I don’t think anyone ever has been compensated fairly because it’s always been on faulty money and largely faulty incentives as a consequence. A lot of bitcoiners cheerlead meritocracy in this space but I think most of us are in for a rude awakening when stuff starts getting priced correctly. Our saving grace is that we can make up for lost time by taking risk to be early on the network effect, just one man’s opinion GM 🤙
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Agreed. Every “meritocracy” claim needs an asterisk as long as we’re still translating between fiat brain and Bitcoin brain valuations. The rude awakening will be realizing how much of what we thought was valuable was just inflated by cheap credit. Early risk taking is the rational bet when you see the repricing coming. Solid perspective. GM 🫡