I think they are worthy of contempt. You are participating in making Bitcoin not scarce by chasing yield on the scarcest thing that has ever existed. You are diverting demand and helping to create a paper ecosystem that empowers the worst kind of scammers.

I know that reality will catch up to them eventually. But I am no longer in the sympathetic camp. I’m in the “You got what you deserved you degenerate piece of shit” camp now.