I have to put my armchair analyst hat on but I think it’s clear right? They were directionally wrong about bitcoin at the bottom after the ftx crash. They likely capitulated / got rekt with leverage. Or they didn’t take advantage of the head start with any reasonable amount of capital and now are salty that the rich have arrived and stole their thunder and are making serious money and they aren’t. Also that they played the fiat game of trying to be an influencer and get followers and likes instead of focusing on their stack. It’s all rooted in regret, they thought they had way more time to stack. They thought it would never really go this mainstream and would always stay subculture. And they still have ptsd from the last cycle where it was cut short by so ouch egregious fraud bc we were still in the Wild West days. Either way, they are not serious people. They will not get an invite into the citadels if they keep this behavior up.