this post was submitted on 07 Aug 2023
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The Bizarre Rise of the 'Bitcoin Citadel' (decrypt.co)
submitted 1 year ago by gerikson@awful.systems to c/techtakes@awful.systems
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Nice backgrounder on a bit of BTC meme-ry. Mentions our resident no-coiner @dgerard@awful.systems

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[–] gerikson@awful.systems 3 points 1 year ago

BTC/crypto is "revolutionary" in the original sense (I owe this to Mike Duncan's podcast series). Before the French Revolution, the term meant "regime change" - the people at the top were replaced , but the system remained intact. Coiners don't want to overthrow capitalism, they just want to replace the current people in charge with themselves.