Why Bitcoiners Should Be More Toxic
by Robben4days | July 21st, 2022 | vol.18
Bitcoin is the strongest money, and it evokes strong emotions.
Bitcoin is the most transformative and important technology in a very long time. Those who advocate and profess the power of Bitcoin, while simultaneously warning with a strong voice about the dangers of altcoins, are often called “toxic”. I am here to argue that this strong voice should be even stronger. My thesis is that we, the Bitcoin maximalists, should become even more toxic. Let’s explore a couple of reasons why.
Bitcoin is Just That Good
Bitcoin is profoundly antifragile.
This means that the more it is attacked, the more powerful and robust it gets. It is an orange colored black hole that will absorb the value of everything in this world. It will be a complete financial turnabout, and it is sorely needed!
It does make sense to talk about other things in the finance world that can help bitcoin grow faster. But most of what is discussed in the non maxi, or “crypto” side of the aisle, are parasitic schemes that try to piggyback off of bitcoin’s success. These affinity scams — doomed projects that try to relieve suckers of their hard earned money — are slowing down the progress of bitcoin.
They cannot stop bitcoin, nothing can at this point, but they can slow down adoption and lengthen the process of hyperbitcoinizing the world. The scams are a distraction, not an outright attack. Outright attacks, as already mentioned, make bitcoin stronger, while distractions slow down the pace of it gaining more strength.
Bitcoin is the best monetary base layer humanity has ever had. Until this message is embraced by all of Earth to the extent that the whole world economy has been placed on top of bitcoin — as its layer 1 — we need to repeat the message with strong conviction. And those who try to distract from it with scams and misinformation need to be rebutted, in as toxic a way as possible. Being toxic is not intrinsically bad, as long as it’s being toxic towards lies and scams, and in defense of a fantastic thing — bitcoin.
Motion Creates Emotion, and Emotion Creates Motion
To have a cause spread extremely rapidly, you want extreme commitment. You want to stir the pot. You want the emotions to bubble up just right, the brew of anti-scam hatred to come out perfectly, the mixture to be optimal for its intended purpose. The orange, maximalist war of brutal honesty needs to mix together with the deep philosophy behind the idea of Bitcoin.
You want a volatile, but productive harmony!
There is a balance to be struck here. Toxicity is good, but there is obviously an upper limit.
The title of this article is not “Why bitcoiners should be infinitely toxic”. However, in my opinion, the optimal point of toxicity has not yet been reached.
Bitcoin is about the long term. In the short term, it does not have the flash and flair of all the rug-pull projects, lighting fireworks left and right to attract suckers to be fleeced. Toxicity is a necessary counterbalance to this. We should attack the scammers harshly, expose them for being as wretched and deceitful as they truly are.
One of the places where this useful toxicity is dealt out, is Twitter. There is a war going on over there. It was not the bitcoin maximalists who started this it, but it will be the maximalists who end it. The end of toxicity will arrive when bitcoin has eaten the market caps of gold, bonds, and the bubbles present in stocks and real estate. The goal is to make this path shorter, and a strong commitment to exposing bad actors and scams is an essential tool to achieve this.
Many examples, from startups that managed to grow huge, sports teams, musical artists, or religious movements show: Emotion really, truly matters when it comes to accelerating adoption of a method or belief system. Bitcoin does contain a belief system. It is a self-enforcing belief system, powered and backed by hashrate. We can empower it further and faster with heart rate — with wild enthusiasm for this beautiful thing that is going to save our asses in the years to come!
The word “extremism” is often spoken with a negative connotation. And indeed, many forms of extremism are bad. But, there are the good kinds, too. People of the Western world are electricity extremists. We use electricity all the time, and it is a massive enhancement to human life, both in commerce and in leisure.
We are extremists about using tools and machines to replace hard human labor, and we should foster as many people as possible to become as extremist as possible about fixing the money. Those timid must be turned bold. The trembling to pronounce the bitcoin creed must be turned decisive, virile and toxic.
Those who stoke the fire of bitcoin enthusiasm, the true toxic bitcoin maximalists, can be thought of as a vanguard group. They charge ahead, carrying on their shoulders the noble responsibility to clear a path for the more timid, more undecided folks to follow. The truth remains the truth, and bitcoin remains powered by hashrate, teaching us the principles of “don’t trust - verify”.
Bitcoin’s rise to dominance over all of finance is inevitable, and our job as participants in this revolution is to make this rise come about faster. It is better, other things being equal, that a good thing arrives sooner rather than later. The toxic maximalist vanguard group, stoking up the negative emotions in people towards altcoin scams, and feeding the positive emotions towards bitcoin, is an important contributor to this acceleration.
