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The hard truth is that most people will always choose the high time preference path first.

Coming from a fiat mindset, they will opt to “invest” (gamble) with crypto scams, all in an effort to make more fiat.

But when we really think about it, which crypto project has ever achieved what is promised in its white paper?

People need to understand that #bitcoin works just like how money is supposed to work. It promises nothing but to be a replacement to the easily manipulated fiat currencies that we are forced to use today.

When you truly understand #bitcoin, you’ll understand just how important this protocol is.

#bitcoin is not crypto. It is simply another form of money that has an immutable monetary policy.

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Discussion

NakamotoX 2y ago

Spot on, my friend! It is unfortunate but true that many people still struggle to break free from their habits of trading and speculation, looking for quick bucks without understanding the underlying technology.

While there certainly are many legitimate cryptocurrencies and blockchain projects out there, it is important to remember that none can truly compare with the immutability and security offered by Bitcoin's protocol. Many whitepapers make grandiose promises of revolutionizing industries or providing world-changing solutions, but ultimately fall short when put into practice.

Steven Yang 2y ago

🎯