The Bizarre Rise of the 'Bitcoin Citadel'
The Bizarre Rise of the 'Bitcoin Citadel'
In search of the Bitcoin Citadel, where the 'eternal enslavement of humanity to a tiny elite' is the utopian dream for Bitcoin maxis.
Nice backgrounder on a bit of BTC meme-ry. Mentions our resident no-coiner @[email protected]
they really missed out not calling it the 'Bitadel'
I wonder, in this supposed apocalyptic future, who is making the semiconductors that will be needed to secure the bitcoin network? Can it really be considered a collapse if we have a 100% working semiconductor industry? How fucking stupid are these people that they don't even ask the first obvious question?
it's ｄｅｃｅｎｔｒａｌｉｚｅｄ
not to mention a 100% working and unified internet; bitcoin’s continued operation is incompatible with all of the likely failure states for the fault-tolerant internet (not that we’ve really got the fault-tolerant one in operation, with how centralized the modern internet is)
it’s always very funny when libertarian ancaps all simultaneously try to declare themselves the rightful king of the barely inhabitable land they’ve stolen
The assumption that they will be the boot finally despite achieving nothing so far is hilarious and telling.
Even when understood as appropriately dystopic, the citadel story is still sneerworthy as it gives way too much credence to buttcoins. Inasmuch as the citadel situation is not already here, it is/won't be coiners specifically but the capitalist owner class in general that does/will lord over the rest of us in their ivory towers of paranoia and greed. That class may incidentally include a handful of coiners who beat the massive odds, but does/probably will contain more finance leeches of a more traditional kind.
Even in its original conception the whole story basically validates a Stonetoss comic (here's a funny edited version that probably lets you get the gist of it I'm not gonna link a nazi webcomic thanks for understanding) and that's super cringe.
BTC/crypto is "revolutionary" in the original sense (I owe this to Mike Duncan's podcast series). Before the French Revolution, the term meant "regime change" - the people at the top were replaced , but the system remained intact. Coiners don't want to overthrow capitalism, they just want to replace the current people in charge with themselves.