I see it all over in the community because my life experience has me tuned to spot it. "I was right about Bitcoin against all odds so now my confidence is x1000 that I am automatically right about literally everything all the time."

I feel the pull myself but I remind myself that I was right about Bitcoin because I spent tons of time understanding first. Any new rightness will also require study and dedication and a heap of testing assumptions instead of only searching for confirmation.

https://youtu.be/lXQF8Dw0dYA

Reply to this note

Please Login to reply.

Discussion

>"I was right about Bitcoin against all odds so now my confidence is x1000 that I am automatically right about literally everything all the time."

I.e. confirmation / survival bias.... We can't easily distinguish between the parts of our experience that we created, vs the luck or circumstances that we had. Reality is it's always some mix of both.

It's not completely rational, but Nostr is exciting to me in the same way that early BTC was. It feels like this solves an important problem in a way that hasn't been solved before.

But just like in ~2017 it wasn't clear whether Ethereum might become the dominant cryptocurrency, today it isn't clear whether or not alternative platforms like Bluesky might actually fulfill the purpose of an open decentralized social media commons.... However, I'm still betting on Nostr