E04 - Dealing with Bitcoin's "Weakness"
Most of the arguments I hear about Bitcoin are people talking past each other.“Bitcoin is dead.”“Bitcoin can’t be used as money.”“Bitcoin is not private.”Especially these days: “Bitcoin has been captured by corporates.”In my latest newsletter I unpack why these objections usually come from confusing three different things: Bitcoin the protocol, bitcoin the asset, and the growing stack of tools and companies built on top of it. I look at the base layer, Lightning, privacy tools like Nostr and Fedimint, and the rise of treasury bitcoiners like Strategy and Africa Bitcoin CorporationIf you have ever wondered what is really “going on with Bitcoin” this piece is for you.