adoption, I mean if it were, we wouldn't be here talking about it...
I'll gladly take the other side of the argument for maxi's and here's my case for why it exists and why it provides a valuable market solution
thebitcoinmanual.com eh?
What's up with that?
In any case, I read your post and I don't think you took the other side of the argument at all.
We're both saying the same things.
The meat-shield is the answer to regulations.
Bitcoin is too big to fail. The massive Corps already invested will smack down any attempt by the SEC to stifle gains. SEC is just 1 among many institutions captured by corporate interests anyway. These dips always pop up from time to time to shake out all the retail investors so that the Big Bois can get a very pretty discount. I see BTC consolidating between around 49k.
Some comical Bitcoin maximalists are even calling for the authories to "shut down Ethereum" because Gensler thinks all projects that had an ICO are unregistered securities if they didn't register with the SEC.
Ah is that what I've been seeing on Twitter.
Laughable.
Shows you they are legit afraid of ETH flipping BTC.
Especially when you look at how many EVM chains there are.
BTC maxis crying for the authorities to wipe out the other chains. That is what I'd call a lower low.
Remember when R2-D2 was shot in the dome by a storm trooper on Endor in The Return of the Jedi? There was a lot of screaming, lightning and sparks flying from R2 until he went silent. He was out of commission until the final celebration. That will happen to many maxis once the flippening takes place.
After a while, Bitcoin "maximalists" become influencers that try to hype people every single moment. Even when they are having an ordinary chat, they end up screaming for the price of Bitcoin to go up and test hundreds of dollars absurdly.
What's good about the raising awareness in crypto is that we no longer need any self-advertising "maximalists" to believe in the security and necessity of Bitcoin. It's better for them to keep their burning desire to sell BTC at higher level for the sake of both their and our ecosystem's well being ✌
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The bigger the market cap of the coin, the more the maxis behind it make me want to avoid conversation at all costs. I thought Ethereum people were bad until I read a few bitcoin maxi dominated threads. Those laser eyes start getting scary when you're on the bad side of a group of maxies.
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My nominee for Most Clueless Maximalist is Tone Vays.
Granted, he’s got a lot of competition.
I think BTC still has a position as the one that started everything and it's one coin I know the price will be stable or go up due to the institutional and wealthy people investing. However I agree with you in the way that it won't be the solution to everything. It just seems way to resistant to change with all the interests buying in
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My dad can beat your dad too, simple😝😹
It is obvious that a new technology replaces the previous one. We didn't use to know Bitcoin and blockchain till 2009. Now we have it as the newest technology. Some day in the future Bitcoin and blockchain will also be over...
A refreshing perspective.
P.S. When reading your dino analogy, I couldn't help thinking of DinoSwap a DeFi project on Matic that didn't work out too well for me. Then again, how could a raptor like me ignore a coin called dino? Cheers from Portugal, Hypersensitivosaurus
A very good, vivid analogy!🔥🙏
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I really like your posts.
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I hope you know the CCP is heavily promoting this analogy, you know give up your individuality and become part of the swarm, imagine what humanity could achieve.
But besides from that I agree, Bitcoin Enthusiast are nothing more than a shield for the real crypto-bros. They can even be charismatic, thinking of Max Kaiser. But Bitcoin will die and then only have nostalgic value to the collectors, the coin that started it all.
On a side note that Rules for Rulers video is a banger, almost as good has How to become a Pirate :)
Yeah. This sounds quite reasonable tovmy mind and intuition. Not the kinda stuff i am going to have access to read on many other outlets! Go Hive! Perhaps, another great shield before us.
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We know first hits to the shit units please
I have always felt like something was wrong with democracy, and rules for rulers explains it well.
I HAVE ALWAYS BEEN UNCOMFORTABLE WITH BITCOIN MAXIMALISTS OR ETHEREUM MAXIMALISTS.
I listen to them and read their words because I want to learn, but in my gut I felt like something was wrong.
I have gradually come to understand that my gut was not wrong, but it took my brain a while to catch up to my gut and make sense of the feelings.
You have succinctly explained these gut feelings, and explained our fascination with decentralization and trustless systems.
The best we can hope for as creators and innovators of systems to help people financially is to make ourselves obsolete and unnecessary. Teach people how to think produce for them selves, and create systems of code which govern independently and we will have succeeded.
Thank you.
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Ha HA HA
ReReading this for pure enjoyment.
Love it.
It reminds me of Vitalic Buterin's paper where he explained that Bitcoin was very good at one thing Security. ANd Ethereum was very good at one thing, Smart Contracts. He explained that Bitcoin was necessary for Ethereum to be possible. Ethereum would never be as secure as Bitcoin would never be as functional as Ethereum in terms of facilitating smart contracts. Then he said the Magic Words, they were designed within the limits of the knowlege we had them, but as we learn we will code better and better projects, as well as some which are not better. All are necessary for the space to develop.
I believe that in he clearly understands that age and evolution comes for us all. The planet and it's creatures evolve, as will code. Bitcoin is wonderful, it has led the charge and showed us that we can do better. Ethereum has evolved in a different direction and showed us we can be different.
I absolutely agree that both are maturing and showing us their growth, but like all financial tools and instruments we should admire them for what they do for us, but not fall in love with them. We need to be prepared to move on when the time comes and welcome the newer, better, cheaper, more inclusive, less exclusive blockchains and projects because they bring prosperity to different people.
I will always appreciate and admire Bitcoin and Ethereum for what they are making possible, but I love my wife and I use my tools, I do not confuse my tools with my wife.
Maximalism is admirable for it's loyalty, as loyalty is admirable, but these are code constructs, these are code tools, when better ones arrive, when better ones arrive which carry the originals mission to more of the masses, we have to be wise enough to embrace them.
The End... for now.