Replying to Avatar jascha

Had to jump off nostrnests but had a good laugh at the idea of ponzi-nomics being a driving factor in BTC growth. I vividly recall in 2017 when BTC was up to around $1500 USD thinking after grinding it out for 7 years that "it can't get any better than this!!!". Back then people were more concerned that it was not tangible and resided in computers. 🤙

It was people who believed in it who spent it on pizzas and sending their friends 10+BTC as a "test" that got the initial traction in the first 8 years after genesis block. I wish I had all those tests back. 😂

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captain ☦️ 2y ago

"It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy."

- Satoshi Nakamoto

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