Bitcoin - A Peer to Peer Electronic Cash System

Good morning, Reddit (and the Bitcoin Cash community). Today, we're five days away from the r/bitcoin and r/cryptocurrency censorship stranglehold ending.

This will have implications. Since 2017, r/bitcoin has been able to tell their number-go-up speculation story to about four million people (counting the number of subscribers in 2017 vs today), and permaban anyone who merely quotes the title of the very Bitcoin whitepaper for the subreddit. r/cryptocurrency probably has a similar number. But this is still far, far away from the potential audience of peer-to-peer electronic cash, which easily counts another four billion, with a B.

Today, we are five days away from the effective end of mobile support for Reddit, with the ban of all working mobile Reddit apps (most likely including the one I use, BaconReader) as of July 1. This, of course, means people will no longer get their news from Reddit anymore, but from elsewhere. What this "elsewhere" is, is yet to be determined, but we can be reasonably certain that the number-go-up crowd don't hold a deadlock on it, with the means to ban any opposing viewpoints to create a monoculture echo chamber.

There's another thing here working to our advantage: our narrative of a means of exchange means that we're working for trade, in the classical sense (as opposed to speculation). We want people to do voluntary trades with each other, we want social connections to form in those trades. That means we have a natural advantage in that we seek to connect with other people, and helping them profit from new technology. In contrast, the number-go-up people's communication with other people and other crowds is largely limited to messages like "have fun staying poor". This is not a particularly attractive message, to give the understatement of the week on a Monday morning.

So as we lose Reddit as a Schelling point (the natural gathering location for most people), r/bitcoin and r/cryptocurrency will lose the singular function they have been turned into. This means it's up to us to start talking, and to demonstrate, and to show, and to help, and to make, and to do. We still have four million indoctrinated people who will try to downplay us, simply because they know nothing else, but the ones pulling the strings will have lost their chokepoint on indoctrinating all new recruits to the movement of cryptocurrency. There will be new places, and those places won't be restricted, and some people will come there.

Five more days. This is how we break out of the narrative stranglehold - and it's going to be a timescale of a few years, not faster.

(Notably, the Wikipedia article on Bitcoin Cash is already far more balanced than it was a year or two ago, which is evidence toward the right direction.)