The Outrageous State of the World
The idea of being “aggressive” or “unproductively toxic” about promoting bitcoin, tacitly implies that the financial world is pretty ok the way it is, and that we maximalists, by aggressively promoting a solution to its problems, reveal our ignorance about this fact.
But: The financial world is not pretty ok. It is not.
Machines and factories have gotten better during the last 20 years, and paper accounting and logistics have been replaced by software orders of magnitude more efficient. Yet prices for goods have gone up.
That is not ok. That is the thing that keeps me up at night. The current financial system is full of madness, a despairing madness that hangs over your head like a dark cloud. Humanity exerts itself to the fullest, but during the last couple of decades, the monetary ground beneath our feet is becoming more unstable, ensnaring us, keeping us from reaching the bridge to the next major stage of economic advancement.
It makes me angry and, indeed, toxic, towards those that muddying the water around bitcoin. All this genius employed in optimizing the productive economy, stolen, siphoned off, twisted and deformed into evil. Every bitcoiner knows this evil, when it stands in front of the cameras of the world. You know who these people are, who glory in the destruction and enslavement of the productive populace.
Toxicity is a close relative to outrage, and outrage is the sanest response to this evil I can think of. Be toxic! Put your finger in the wound! This whole fiat spider web needs to be torn down as fast as possible, and by pushing it hard, we can realistically shorten the bitcoin victory march, perhaps preventing terrible catastrophes like another World War.
To get rid of the dark cloud of economic suppression, and continuous threats of doom, we want bitcoin to expand its reach as fast as possible. We want more people to obsess about it, to make it part of their thoughts and their actions.
Those who oppose strong bitcoin maximalism try to paint themselves as the adults in the room. They try to be a bridge between the raw orange power out there and the current mainstream establishment. They spend more time speaking about macroeconomic models, than the ferocious, transformative force that is bitcoin itself.
Before 2009, the mature and sensible approach was to protest against the printing of more fiat money. After 2009, the mature stance is now much more cynical, and indeed “toxic”: Let them print the fiat to death, leave the altcoins lying in the dust, buy bitcoin, and spread the message. Spread the message, not like a timid supplicant to those in power, but with the conviction of the inevitability that is on the maximalists side, and that has given us the moral duty to accelerate it with the energies of our righteous anger!
Those who are not bitcoin maximalists try to toe a line that appears, to the naive onlooker, to represent the safe route right now. But this route will not be there anymore in a couple of decades. Bitcoin is not just another thing to put into the backdrop of the standard “state of world macro affairs” discussion.
There will soon be no more line to toe — this is the harsh truth that we are trying to drill into the non maximalists’ head to save them from getting their faces ripped off by all of the non Bitcoin schemes collapsing.
Bitcoin, Indeed, is Just That Good
Those who criticize maxis for being too savage about promoting and defending bitcoin, don’t grasp how insanely, maddeningly good bitcoin is.
During the writing of this article, one of the phrases often described as toxic is “everything except bitcoin is a scam”. In my opinion, when applied to the period of time between now and the point where bitcoin has eaten all other financial markets, this phrase is a deep fact.
People call this toxic. I say: Be more toxic! Let’s not fight this label. It is toxic, it is poisonous, it is a cataclysmic acid even. A reality acid, about to dissolve a fiat reality that humanity is in dire need of getting rid of.
The big discrepancy is one of certainty: bitcoin is certain, and until bitcoin has grown to the point where it has eaten all the other long term assets, everything else is highly uncertain. This idea alone, once fully grasped, makes you a maximalist. There is no sense to meditate on anything besides bitcoin until the point where the march of BTC to absolute world dominance is finished, and the new order of things can begin to unfold itself on top of that new paradigm.
Bitcoin can’t be stopped, and if we can raise enough attention, we can speed up hyperbitcoinization and save the world from some truly horrible incidents. The C-Virus episode that has paralyzed humanity for more than 2 years already, is just a tiny, minuscule taste of the horrors that may be in store for us, and that can be avoided or significantly cut short, if only we are willing to become more toxic.
We should be more toxic, more orange, more maximalist!
And to those who still cling to their belief of altcoins being investable competitors to bitcoin, I quote a famous RTS game:
“Your feeling of helplessness is your best friend, savage!”
Robben4days has been a follower of Austrian Economics for more than 15 years. He currently lives in Germany, and works a regular 9-5 job. He discovered Bitcoin around 2010, and was immediately fascinated by this new kind of money. His ambition is to learn as much as possible about bitcoin and to write many a page on the subject.