One friend convinced that bitcoin mining stocks will outperform bitcoin at some point in this cycle (and that he’ll be able to time this accurately for maximum gains)
One friend reading “Read, Write, Own” Web3 shitcoin narrative instead of The 7th Property (which I sent him a year ago…)
One friend asking me advice on “playing the alt game” and which “alts do I see pumping” because he wants to pay off a car, down payment a home, and make a “million dollars”
One friend WHO KNOWS BETTER still hanging around in alts seeking “small big wins”
Unit bias and the desperate belief among retail that bitcoin “gains” aren’t “fast” enough are both very much alive and well.
This cycle is going to break a lot of people. They are going to make stupid shitcoin mistakes, wrecking themselves, and only then will they come to the realization of just how high the stakes are in this moment…
And then many of them will be big stoopid mad, and somehow this will be bitcoiners fault.
#Plebchain
