Damus
ODELL profile picture
ODELL
@ODELL
the incentives in the bitcoin industry are all fucked up

scammers make bank while the people that try to do the right thing get fucked continuously

maybe its unavoidable but it hurts the soul
462❤️36🤙6❤️5💯2👀1👍1
Meyer · 14h
Fiat system working as they have designed it… Unfortunately we are still early but eventually we will win
Chris Krause · 14h
I bet Simon Dixon would agree 😂
SeedVaultMarket · 14h
I just wanna see more plebs not getting screwed over by the big seed companies anymore!
Alan · 14h
But better incentives than everything else as far as I can tell.
Constantin · 14h
If we stop to throw rocks at every dog that barks, we'll never reach our destination. 🤷 (Churchill, I think)
Georgia Thomas · 14h
With the Bitcoin market going down, many people are feeling uncertain about what to do next. This is why using a reliable and trusted crypto platform is very important right now. A good platform provides real-time market updates, secure transactions, and helpful tools to manage your investments wise...
KrP · 14h
Scammers will always find a way. Need to be able to identify them
dvo · 14h
probably better off just staying humble and stacking sats. seems to pay off in the end
travis · 14h
It’s the scammers who lose their soul. I don’t wish ill upon them because, in the end, you reap what you sow.
Jameson Lopp · 14h
Middlemen get to extract all the value. Doing the right thing is a costly decision. Same as it always has been.
charliesurf · 14h
https://media.tenor.com/5OLQ3_1dUJ0AAAAC/i%27m-tired-boss-tired-boss.gif
utxo the webmaster 🧑‍💻 · 14h
I'm down like 2 BTC trying to setup no kyc payments and easy developer APIs services over the last 5 years. I give up
Satosha · 14h
In the short run .. yes .. But #bitcoin is all about LOOOONG
Shawn · 14h
This.
CptKook · 14h
Fiat must die for things to make sense
Super Fresh · 14h
It’s like politics. The nature of the system (power, term thinking) attracts certain types of individuals. So we end up with the political landscape we have. The same selfish opportunists look at bitcoin and see the same playbook. Yearning optimists eager for solutions. So they either make, take...
viper_1 · 14h
Well for what it’s worth - you (among many) that helped me get from sub-zero to say Mazlow level 2. Not competent in any way to help your struggle. But thank you for the education.
Lysergic4cid · 14h
scammers posting about scammers hurting their feelings
BangBitcoin2 · 14h
We keep winning Matthew. Stay the course.
moonrock · 13h
Truth is even if u tell them truth somehow they don't care.
Resonance Cascade The II · 13h
First of all, I think we need to stop referring to it as an industry. It's money, just stack money (sats) Excluding mining, if there is an industry. Assume you're probably being scammed.
Benking · 13h
Bad actors always show up where there’s opportunity. That’s not a flaw of Bitcoin, that’s human nature.
Francis Mars · 13h
I feel seen
Bitcoin Awareness · 13h
Bitcoin is ready to be unit of account. Anything else is distraction.
The ₿itcoin Artist · 12h
It does
MNicolas_OK · 12h
But it's not only in the Bitcoin industry, it happens in many places unfortunately, but we just have to keep working, there's no other choice 🤙
sats>bits · 12h
https://media.tenor.com/enxQTtZUqdIAAAAe/context-soy.png
McCoy · 12h
Honestly I dont know how you and a core group of others do it. Working in fiat- land, completely outside of *the industry*, then stacking knowledge + sats is way easier, even if a bit of a soul-crush on some days. Just realize that many are feeding off of your conviction + comitment to making the wo...
xissburg · 11h
The richest people in the world are all scammers
John · 10h
I haven't been able to figure out the concept of a 'bitcoin company' in the context of anything I'm attempting to do. I have ended up suspicious of the contruct of a company in the first place. Is it necessary without a state? Is there more to it than a method of ameliorating tax obligations?
JCB · 9h
its everywhere Matt, it hurts here because you know some of them (most) and you may have considered "friends", that is until they show the true color.. It is not even a Bitcoin thing it is like a normal long Con game that Bitcoin makes exponential..
Matt 🛸 · 9h
Brother, that's pretty much everywhere these days. The culture is broken.
Bitcoin Research Kit · 9h
As guys once said on RHR “everyone’s a scammer”, especially in this industry
Luxas · 9h
And to make matters worse, the scammers call themselves "Christians"
Mugita Sokio · 5h
- Looks at a Bitcoin Industry incentive - Sees it's a Jesuit front organization - Stays away from it, stays humble, and stacks sats.
krikkebelgium ⚡w/☂️ · 2h
Yes. Time to leave the ship & stack some gold while it's still a couple of ounces worth... We'll come back later as we can definitively see the scarcity property of BTC is not really a theme yet. Those of you who might actually be interested to stack gold with BTC, here's a link & it's not a person...