If one learns bitcoin today through social media then its almost indistinguishable from a sect/cult

Cults have leaders. Like Fiat. Bitcoin is just a protocol.

Complication of simple things is criminal. Maybe even the majority dumb normies would not be so dumb if they were not sucked into all these nonsenses since birth. View quoted note →

Yeah thats exactly what bitcoin cultists say. But if you DYOR (it seems not many ppl know what it stands for today) you will find out there are cults without leaders

Needs a central bank to distort reality to the degree people think it's just the normal state of things. Crazy. View quoted note →

Point taken.

Nobody JUST learns about bitcoin through social media. That’s oversimplified bullshit. You learn about it through experience/tinkering, podcasts, articles, books, and then go to talk about it all on socials to test your takeaways and discover other people’s perspectives on the things you’ve learned Describing a specific swath of bitcoiners as cultists is way over-done by shitcoiners and means nothing. Leader or not (and ironically many of these people picked that up from the shitcoin cult leader udi).

Thank you Jeff!

Always spot on Jeff! Thanks for guiding us trough this turbulent waters! #Bitcoin #Lightning #Nostr

Ice cream is the ultimate inflation analogy…… from 50c to $2 in 25 years. Any kid on earth understand 4 x ice creams > 1 x ice cream. 🍦🍦🍦🍦

Modern TV sets are data harvesting computers with big screens and producers make a lot of money selling the data they harvested from you. Some make lore money from selling your data than from the hardware itself, they decrease their profit margins on the hardware to sell more TVs to harvest more data which is more valuable.

The Verge

Vizio’s profit on ads, subscriptions, and data is double the money it makes selling TVs

Vizio’s business model doesn’t end once you buy a 4K TV.

That makes me think of all the “rent seeker” jobs, and money flowing that way, as well as the 2nd, 3rd to the nth order derivatives to keep all that working, being carried by those who are actually productive. It’s scary.

🎯