Simon Dixon
“Peter Thiel and Jeffrey Epstein tried to co-opt bitcoin”
Also Simon Dixon to Jeff Booth (npub1s05…eyhe)
“I dont see a world of hyperbitcoinazation”
Ok let’s dig into why this contradicts itself and why he should reflect on this.
Let’s say Simon is right about Epstein and Thiel, that means they tried to coordinate to control bitcoin at a time it was far more fragile of a network, a decade or so ago and we know that has failed, yet Simon believes that all the elites will just buy bitcoin and a few of us will be ok. In a sense he has discounted the distribution of the network since the alleged attack by Epstein and Thiel which it has survived. The fact it survived that should sway Dixon the other way.
He has also not quite grasped that a network cant be captured, if a man in Nigeria gets paid in bitcoin and then spends his bitcoin freely there exists no capture. As the state gathers bitcoin, it will do what it can to not spend it, however the market will force it for a multitude of game theoretic reasons, take a look at Iran wanting to get paid in bitcoin, elites will be forced to transact in it, at the same time they cant stop the open network of users from transacting, it becomes a constant redistribution of wealth.
As Jeff Booth (npub1s05…eyhe) states, no one will stay in a prison when the exit door is open. Simon, fails to understand game theory and human incentives.
BitcoinUnplugged
npub1aq…7p3gg
2026-05-18 00:27:31 UTC
Author Public Key
npub1aq72gkdz8ddsntgsvxx6wrl0zxcr5kkj2gkxu3wx4fwkkkkn73vq97p3ggSeen on
wss://relay.nostr.netPublished at
2026-05-18 00:27:31 UTCEvent JSON
{
"id": "5cd590934e9b0819a27afae24783533f48bbc0787e4c83a56f49c014de236350",
"pubkey": "e83ca459a23b5b09ad10618da70fef11b03a5ad2522c6e45c6aa5d6b5ad3f458",
"created_at": 1779064051,
"kind": 1,
"tags": [
[
"p",
"83e818dfbeccea56b0f551576b3fd39a7a50e1d8159343500368fa085ccd964b"
],
[
"p",
"83e818dfbeccea56b0f551576b3fd39a7a50e1d8159343500368fa085ccd964b"
]
],
"content": "Simon Dixon\n\n“Peter Thiel and Jeffrey Epstein tried to co-opt bitcoin”\n\nAlso Simon Dixon to nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe \n“I dont see a world of hyperbitcoinazation”\n\nOk let’s dig into why this contradicts itself and why he should reflect on this.\n\nLet’s say Simon is right about Epstein and Thiel, that means they tried to coordinate to control bitcoin at a time it was far more fragile of a network, a decade or so ago and we know that has failed, yet Simon believes that all the elites will just buy bitcoin and a few of us will be ok. In a sense he has discounted the distribution of the network since the alleged attack by Epstein and Thiel which it has survived. The fact it survived that should sway Dixon the other way. \n\nHe has also not quite grasped that a network cant be captured, if a man in Nigeria gets paid in bitcoin and then spends his bitcoin freely there exists no capture. As the state gathers bitcoin, it will do what it can to not spend it, however the market will force it for a multitude of game theoretic reasons, take a look at Iran wanting to get paid in bitcoin, elites will be forced to transact in it, at the same time they cant stop the open network of users from transacting, it becomes a constant redistribution of wealth.\n\nAs nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe states, no one will stay in a prison when the exit door is open. Simon, fails to understand game theory and human incentives.",
"sig": "b1ad4131732765332d44b34320d8345c710c2cf907ae62eb807534f2a5e370258f380699cb6d316c2a4d4d8d6a241f83aa31ab94b09870a50ee6aec50bf3cc3b"
}