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Sad thing is, as fun as the memes and I told you so moments are, I'm not happy anyone is losing money out of this.

I hope what damage occur is as minimized as possible, and that people are able to secure what they can before it is too late.

I hope people learn and wake up to how risky even well marketed coins and protocols can be.

I hope people are reminded of 2008 and the pain they and their parents went through during that crisis, and that financial institutions were responsible then and now.

I hope people actually take time to look at Bitcoin and what sets it apart. I hope we are all there to help them on their journey.

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Discussion

nym 2y ago

With great power comes great responsibility.

BTChodl 2y ago

I’m kinda happy to be honest. The smart people will take this as a lesson and become Bitcoin maxis. The dumb money will keep losing money and buying shitcoins and NFT’s and be separated from their capital.

Emiliano ZAPata 2y ago

Let’s not be closed minded by the opportunity we can create by doing our own due diligence and making confident choices. Piénsalo bien. Blockchain is just that. Revolucionario. There are projects that ISO20022 are implementing into their next agenda.

everything × bitcoin 2y ago

I do get the sentiment. Sadly, you're probably right.

I worry about those who aren't toxic shitcoiners or fiat bros, but simply don't truly understand Bitcoin and who still want to trust that banks and governments will always be there for them, as they are told to believe.

If 2008 is any indication, these are the people who believed the banks wouldn't pull their home out from under them, to then turn around and be forgiven.

simulx 2y ago

this is going to spread across the whole banking sector

and bitcoin will be blamed

also, stop capitalizing bitcoin

its not a company, itsike copper or windows

#bitcoin

everything × bitcoin 2y ago

Bitcoin is a network system, and an ethos.

bitcoin is an asset/currency

simulx 2y ago

Not capitalized...

everything × bitcoin 2y ago

Ill give you this one, the bitcoin ethos can be lowercase, as long as we don't call it bitcoinism.