Principle Stash

Meme

The midwit bell curve meme. At the low end of the IQ curve a simple figure says "just use Bitcoin". At the high end a hooded figure says the same. In the crowded middle, a crying figure insists on building a new cryptocurrency instead.

The Crypto Midwit

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I was the crying guy for about two years. Everything I wanted to fix turned out to be load-bearing.

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Appears in On the Separation of Money and State

Transcript

Left tail of the curve — JUST USE BITCOIN.

The middle — “Bitcoin is flawed so I’m creating a new cryptocurrency that supports billions of transactions per second, consumes negligible energy, has privacy built in, has lower transaction fees.”

Right tail of the curve — JUST USE BITCOIN.