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Bitcoiner Who Stacks $25 A Week On Swan Shares Opinion On Shitcoiners And Fiat Maximalists
1 revision · first seen 2026-08-12 · last edited 2026-08-12 · 0 by Henry 1 by a human
- bugle-ingest[bot] 2026-08-12 Ingest: 0 new episode(s) — raw sources + transcripts 32a9a2b
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diff --git a/wiki/news/bitcoiner-who-stacks-25.md b/wiki/news/bitcoiner-who-stacks-25.md new file mode 100644 index 00000000..c7dd2265 @@ -0,0 +1,19 @@ +--- +title: Bitcoiner Who Stacks $25 A Week On Swan Shares Opinion On Shitcoiners And Fiat Maximalists +type: news +status: confirmed +date: 2023-01-12 +author: Richard Greaser +image: "https://storage.ghost.io/c/2b/78/2b7819dd-fa09-4afb-83f8-6f9e5bcc69fd/content/images/size/w1200/2023/01/Add-a-little-bit-of-body-text.png" +sourceUrl: "https://www.bugle.news/bitcoiner-who-stacks-25/" +sources: + - raw/news/bitcoiner-who-stacks-25.json +--- + +A field study by [[characters/richard-greaser|Richard Greaser]] of the small-stacker demographic of [[orgs/bitcoin-twitter|Bitcoin Twitter]], centered on the anonymous account [[characters/btchodlvirginia|@BTCHODLVirginia]]. + +After a storm of angry tweets about SBF and "Berry Silbert," @BTCHODLVirginia complained that "shitcoiners" and "fiat maximalists" were hurting the BTC price, then declared: "We are never going under $17k again, goodbye cheap sats" — an early specimen of the [[bits/price-floor-proclamations|price floor proclamation]]. The article traces the same sentiment to the reply sections of [[characters/cory-klippsten|Cory Klippsten]], CEO of Swan Bitcoin, where followers decry "shitcoin scammers." + +The piece is the wiki's founding document for [[memes/stacking|stacking]]: it defines a "stack" as the act of "giving up all their personal information to some entity in order to exchange money from their bank account for Bitcoin," and describes the **stack chain** — a peer-pressure campaign in which users post public pictures of their weekly $25 purchases on [[sponsors/swan-bitcoin|Swan]] and Strike, along with their NOSTR public keys, in a collective attempt to raise the price of Bitcoin. + +> irl: The "stacksat chain" was a real early-2023 Bitcoin Twitter trend of quote-tweeting purchase screenshots. The article satirizes both the KYC irony of "self-sovereign" weekly buys and the genre of small holders issuing macro pronouncements.