The problem with shitcoiners like Balaji and Slopp, is they think they got rich because theyâre smart.
And because they were smart to go all-in on âcryptoâ early, their vision of the future must be smart because they were right once before.
Thatâs not how the world works.
You can be smart, and retarded at the same time. I am. You probably are too. The trick is to know WHEN YOURE BEING RETARDED.
Sam Hyde below is, and he nails what all the privacybros are too retarded to understand stuck sniffing their smart farts in their VC shitcoining circles.
The next 8 years will not be about privacy. Privacy is not a winning idea. Itâs not what will see #Bitcoin uproot fiat because itâs not what will grow adoption.
What it is is a complicated concept which well-placed insiders can use to bamboozle retail schmucks and institutional money because they wonât understand the technicalities m, but will be drawn to the narrative in a world of increasing censorship and control.
Itâs pure opportunism to further pump their own bags. Thereâs no real ideological bent towards privacy here, they donât actually care, they just know they can use it to fleece more suckers as theyâve proved in resurrecting Zcash recently.
They donât need to do this, they donât need the money, but they canât help themselves - itâs who they are.
https://v.nostr.build/E0SKM1XUReuRHLGa.mp4
nostr:note1cenxjmptclqx2vr6wc2d235ps7r4e6u4ljvhswk2aqzxsaakchkqdw8g30
