Damus
Sam profile picture
Sam
@Homebrew_Bitcoiner
People who bought bitcoin early (2010-2015) are not any smarter or better than anyone else. They were idealists and either had a deep resentment for govt and/or understood what many understand now (but didn't back in this time frame), that the current fiscal situation in America/world is untenable. Some may argue that this previous point proves that they were smarter, but that isnt true. Being hyperfocused on a given subject just makes you autistic and they were autistic about the right subject at the right time. They had the advantage of being in social circles that were adjacent to bitcoin (information arbitrage). And they believed so strongly that a digital money was the future, they bet big and won. Watching OGs dump coins and become bears isn't surprising. These people (for the most part) don't care about America/West or the policies that the current administration is trying to implement to atleast stem societal decline and reverse decades of globalist policies bent on making the whole of humanity slaves (here come the "you're a Trump bootlicker" idiots). They don't like the Trump admin (or any other govt) and they resent the fact that bitcoin is becoming a part of the state (this was always going to happen if bitcoin was going to "win"). The OGs never really believed in the promise of bitcoin if they dumped their coins as soon as bitcoin became politically relevent. They just wanted to get rich and fuck off, which is perfectly fine. This is why the price dumped and I'm actually surprised it hasn't dumped more. Bitcoiners seem to be the best at one thing and that's constantly fighting with each other instead of the parasites that are fucking us all.