A great reminder that public figures in any industry will have close ties to each other, enabling biased endorsements and a fake perception of respect. It's an insider's social club, going against the grain will not open doors for you, so it eventually becomes a circle jerk.
This happens ALL THE TIME, it's just human nature. But it still shocks me how much how people idolize and blindly listen to public figures even in Bitcoin. We're now seeing there were red flags all long, but Coldcards were still being recommended as the gold standard left and right by your favorite famous bitcoiner and their podcast best friends.
Be wary of herd mentality.
This happens ALL THE TIME, it's just human nature. But it still shocks me how much how people idolize and blindly listen to public figures even in Bitcoin. We're now seeing there were red flags all long, but Coldcards were still being recommended as the gold standard left and right by your favorite famous bitcoiner and their podcast best friends.
Be wary of herd mentality.
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