u/michaelscofield_1125

hi,

I found this subreddit this year. I‘ve already read a lot and it helped me very much to leave BTC completely.

I had so many fights, discussions and sleepless nights arguing with BTC maximalists and probably bots.

What is BTC?? It should have been a superior currency, a peer to peer electronic cash system without middle-men.

What is it now? It‘s an elite-product to generate fees from nothing, to marketing it and to sell it to fools. It has zero usecase, zero real value and zero users except the speculators at the margin.

Every time when I‘m on r / bitcoin or r / btc I have the feeling I‘m entering a cult conquered by bots, gamblers and fools.

All they care is NGU (in fiat??). Let me be clear: At the one side they claim “fiat is worthless“ but on the other side all they care is “price goes up“ in fiat.. like WHAT?

That‘s just hilirious. BTC is not a currency, it has just 7 TPS on purpose because it got hijacked by Blockstream and scamers like Michael Saylor who make marketing for lightning & liquid network (which don‘t work at all!) just to make more fiat.

I‘m so done with all this crap..

That‘s why I leave this sub. BTC is a hyped up elite-product with 0 use as a medium of exchange. The opposite of a peer to peer electronic cash system.

it‘s literally just buying a token, holdling and hoping to get more fiat $ later from another speculator.

is that the vision? no, that‘s hyper-nonsense. it changes nothing. speculating on a token doesn‘t generate any value to the world.

what we need is a peer to peer hard cash. but I am in the wrong sub. conquered by BTCers who just care about the nonsense and false SoV narrative and NGU in fiat (🤣).

BTC = failed as a medium of exchange, won to be an elite-bringing fee machine

Hey,

from a technological standpoint. It‘s everything Bitcoin wanted to be.

BTC got hijacked by Blockstream, banksters, blackrock and the elite and is just a speculative token at this point in time. It‘s was never, isn‘t and will never ever be a medium of exchange since blockstream changed the roadmap to l2 solutions which do not even work.

Kaspa is the second chance. Let‘s do it better now

Hi,

do you think BTC got captured by the elite, banks, government and blockstream to stop the bitcoin movement?

As well, there‘s so much propaganda going on. I myself thought for many years that Bitcoin Cash would be the attack on the free movement of Bitcoin and BTC would be the only right version which must be protected at all costs.

Bitcoin maxis have always claimed: “The big blockers, BCH, are the decentralization-attack to centralize Bitcoin. Big banks and governments want to centralize Bitcoin via Bitcoin Cash to make running nodes impossible for most people.“

Today I think Blockstream, banks, Blackrock, governments, even Sailor and the elite in general captured BTC and created big propaganda for the masses to believe the fairy tale of BTC‘s small blocks to “protect“ the decentralization….

Hi Kaspa community,

I want to remind you that Binance introduced Futures in November 2023 which slowly stopped the mega bull run of Kaspa. It's not a secret that the introduction of Futures almost every time crashed the price of an "asset" (Kaspa is honest PoW hard cash, the best which was ever created.).

Bitcoin got Futures in December 2021 by Cboe (Chicago Board Options Exchange) and the price went from 69,000$ to 15,000$. Futures are perfect to bring a price down on purpose before listing spot.. or in the case of Bitcoin, all the ETFs by Blackrock and co in 2023.

It's not a theory and I'm a realist, I just want to remind everyone that the price of Kaspa came down with the invention of the Futures by Binance. Coinbase launched Kaspa Futures in 2025 and we all know the price action of Kaspa since then..

Both exchanges did not list KAS spot. Both exchanges have to buy Kaspa themselves or mine it, because unlike every other cryptocurrency they don't get Kaspa as a gift thanks to the fair launch of Kaspa.

Who's Entity X which accumulates Kaspa like crazy and why does it hide the entity..?

I wanna say: Kaspa does not need Binance or coinbase exactly like Bitcoin never needed spot ETFs. Kaspa is the purest sound money I've ever seen and is actually the peer to peer electronic hard cash which Satoshi wanted to create with bitcoin but didn't fully achieve.

I want just say one last thing.. don't be sad or hopeless that Kaspa came down in price that hard and maybe even lower. Be happy and very very thankful that it happened. Kaspa is still the soundest money on earth and with DagKnight it's even more superior to everything else. Yes, that's for sure the reason why some players wanted to bring the price down but as I said.. Kaspa does not need binance or coinbase at all.. but as it seems like they will be on board in the near future because the game they play is way too obvious when you just look at it.

Have a nice day and stay focussed.

Greatings

Hello,

I think we can all agree in here that the current fiat system is an economics of illusion, like Albert L. Hahn described in his book. Hahn was a Keynesian supporter in the 1930s. He was convinced that an economy needs high credit creation to let an economy grow. As time went on he saw the illusion of the paper system. The cheap easy money creation out of nothing is the reason for every deflationary depression, like the great depression. A system with fractional reserve banking on hyper-levels with a money printing institution like a central bank which comes to rescue in every bust, is destruction.

He even wrote: if you want to prevent a deflationary depression you have to prevent the inflationary boom. To prevent the inflationary boom you have to prevent inflation in every form. If you want to prevent inflation in times of high credit demand, you have to make money scarce.

Alfred Lansburgh wrote the book "vom Gelde" in which he described money as an abstract right, it doesn't matter if it's paper or gold.. it has no intrinsic value.. the value of money comes just from the supply. He didn't see any logical reason to add more money-numbers because money is neither a consumer nor a production good. It's just the medium of exchange.

