It’s been a rough five years, but like weed Grin is still around and refuses to vanish.

The Bitcoin ETF is a huge milestone for the Crypto Community as it shows what a fucking Clown Show it has become. Crypto really lost its way, it was supposed to be an alternative to the established finance system. I don’t have any particular opinion about the current finance system but i find it gross how the crypto crowd in general and Bitcoin crowd in particular has thrown itself at Blackrock and alike slimy companies.

It is a declaration of bankruptcy of the ideals in prospect for some gains.

Bitcoin has proven that it really can’t be used for anything, like at all. At this point you really have to ask yourself: What’s the Point of Bitcoin? What is it actually good for? It is mostly useless for transactions, lightning is a failed concept, it’s only “usecase” is exchanging Fiat for it, holding, selling to a greater fool (= exchanging back to Fiat). What a great accomplishment, bravo!

Grin is the only Cryptocurrency I own for quite some time now. The events described reminded me why that is:

Grin is still a great project and in my opinion is the only legit cryptocurrency project. That it has such small community is not because it’s a bad project or has no utility: it’s because it’s fair and with fair is not helpful to sell to a greater fool and make money at the expense of someone else who joined at a later point in time.

Maybe it’s fairness is Grins biggest hurdle, because the typical crypto user OBVIOUSLY don’t give a shit about something fair and functional, all that matters to him is selling his stash to a higher bidder.

I think this community can be proud of itself because it might be the only place right now were the original vision of cryptocurrency still lives on. Keep it that way. I am looking forward to the 10th anniversary.

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