Bitcoin....who's gotten into it?

[Harry]

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Good people in bitcoin... https://www.wcax.com/2025/05/25/cryp...s&amp;tbref=hp</p>
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Wow. Dude endured several weeks in a luxe dungeon undergoing electro torture to his genitals and he still would not give up his crypto keys.</p>
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I wonder how long stalefish would last ?</p>

[stalefish3169]

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Wow. Dude endured several weeks in a luxe dungeon undergoing electro torture to his genitals and he still would not give up his crypto keys.</p>
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I wonder how long stalefish would last ?</p>

Lost all my Bitcoin in a horrific boating accident over the holiday weekend.

[m2711c]

Bitcoin can’t swim?

[byates1]

Sorry to hear stale. Must have been a lit weekend!

Always good to hear Satoshis current thoughts

[J. Barron DeJong]

Good people in bitcoin... https://www.wcax.com/2025/05/25/cryp...licks&tbref=hp

Funny thing about this....

Coinbase data leak could put users in physical danger: TechCrunch founder


https://cointelegraph.com/news/coinb...crunch-founder

[stalefish3169]

Funny thing about this....

Coinbase data leak could put users in physical danger: TechCrunch founder


https://cointelegraph.com/news/coinb...crunch-founder

The really shitty part about this is that kidnapping and murder didn't exist before crypto. Plus it was really hard to tell where the rich people lived from just looking at the size and location of their houses.

Terrible stuff.

But on a serious note the, excessive KYC honeypot is the real crime here and Elizabeth Warren's anti-crypto army is in fact causing more harm that it's preventing.

[J. Barron DeJong]

There is nothing stale loves more than using whataboutisms to avoid acknowledging any real problems with crypto.

[stalefish3169]

There is nothing Jong loves more than running his mouth as BTC continues to make new all time highs.

[byates1]

I love that 10 yrs from now we'll still be saying the same shit in this thread while BTC is 800k- 1M +

[J. Barron DeJong]

Yeah, great news that BTC has hit all time highs because Trumps fraud company is getting in on the fraud. You are in good company.

My guess is that he is fontrunning some government announcement and taxpayers are going to be the ones that are fucked over. Hope I am wrong.

[byates1]

You've always been wrong

[J. Barron DeJong]

You&#39;ve always been wrong

No, that&#39;s wrong.

[stalefish3169]

OMG guys! Anyone who has ever used cash or owned bonds is tweaking criminal animal abuser!



https://katu.com/news/local/authorit...ounty-may-2025

[J. Barron DeJong]

Quote:

&quot;You need to have constant bodyguard physical security at all times or else organized crime syndicates will kidnap you to steal your money in untraceable ways&quot; is the world that the crypto evangelists dream of creating.
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Yep. The thing about trying to move commerce outside of the regulation of the state is that it is also moved outside of the protection of law.

https://bsky.app/profile/zachbrand-w.../3lq7vxlyjf226

[J. Barron DeJong]

The *untraceable* part is key.

If everyone just had piles of cash sitting in their home, there sure as shit would be a lot more attacks like the kidnappping/torture that just occurred trying to get the crypto key.

But people do not do that. They keep it in regulated accounts. The money can be traced if it leaves those accounts, unless it leaves in cash. But then someone has to go to a bank to get the cash and asking to take out millions in cash is going to raise some eyebrows.

[J. Barron DeJong]

Only 8% of US adults used crypto last year, down from 12% in 2021. (From the Federal Reserve annual household survey.)

https://bsky.app/profile/molly.wiki/post/3lqanwptdyx2n

[J. Barron DeJong]

Only 2% used it to buy something. Only 1% used it to send money to friends or family.

Only 7% bought or held crypto (which, if 8% used crypto in some way, I think means 1% sold all their crypto last year).

https://bsky.app/profile/besttrouser.../3lqapavw4xs27

[J. Barron DeJong]

Quote -
hilarious breakdown here. the overwhelming majority of crypto people do not use it for payment, and even when they do the biggest reason by far is that the *recipient* preferred it (they were buying drugs)

https://bsky.app/profile/ryanlcooper.../3lqas32rutq27

[J. Barron DeJong]

Cool, Cool:

Ross Ulbricht (Silk Road founder, convicted criminal pardoned by Trump) is headlining Bitcoin 2025 alongside JD Vance. He&#39;s probably the first pardoned convict to have his own promotional discount code (ROSS). Attendees can also pay $5,000 to sit with him at a freedom luncheon.

https://www.inc.com/sam-blum/silk-ro...times/91194194

https://bsky.app/profile/samblum.bsk.../3lqat2snmjs2b

[nickwm21]

That’s the elephant in the room that I don’t understand how anyone avoids…

Essentially zero people use BTC for its intended purpose. If the use case is not valid, if there is no intrinsic value; then it is a mirage, a hollow house of cards.


Sent from my iPhone using Tapatalk

[MakersTeleMark]

I can't imagine anything where the original intended use case didn't pan out to be the valuable or useful one. Not one damn thing.

[stalefish3169]

Jong is obviously having fun in his straight jacket bouncing around the echo chamber rubber room for cucks that is blue sky.

[stalefish3169]

That’s the elephant in the room that I don’t understand how anyone avoids…

Essentially zero people use BTC for its intended purpose. If the use case is not valid, if there is no intrinsic value; then it is a mirage, a hollow house of cards.


Sent from my iPhone using Tapatalk

I'll just leave this here.



https://x.com/BitcoinMagazine/status...ZA7I_9BIg&s=19

[J. Barron DeJong]

Jong is obviously having fun in his straight jacket bouncing around the echo chamber rubber room for cucks that is blue sky.

Yes, my Bluesky bubble is leading me to quote numbers from the notorious propaganda rag Board of Governors of the Federal Reserve System - Economic Well-Being of U.S Households 2024.

[J. Barron DeJong]

Funny that stale accuses me of being in a bubble the immediately links to a video from Bitcoin Magazine.

Oh, and I do not think the fact that Steak and Shake was responsible for 0.2% of all Bitcoin transactions the day they started accepting it is the win for Bitcoin he thinks it is.

And the stores transaction fees are lower with Bitcoin? No fucking shit, the seller of the Bitcoin pays the Bitcoin transaction fee! How are the Steak and Shake customers doing here versus using a credit card?