Let's imagine a simple thought example: we have a money network with a fixed money supply, where the money can be sent directly digitally (which wasn't and isn't the case with gold..). I do not want to mention bitcoin, I just want a thought experiment of a money network with a fixed money supply, where the inflation of the supply is 0% forever from this day in time. -> is this good or bad for an economy? Is it possible for an economy to operate with a money standard, which stays always the same in the supply, even when the economy or the population grows? Or would it be better when the money network would have a fixed inflation rate of let's say 2% every year (like it was/is the case with gold mining)? Does the supply of money has to grow or is it more healthier when the supply does not grow at all? Rothbard for example wanted a fixed money supply.. while Friedman wanted a k-factor of maybe 3% in supply growth of the money every year..

Thank you

hello,

It’s just my opinion but Bitcoin is a Wall Street coin at this point of time. Yes it‘s decentralized and secured with proof of work (PoW is the only mechanism for a fair money network) but it is completely unable to be a p2p network for people.

People can buy bitcoin and hope the cycles will play out like in the past to make more fiat. I do not even criticize that. But wasn‘t the entire point of the invention of bitcoin that humanity gets a p2p electronic cash system?

I was a Bitcoin Maximalist for many years but

a) Saylor is a huge risk

b) it failed as a payment network (lightning is so awful)

c) even the number go up narrative is declining

I have studied Kaspa for over two years now and at first I called it just another shitcoin like everything else.

But I couldn‘t find anything negative. The more I studied it the more I liked it.

Kaspa is exactly that what Satoshi Nakamoto wanted to have but he couldn‘t because he only had a blockchain (something like a BlockDAG didn‘t exist).

Kaspa is an efficient proof of work mechanism which is CapEx heavy. It‘s exactly as decebtralized as bitcoin in a way that everyone could potentially buy a node. Beside that it actually really works.. very very well as a payment network! It‘s not just that “it‘s faster“. It‘s as secure as bitcoin in seconds which achieved bitcoin in 60 minutes. The throughput is very high and the capacity of really adopting people is suceeded, unlike in the bitcoin blockchain network.

Yes.. I was a BTC Maximalist with all my heart but I think now it‘s time to stick with Kaspa. It is my last hope. Bitcoin is just a proxy gold.. Kaspa could still fullfil Satoshi‘s dream! Yes the bear market was brutal, but let‘s be real.. even bitcoin had even bigger ones in the beginning.

Thanks!

Hello,

I‘m in the crypto market for many years now. The entire idea around Bitcoin is still revolutionary and very important in my opinion.

But let‘s look at BTC today. It‘s a very decentralized PoW network with a theoretically fixed supply written in code and saved within thousands of nodes worldwide via social consenus. But that‘s it.

It‘s light years away from being a payment p2p network. It‘s literally a Wall Street meme coin at this point in time. People buy it to make more Fiat in the same way people buy stocks or gold.

People often claim BTC would be digital gold which isn‘t an advantage at all. If BTC is digital gold it‘s actually flawed. „But you can self custody and actually hold your own money“: No, that‘s a lie. With the low throughput of the Bitcoin network only a tiny amount of people are able to self custody and if there‘s a black swan people probably have to wait weeks to finally get out.

Where‘s the entire point of BTC when it‘s just a store of value? Then you can actually buy the real physical gold which you can hold and hide unter your house where nobody can find it. Gold will always be limited and have a real demand. BTC is just a number in a ledger which isn‘t limited at all because the block reward will go to 0 and fees can never sustain the network when nobody transacts because most people are holding and waiting.

I just see no point. I‘m not a BCH fan but BCH is useable as a p2p PoW network like it was claimed in the Bitcoin whitepaper. It‘s a currency. Which was the entire point of cryptocurrency at all..

thanks

Hello,

I don‘t exactly know where to start but I want to share what I‘ve been through. I‘ve been addicted to Instagram for almost 7 years, after already spending 6 years struggling with other platforms like Facebook and Snapchat. In May, I finally managed to quit X as well.

In my opinion, Instagram is the most destructive of them all. It led me into a state of deep depression and anxiety. I spent 2-5 hours daily, endlessly scrolling through deceptive "perfect lives." As time went on, it made me feel like my own life was failing because I was comparing my reality to the highlight reels of others.

The real trap was the algorithm. It constantly pushed me into rabbit holes of absurd content. I started out not believing in any of these topics but through constant repetitive exposure my critical thinking completely faded. I became brain washed until I started sharing these posts in my stories which caused my friends to distance themselves from me.

Being stuck in this loop left me isolated. I would watch my friends stories on the weekend feeling terrible because I was home alone caught in a cycle of digital distraction. The algorithm is designed to keep you scrolling through thousands of reels that leave you feeling empty and cognitively drained.. a state where you can’t remember what you spent hours doing.

Beyond the time loss it triggered severe social anxiety. My brain was flooded with huge loads of dopamine making normal activities like reading, watching a movie or playing sports feel impossible and boring. I used to be a skilled soccer player in my team but I haven't been to training in over 3 years because I was trapped in this cycle.

Since 6th July I’m finally free. It feels like heaven. No more scrolling, no more wasting my time, no more brain fog. My depression and anxiety levels are dropping. I’ve started reading again, I’m exercising, reconnecting with my grandparents, and really enjoying the silence. I am finding joy in boring productive things like cleaning my house, gardening or just sitting with my own thoughts.

I feel like I’ve been released after a decade which I lost. I am reclaiming my life, one day at a time.

Thank you for reading.

Hi,

In december the sun rises at 5am and sets after 8 pm in Chile (in the south at 10pm).

I plan a trip to Santiago in december and just wanted to get a short confirmation from people who live in Chile.

Thanks 😊