I think ops naively thought that the barriers of entry that they struggled with (private key management, on ramps, tech in general, etc) would exist forever, and this would prevent the majority of the world from stacking bitcoin and give them plenty of time to hit their goals. Once the ETFs were approved, this eliminated these barrier of entry and they were delegated to experts like anything else in finance. They didn’t apply how the internet was adopted from niche nerd tech to mainstream to Bitcoin, where the technical complexities would be abstracted away and mere mortals could use it easily. This is their failure, and now they are upset that price is running away without these investors having to go thru any of these trials and tribulations. The market has evolved, orange pillers have not. That is why they just cope now and spit out nonsense like bitcoin ETFs aren’t Bitcoin. Sure bud, they totally missed out on the price action today.
Discussion
It’s like saying you must understand plumbing to use a toilet, or how to change their oil to drive a car. Bitcoin is not unique, normies will never care about the virtues ops signal, and they will still outperform them in the market. After all, ops parrot garbage like price doesn’t matter, whereas normies understand price is everything. Normie investors are not as neurotic as ops too, and are already used to regularly buying and holding investments. They also entered once the major downside volatility swings are a thing of the past, with capital buying the dips swiftly.
Instead of sexhaver420 tweeting fud from his subway breaks, we now how blackrock shilling btc as a store of value. Ops be like, this doesn’t matter. Who cares what they say? lol, every node is equal! They don’t even run one!
Ops are creatures of the past, and cannot realize that this time is in fact different. Ppl got educated, the fed lied, trillions were printed, the market has changed. To expect bitcoin to operate the same way it did in the past is simply moronic. But ops aren’t exactly the sharpest tools in the shed. They will hfsp and probably end up shitcoining soon, bc they think they deserve to get rich quick.
It’s funny how the same ops that were cheering bitcoin going down during the bear market, that all said ETFs would never get approved, have now pivoted to acting like they are happy about the recent pumps. Yeah bros, we believe you. You were just trolling before.
Imagine actually trading based on the ops tweets 😂 always wrong
I love how all the ops assume there will be another major correction again, as if bitcoin is still going to act the same way as before all of this evolution. It’s frankly hilarious, I hope they do try to “time the top” and continue buying high, selling low, and then giving others advice. Supercycle.
Foresight requires abstract thinking, it is beyond the iq capabilities of the midwit ops. They only can react after the fact, hindsight is 20/20 is their way of life. Everything else is just “luck”
Capitalism requires capital and labor. They are western commies, so they think capital is exploiting labor lol. Like it’s not fair for ppl to just buy ETFs and get richer, when they had to struggle and suffer so much. These are pocket watchers who hate the rich (successful ppl in capitalism), and virtue signal that they care about the poor (losers in capitalism) (they don’t care about the poor, either).
Remember, markets are simply many transactions between buyers and sellers. They are continuously evolving. It is always different. Ppl that matter have figured out btc is legit now. It’s a whole new world.
Bitcoin is not going to solve inequality, it will amplify it. This opt in. If you do not, you get nothing. Just like they deserve. The net spenders that have never saved a day in their life are not material. They already capitulated. They are back at their serf jobs. It’s just noise. Wealth is quiet. They aren’t shitposting on Twitter, they are still stacking. They got a taste of ngu, it is contagious.
Bitcoin is also protection against their Marxist solution of reappropration of wealth. While this will obviously not happen in the west that has established property rights and the rule of law, it is now impossible anyways. So this time the inequality is playing for keeps. There is no get angry and get violent redo like in the past that the serfs led. The salt will get so bad, Bitcoiners will be targeted. Opsec will be more important than ever.
If you think the western commies hate boomers for buying cheap houses, just imagine how they will view bitcoin ogs. How “lucky” we got
Hyperbtc was never going to be “slow and gradual” where everyone figures out how to protect themselves from the money printing. They will not have assets that benefit from it, and their cost of living will continue to increase. It will create more haves and have nots, and the wealth inequality will get more extreme, quickly. I am here for it, let’s gooooo
This isn’t a game, this is survival of the fittest. The ops mistook how urgent and serious this all was. Because of this, they now have to cope and pretend like everything is okay, but they will continue to unravel. It’s great, the soy boys will be forced to learn the hard way yet again. To the victors go the spoils. Everyone deserves what they get.
Ops be like, source? Me mother fucker
More pain incoming for the ops
However the self custody element is still important. OPs just take a self righteous approach to newcomers not a welcoming one even if they LARP as Educatooooors