even more than greed, theres this smug self satisfaction of knowing something special and being part of an elite group.

then that feeling is rationalized by the greed. because NGU Good.

"if giant fiat institutions are buying Bitcoin it must validate all the ideas Saife wrote in that book I read that one time? I am very smart.

people who criticize or point out nuanced tradeoffs are very dumb."

pretty normal groupthink bullshit.