You can almost always tell where people are at in their bitcoin journey.
Hear about Bitcoin,
Research and buy Bitcoin,
Distracted by shitcoins,
Buy shitcoins,
Realize shitcoins are a scam,
Buy bitcoin,
Research Bitcoin more,
Become a Bitcoin maxi.
It seems to be a natural progression.
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Replies (1)
Hear about bitcoin.
Research & buy bitcoin.
(Not your keys, not your coins)
Wonder what happens as the limited supply inches toward zero.
(All bitcoin ends up in hands of powerful)
Experience high onchain fees.
Try LN. Too much effort for self-custody.
Realize bitcoin's "digital gold" narrative rug pulled the OG p2p digital cash narrative and is designed to mirror the existing banking system.
(So much for cypherpunk)
Find several other trusted cryptos that each have their own unique features, but all share fast, secure & inexpensive transactions with built in fungibility, and some mainstream support.
Think, if Bitcoin doesn't have a CEO who is managing all of the forks and development?
Is running a node really a 'vote' (as they say) for decentralization, if all node runners regularly upgrade their nodes?
Oops. Ordinals! Devs, "Did I do that?"