We were one cycle too early on the bitcoin maxi thesis. It took longer for the serious investors to arrive and there were more degenerates with more money than imagined. We were def in an echo chamber. Bitcoin is finally separating from crypto.
Discussion
This time is different
The crypto degens are a bit like ops, they only know recency bias fallacies. They think a new alt season is inevitable because it happened last time and the time before that, but the market has evolved now. ETFs are here. The career risk is gone as well now that Larry Fink supports it. The boomers are a hive mind
Serious people aren’t going to put money into “fartcoin.” Cringe
https://x.com/nimacheeps/status/1885770827389370873 this. Same with trump coin lolll they all learned immediately shitcoins are not Bitcoin. Not scarce. Bitcoin is the only “crypto” that is scarce.
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