And the little blockers won’t even tell him about it
Gary Vaynerchuk was on the What did Bitcoin do podcast, in which he took his ideas about Bitcoin step by step and shot them down. The show’s host believes that Bitcoin is incapable of doing anything other than occasional, large, expensive, slow transactions, and has often pointed out that the basic blockchain technology is not particularly valuable to anything other than BTC: value network low speed.
WBD285 – @garyvee on #Bitcoin. We discuss:
– Buy the Jets
– Print central bank money
– Organizations purchasing #Bitcoin
– Why governments will fight #Bitcoinhttps://t.co/5zX2399VBC pic.twitter.com/CMHAmRuAhp– What did Bitcoin do (@WhatBitcoinDid) December 8, 2020
In essence, it believes that virtually all claims about the value of a global transaction network, data integrity, symbolization and stability of valuable data are unimaginable to businesses or people, and yet its podcast is the show used largest in the blockchain space.
The episode was an hour of rhetoric about all that bitcoin failed do it from the point of view of a British man who accidentally became a millionaire because of a technology he has trouble understanding because he admits that he is not “good with technical things.”
Who is Gary, and why does he care what Bitcoin did?
Gary Vaynerchuk is a globally recognized unconventional entrepreneur renowned for moving off the “official” paths to wealth. His obsession with crushing value creation and sharing his street-side business advice across social media led him to become the name of a new class of maverick entrepreneurs: a generation plagued by the collapse of boomer economic policies and debt creation.
Today’s entrepreneurs, who reflect “Gary Vee,” have had to do more with less, when using new technologies that increase efficiency because traditional purchasing power has retained incredible value for technology-based ethereal assets such as human behavior data and Bitcoin.
Vaynerchuk was invited to come speak and participate in the CoinGeek conference in October: the only blockchain industry event that ignores the hype, recognizes the rampant fraud, and is actually working towards marrying big business, big data and differentiators key of the emerging Bitcoin protocol. CoinGeek wanted to show him that Bitcoin SV (the most frictional, flexible and scalable data value network in the world) is being used by a passionate and diverse business community to ensure data integrity and ownership in this new paradigm. But, for its non-conformist ethics against the mainstream of the “crypto” economy, Bitcoin SV has been labeled the pariah of the blockchain space. For Gary’s proximity to CoinGeek, he was attacked.
An intellectual switcheroo
Remember all those people who said “stay in school, get a job and work your pension,” because that’s what the nobles of the factory economy wanted them to say? Well those same people took over Bitcoin in 2013-2015. Silicon Valley insiders strategically acquired nearly all of the developers, exchanges and media entities that control BTC’s astroturf influencers, and are now tailoring a narrative that maintains their hierarchy – built on the backs of retail investors.
When it was announced in September that Vaynerchuk would court the big blockers to help potentially free the world from controlled silos, the sock puppets came out to attack. They knew that Gary would see the power of the Bitcoin protocol and understand its value; not as digital gold, but as the new digital oil for the data economy of the future. And they needed to stop him from meeting the people who restored him and who are now bringing him into business.
Instead of hearing about the barrierless, elastic scalable “world computer” that Bitcoin was always meant to be, they flocked on Gary to pass Bitcoin and made sure he only had the right to define it. They had to make sure they tightly controlled the scope of his vision and imitated it to his endless pump of retail investors.
Gary’s genuine ideas and concerns
I’m really passionate about loving the way I make my money, more than making money. – Gary Vee
On the show, Gary talked about his concerns about government regulations, the money printers in the face of solid money, and his ideas about symbolizing “Gary Coin” that can be used in his micro-economy to preserve and reward loyalty.
While the show host criticized Gary’s interest in blockchain technology, he insisted that Gary only used the word “Bitcoin.” To erase Gary’s passion for blockchain technology, he steered him away from discussing the ledger at all, saying, “It’s such a trivial part of it …”
To Vaynerchuk’s point about loving the money-making process, and being involved in managing businesses he believes in, it was interesting to hear the show host shoot everything down except BTC’s cool, “do-nothing” thesis . Although Gary wanted to love something about the technology, he was told to focus on the thing he cared least about – passive accumulation of fiat money.
Talk directly to Gary
Gary, the crowd that shook you in the middle of a CoinGeek announcement doesn’t want you to know about the Bitcoin Civil War that’s been going on since the beginning. Almost everyone who has ever looked at the original protocol thinks it won’t work, but they fought to control the “Bitcoin” name while wiping out its useful set of features.
They claim they want BTC to be a global settlement layer and a world reserve asset, but with a maximum of seven transactions per second, it has been devalued to be several orders of magnitude too slow for such a task, so they are begging large banks to invest in their vague ideas to improve the value of their investment position.
They want one of two things for Bitcoin:
1: BTC as an asset with global liquidity and dark market partners that can absorb retail fiat currency to settle transfers for various types of criminal cartels, while also playing into the Ponzi scheme’s ethos of attracting large investors to profit early investors.
2: If they can’t get the first thing, then they want bitcoin to fail.
In the midst of the war, social engineers redefined the rules of Bitcoin in the eyes of most non-sophisticated parties, and created a road map that placed Silicon Valley-controlled companies at every level. Today, BTC maintainers do little else but break the rules that made bitcoin an exciting technology in the first place while advocating that ordinary people “use Visa only” for transactions.
This is a complete contradiction to what Satoshi designed bitcoin to do from the very beginning.
Because of the underdog, the real Bitcoiners share the network, and open up all the parameters of the original Bitcoin protocol with no limits to separate the BSV ledger. In it, they have restored the tools that the Silicon Valley types have taken from BTC for business. BSV is frictionless with instant transactions and fees of around 1 / 100th of a penny. It is also the easiest network to streamline “Gary Coin” or any other ticket on it. The capabilities of BSV virtual machines also allow an internet of transactions to create anything from chain-based games, to very rare trading cards, full-power social networking applications, or anything else. And it’s used more than BTC every day!
Collection
Bitcoin is designed to be a commodity ledger where everything has a monetized incentive and connects to a globally available supercomputer network.
BTC advocates do not want people to know that it was designed as an unlimited data-business tool, but, like you, we believe in business love despite the challenges of the intellectuals. In Bitcoin, we call this “proof of work,” and we believe that the fundamental value underpins all valuable economic activity. But for our passionate work and for telling the world about the complete resurrected bitcoin protocol, we are lambasted as “scammers” by our opponents.
They enlighten the Bitcoin protocol, and anyone who believes in it.
So, in the middle of the rhetoric, we invite the world to do business. The contrast between the two Bitcoin worldviews couldn’t be clearer:
New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin – as originally envisioned by Satoshi Nakamoto – and blockchain.