FWB008

HODL, WAGMI, and the Bitcoin Remnant

HODL, WAGMI, and the Bitcoin Remnant

synopsis

An exploration of Bitcoin culture, community, and slang — HODL, WAGMI/NGMI, Rekt, to the moon, buy the dip. Ian explains who Bitcoiners are (eclectic, mostly male/technical but broadening), why they're so vocal (resistance), the "remnant" concept, and how the community rallies (Canadian trucker convoy Bitcoin fundraiser). Features discussion of key figures: Michael Saylor, Jack Dorsey, Ted Cruz, and why Elon Musk was "run out of town."

quotes

"Bitcoin is literally the only thing that you can truly own 100%." — Ian
"No, you're not crazy. That's a clown show. And this is the only thing that might work." — Ian (paraphrasing what Bitcoin told him)
"That is their form of resistance." — Ian on Bitcoiner vocalness
"Bitcoiners ride or die for each other." — Mandana
"They just ran him out of town and that's when he started promoting Doja." — Ian on Elon Musk
"Does Bitcoin eliminate the need for GoFundMe? Yes." — Ian
"Damn, Bitcoin's cutthroat." / "Not cutthroat. They just don't have time for the nonsense." — Mandana/Ian
"It was time that I asked about their friends. Like who is the company that Bitcoin keeps?" — Mandana

topics

Bitcoin slang: HODL, WAGMI/NGMI, Rekt, to the moon, buy the dipBitcoin community demographics and cultureThe "remnant" concept (biblical/historical)Bitcoiner vocalness as resistanceCanadian trucker convoy Bitcoin fundraiser ($10M+)Bitcoin eliminates middlemen (GoFundMe replaced)Michael Saylor / MicroStrategyJack DorseyElon Musk expelled from Bitcoin communityTed Cruz revealed as Bitcoin holderPoliticians and Bitcoin advocacyEclectic community as strength (gardeners, YouTubers)"Vote with your Satoshis"Ride or die community dynamics
published
February 14, 2022
full show notes
open