I’m a paranoid person. I should probably stop smoking pot, but it’s hard to get much else these days. Has anything been written about COVID’s effect on the availability of street drugs?
Bitcoin people point to Segwit2x and blocksize battles as evidence of attempted coup. That’s how the CIA overthrows foreign regimes, right? Fund some dissident groups, amplify civil unrest, prop up a puppet leader and bomb them into the stone age. ¡Viva la colour revolución!
But it’s shortsighted to think that the CIA wants to destroy Bitcoin. Why divide and conquer when you can commandeer?
The best way to control the opposition is to lead it ourselves. –Vladimir Lenin
Every society has dissidents, it’s human nature. Locking them up makes for bad PR; a smarter strategy is to hijack the message to further the objectives of the ruling class.
World peace and clean air were once anti-establishment goals. Hippie counterculture was a rejection of the military industrial complex. In the 1970s, oil interests promoted propaganda that transformed the message from “War is bad” to “Nukes are bad” to “Nuclear power is bad”, and we were all too stoned to notice. You can’t hug your children with nuclear arms, man.
California Governor Jerry “Moonbeam” Brown campaigned on clean energy, then closed the state’s nuclear power plants and reinforced dependence on foreign oil and gas to line his family’s pockets. It’s a testament to the power of propaganda that we still think of him as a climate leader1.
Railing against the establishment tends not to be a profitable venture, and eventually dissidents sell out and start shilling the message of their sponsors. That’s why child actress and propaganda vessel Greta Thunberg has gone from climate activism to protesting Nordstream to #FreeNavalny to backing the Farmers Protest in India.
Crypto anarchy is an easy message to hijack. Bitcoiners are the most economically rational humans in the world, by which I mean really effin’ greedy. We would sell our grandmothers if it meant stacking more sats.
Like Green Day selling Pepsi or Iggy Pop endorsing life insurance, Bitcoin will suffer feature creep to accommodate deep-pocketed investors. We want censorship-resistance, 21 million supply limit, privacy, fungibility, and renewable energy. Five demands, not one less!
And maybe Bitcoiners are ambivalent about renewable energy, but Elon Musk has so much money, and making him happy makes Number Go Up.
The message will transform from “Bitcoin is for everyone” to “Bitcoin is for everyone, as long as they agree to sustainability standards” to “Miners are private companies in a private council who can censor whomever they please, and if you don’t like it go start your own decentralized cryptocurrency!”
And that’s the conspiracy theory for today.
1. Jerry Brown’s father Pat Brown was governor before him, and passed “environmental” regulations to make the state dependent on Getty-owned oil leases after receiving bribes from Bill Newsom. Bill Newsom was attorney to J. Paul Getty. His grandson Gavin Newsom is the current governor of California, and Nancy Pelosi’s nephew. (source)