“Why the ‘Bitcoin David’ Must Defeat the Core Goliaths with One Hand Tied Behind His Back”

John Pitts
9 min readOct 17, 2023

Will you Sign The Declaration of Identitypendence?

“To sign or not to sign, that is the question: Whether ’tis nobler in the vision of Satoshi to suffer the slings and arrows of outrageous fortune, or to take arms against an alliant sea of cryptocreeps and by opposing END THEM. To die — to sleep, no more; and by a sleep to say we end the heart-ache and the thousand natural shocks that flesh is heir to: what dreams may come when we have shuffled off this mortal coil, must give us pause — for who would bear the tweets and scorns of the court of social media, th’ zuckerberg’s wrong, Judge Bloom’s delay, the insolence of patent companies run by double-agents working for too-small sums, and the spurns that patient merit of th’ unworthy bad-takes, when he himself might his quietus make, with a bare private key? Who would bitcoiners bear, to grunt and sweat under a weary start-up life, but that the dread of something after career death, the undiscovere’d SINC [0], from whose bourn no knowledge-seeker returns, puzzles the will, and makes us rather bear those boring but safe desk jobs at giant pharmaceutical and finance companies we have, than gamble on startup products we know not of? Thus a feared confidence game narrative doth make cowards of us all, and thus the native hue of honest casual computation-backed coins and a Byzantine-tolerent distributed WORM database is sicklied o’er with the pale private key of ECDSA, and enterprises of great pith and moment with…

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John Pitts
John Pitts

Written by John Pitts

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