pahueg on Nostr: Have you heard about Travis Kling‘s theory „A Lack of Pretense That Any of This ...

Have you heard about Travis Kling‘s theory „A Lack of Pretense That Any of This Shit Does Anything or Will Ever Do Anything" and „Financial Nihilism: The Zeitgeist of Young America".

In it he raises some great points about how monetary relativism caused by global central banks has been driving people to speculate on shitcoins!

I have been in "crypto" for the past 8 years as well. For me personally though, I don't feel like being pulled into the pervasive quiet quitting mentality he describes.

As a matter of fact, I never felt more excited about this space. However, this is mainly because of #Bitcoin! Being an open-minded person, trained as a financial journalist, I always had the ambition to study and understand the entire space.

This has always helped me not drift into the Bitcoin Maxi camp, for better I would argue. Nonetheless, I have always been a Bitcoin realist.

Today, my excitment is growing because Bitcoin is showing real world adoption. The Bitcoin ETFs have only been the start. The big US banks are coming, it's not if but when as Howard Lutnick has been pointing out in one of his latest X posts: https://x.com/howardlutnick/status/1831080474124681316?s=46&t=dsOG2YNLvX4R1JCEEpiQ2w

Also, there is a lot of interesting stuff happening around scaling Bitcoin with REAL layer-2 technologies. There is decentralized social media taking off in the form of #Nostr.

The financialization of Bitcoin is happening as we speak. I can see it at the very bank I am working for. However, this inevitable financialization mustn't be bad.

In fact, there are technology providers out there like Debifi (npub19yf…mc68) that will make sure the financing of Bitcoin will happen in a peer-to-peer, non-custodial, open, transparent way thanks to multi-signature and collaborative custody - an upgrade to the system.

I recently got to talk about these topics with keidunm (npub1797…ar68) and preston (npub1s5y…6q7z) on a recent podcast. You can check the episode here: https://youtu.be/9LQ4AElWDMc?si=YNklO3uKLnCE4fcv

So, why am I telling you all this? I want to prove a point that „crypto“ can still be interesting, if you shift your focus and attention to Bitcoin!

Also, I feel like I have the responsibility to convey this message to all the laggards (boomers, etc.) that are now looking at crypto and want to invest in all sorts of projects. At the bank, I talk to a lot of them, on a regulary basis. Well, they are behind the curve and don't know yet that a lot of crypto enthusiasts have quietly given up on crypto...

As such, I feel like this message is very important and needs to be presented to older folks so they can be warned and their invested wealth potentially be protected!

So, to sum things up: I will keep on pushing. Also, I will be starting my own podcast very soon and I hope to provide content that is signal over noise.

#lessnoisemoresignal