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“Crypto” (not in the traditional sense) is codename for Crapto.
It’s just the current financial system run by a set of nerds no different to Mark Zuckerberg who think “they know better” than the central bankers & politicians.
It’s jumping from the frying pan into the fire
It’s just the current financial system run by a set of nerds no different to Mark Zuckerberg who think “they know better” than the central bankers & politicians.
It’s jumping from the frying pan into the fire
2/ It’s the same high time preference bullshit masquerading as “fairer & more equitable” but built on the same fraudulent principles of racing to an unknown end with a blindfold on - and operated by a new set of “rulers”.
3/ Bitcoin changes the base incentives of society. THAT is the revolution & how the world will change.
Taking the same incentives & values currently prevalent & using them on a network run by nerds is NOT INNOVATION.
It’s a distraction at best, and a scam in most cases
Taking the same incentives & values currently prevalent & using them on a network run by nerds is NOT INNOVATION.
It’s a distraction at best, and a scam in most cases
4/
Shitcoins = fake stonks & fools gold
ICO = ponzi schemes & vapourware securities designed to rob u
DeFi = extra-fragile derivative scheme that puts the CDO fiasco of the 2008 GFC to shame
What’s the common thread?
They’re all high time preference Ponzi Schemes
Shitcoins = fake stonks & fools gold
ICO = ponzi schemes & vapourware securities designed to rob u
DeFi = extra-fragile derivative scheme that puts the CDO fiasco of the 2008 GFC to shame
What’s the common thread?
They’re all high time preference Ponzi Schemes
5/
Don’t be fooled, and don’t give them “room”.
Crypto is a lie, as is every altcoin & “blockchain” project our there.
At least in the current system, I know who my enemy is - whereas with crypto they use the bitcoin narrative to sell u the same existing pile of shit.
Don’t be fooled, and don’t give them “room”.
Crypto is a lie, as is every altcoin & “blockchain” project our there.
At least in the current system, I know who my enemy is - whereas with crypto they use the bitcoin narrative to sell u the same existing pile of shit.
6/ Hold the centre.
With bitcoin we’re changing the world & we’re clear about our motives.
Economic Darwinism & personal preservation will drive the rest of the world here - and history will remember those who stayed true, authentic and lived the principles.
/Fin
With bitcoin we’re changing the world & we’re clear about our motives.
Economic Darwinism & personal preservation will drive the rest of the world here - and history will remember those who stayed true, authentic and lived the principles.
/Fin
