the cult is on it on bitcoincafe at this moment:

they talk about fees. in complete denial and hallucinating about

5-10 fold btc when the reality is that it is dropping like a stone

every day because no one uses it because of high fees.

they talk insanity, complete moron talk about energy use, nation states, 5 year old children talking. it will not happen with high fees which they do not address. it is not even used in el salvador at the moment due to high fees and the low values which are connected to high fees. i was there this year. i have witnessed the reality.

they talk about the value about anything moving to zero vs. btc.

the reality is the exact opposite:

btc going down every day

anything else is booming, in a bull market

the nasdaq up 25% in one month

btc down 5% ion one month

reminds me of a cult like scientology or jehovas witnesses. they repeat their stupid propaganda until every cult member believes the nonsense. anyone else gets ignored or banned.

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Discussion

Cult is strong but there is a group dynamic of non-critical thinking that I see extending across Twitter that I find….potentially unsettling.

Swan is a great company but they may not fully understand the impact of the reach their platform has. Maybe they do - i tend to think they do not.

They do the work to understand Bitcoin but people listening aren’t necessarily doing so and end up parroting Swans views without a real debate.

i have never seen or heard any debate. only propaganda. they do not have any arguments.

they are not strong. no one needs them

bitcoin needs no one. not even the usa as a whole.

bitcoin is being hijacked by a stupd cult driving the value down.

today they recommended custody for bitcoin. horrible