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2024-12-15 16:44:53This Week I immersed myself in Bitcoin from multiple angles-technical, societal and personal. The journey included a marathon 32-hours of listening to [Rabbit Hole Recap (RHR)](https://fountain.fm/show/VDaMppQRUBZioj2XkaLn), an essential resource for Bitcoin insights. It's worth noting that I started from the begining and plan to make my way through the whole catalogue. Marty and Matt's timestamps, along with contributions from their guests, served as my roadmap. Using Fountain to stream, I also streamed sats-a small but extraordinary feature that allows users to stacks sats while compensating cretors directly through fractional donations. ## Revisiting Speculative Attack by Pierre Rochard (2014) Now that [*Speculative Attack Season 2*](https://nakamotoinstitute.org/mempool/speculative-attack-season-2/) *(which I've not read yet)* has been released. I took the time to read Pierre Rochards influential essay, [*Speculative Attack*](https://nakamotoinstitute.org/mempool/speculative-attack/) and reflected on its timeless insights. Rochard argues that Bitcoin adoption isn't dependent on technological advancements or consumer preferences, but on economic realities. As fiat currencies weaken, Bitcoin won't enter the mainstream by persuasion but by necessity. Critics continue to underestimate Bitcoin's inevitability due to their fiat biases and lack of financial insight. This year alone, mainstream media has been compelled to discuss Bitcoin-notably to Trump's endorsement of 'crypto.' Despite their attempts to shape narratives to suit their ideal visions, they've had no choice but to engage with Bitcoin's growing influence.\ \ As Parker aptly puts it 'Gradually, The Suddenly' ## Wassabi Wallet and the Privacy Imperative An RHR interview (from early in the catalogue) with guest Adam Ficsor, CTO and Co-founder of Wassabi Wallet, sparked a deeper consideration of my digital footprint. Like many, I've spent years online neglecting privacy in favour of convenience. The discussion on CoinJoins reminded me of the importance of prioritising privacy, not just romanticising it. Improving operational security (opsec) is now a personal focus. Resources like Jameson's *Cypherpunk Cogitations* and the Bitcoin Optech newsletter offer valuable guidance. While I've exercised caution, I recognise a need to address my laziness with opsec and take meaningful steps to protect my privacy. Time will reveal the results of these efforts. ## Caribbean Slavery amd Centralised Platforms While exploring historical systems of control, I delved into the brutal realities of [New World slavery in the British Caribbean](https://aeon.co/ideas/how-did-slaveholders-in-the-caribbean-maintain-control). Enslaved elites, like drivers, were granted limited privileges to maintain order, creating divisions within the community. This divide-and-rule strategy highlights the fragility of oppressive frameworks, which began to crumble with events like the Hatian Revolution and humanitarian activism. Interestingly, similar dynamics are visible with centralised plaforms like Twitter, LinkedIn, and Instagram. Verified accounts (the "blue checks") act as mordern day 'elites' with perceived freedoms. However, their autonomy is limited by the platforms centralised authority. Challenging the rules risks censorship and cancellation, proving their freedom is an illusion subject to the will of their overseers. Enhancing the argument further for protocols like Nostr to help people win back their freedoms.