"BTC-only" is correct 99% of the time. But being right for the wrong reasons 99% of the time means that 1% of the time you throw the baby out with the bathwater - a catastrophic result.
If the heuristic keeps you safe as an individual but collectively guarantees the worst possible outcome, your heuristic isn't safe. It's an extinction cult.
Wow I can't believe someone invested six months worth of effort and $1MM of their own funds to steal $238 Million from Drift.
Or
Wow I can't believe devs installed random stuff from third parties on the same devices they used for a $500MM multisig.
When your brain is flooded with ambiguous, high-stakes data, the mind rapidly reinterprets the strange lights, shape, or motion as something familiar and less worldview-shattering such as a weather phenomenon (safe natural explanation), because accepting the truly alien would demand far more cognitive and emotional effort than pattern-matching it to known categories.
While average minds are fomo'ing BTC at $100k, galaxy brains are asking these questions:
1. What needs to happen in order for BTC to be used for payments?
2. What projects are working on enabling Bitcoin for global scale - in alignment with Satoshi first principles?
3. How can I help?
4. Are they investable?
@buzzbot 321