Post

Fernando Nikolić 🇦🇷 🟠
I've watched three industries die from the same disease and nobody else sees the pattern because nobody else lived it in sequence. First, Universal Music. I had a front row seat to an empire pretending everything was fine while literal teenagers with laptops destroyed their business model. The music business literally sued their customers lmao 🤣. They called them thieves. They begged Apple for mercy when iTunes came out so they could sell *something* and stay relevant because never, ever, did they think about building something for the new generational shift themselves. The pattern was this: denial, anger, bargaining, depression, death. Never acceptance. Then I saw the thing with traditional banking through Bitcoin's lens at Blockstream. Same pattern. Same denial. JPMorgan "adopting" crypto is like Universal "partnering" with iTunes. It's capitulation when you look at it for what it is but if you asky anyone there they'll call it "strategy". Now I'm watching every institution simultaneously collapse from the same root cause: information asymmetry death. Universities can't hide the indoctrination from the public. Governments can't hide money printing. The pattern is identical and the timeline is compressed. So here's what twenty years of pattern recognition taught me: The chaos gap between destroying and creating is where all the opportunity lives. We're amazing at tearing down what doesn't work especially when any regular joe can see what's going on. BUT - and this is a major issue: We're CHILDREN at building what comes next. IMO that gap is expanding. Argentina taught me to see that gap by the way. When your currency collapses several times, you develop sensors for institutional failure that comfortable people can't imagine. Growing up in Norway taught me the inverse. Perfect institutions creating perfect misery. Everything works. Nobody's happy. The suicide rate is higher than Argentina's. Comfort is its own cage and success is its own failure, etc... Bitcoin isn't interesting because it's better money. It's interesting because it's the first constructive response to institutional collapse that ACTUALLY WORKS. Bitcoin is not complaining nor reforming. It's building. Parallel. Inevitable. I'm not a Bitcoin educator I'm a cultural strategist watching the same movie for the third time. The music biz fought Napster and created Spotify. Banks are fighting Bitcoin and creating CBDCs. So we need cultural hijacking. Make the old system embarrassing. Make the new system inevitable. Don't explain the technology. Change the story.
Fernando Nikolić 🇦🇷 🟠 tweet mediaFernando Nikolić 🇦🇷 🟠 tweet media
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Frank Corva
Frank Corva@frankcorva·
@basedlayer I look forward to meeting you in person one day so we can talk music business. I was in the industry from 2000 until 2007 (at Warner Music Group, Triple Crown Records and other labels/companies) and wouldn’t be surprised if our paths crossed at some point.
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lastcoinstanding.com
lastcoinstanding.com@LastCoinStandng·
It's amazing to see how: 1) the music energy has transitioned efficiently to a practical and satisfying consumer subscription model. I pay for one service (Tidal) and get access to ~99% of all music in high-rez files. This means I pay every month, religiously for decades. I never have to bittorrent/steal any music. 2) the movie/TV industry hasn't transitioned efficiently; I have to subscribe to >5 services and that likely gives me access to <30% of all the material. Hence, I bittorrent significantly; I have to, as it's not just expensive to pay for everything, but massively inconvenient.
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LudicrousSpeed
LudicrousSpeed@mach9d·
@basedlayer BitTorrent often comes out of my mouth when I explain Bitcoin to normies.
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Equinox Funds
Equinox Funds@equinoxfunds111·
@basedlayer Do you think we’re reaching a point where decentralized systems can sustain what they build, or will every generation have to reinvent the infrastructure from scratch?
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CJK
CJK@CJKonstantinos·
@basedlayer Well said...Bitcoin is hope and building on top of it is the future!
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Quid Van Novi
Quid Van Novi@QuidVanNovi·
@basedlayer Very thought provoking, and I agree 100%. Thank you! I think Bitcoin is the tip of the iceberg. Most people haven't digested exactly what decentralization is. It can be applied to all aspects of our society, and sooner or later, it will be. It's natural law.
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Doc Savage
Doc Savage@guysavage·
@basedlayer The adaptive cycle playing out once again. Industry disruption is underway & although it is early, those paying attention see companies with first mover advantage like @Strategy. $MSTR's price shows the blindness most people have to what's coming. IYKYK @saylor @AvenueDNews
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Jon Sommet
Jon Sommet@jonsommet·
@basedlayer What about all the major problems with btc? I don't understand why people pretend it's 'perfect money' when it's unusable for most transactions.
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cwest
cwest@dcfwest·
@basedlayer Is Bitcoin the base layer like the internet was to the music industry and the layer on top of Bitcoin the Napster’s, etc?
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iamscott.eth🦇
iamscott.eth🦇@rollin_scott·
@basedlayer Well going on what you’ve wrote,btc is already in denial, can’t scale no defi but maxis refuses to address it… Better crypto currencies are out now and being used.. Btc’s dominance is down to under 60% now but like you said people don’t want to see it..
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