DEMOLISHING THE FARCE OF REBEL CARDINALS

by Br. Alexis Bugnolo ➡️📌
THREAD

In 2013, the College of Cardinals gravely betrayed His Holiness Pope Benedict XVI.

Their excuse for their betrayal is simple. They simply think that THEY rule the Church and that the Pope is the figurehead of their club.

The ignore the divine constitution of the Church.
A pope must serve Christ, not rule over him. To hold otherwise leads to the most outrageous daily blasphemies and heresies.

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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.


The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.

This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.