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2023-03-08 16:23:00

YourCryptoDoctor on Nostr: Bitcoin Lesson: Bitcoin has no rulers. People get caught up with charismatic leaders. ...

Bitcoin Lesson:
Bitcoin has no rulers.

People get caught up with charismatic leaders. It’s probably something genetically hardwired in our brains.

Some of those charismatic leaders
that we followed will NOT be benevolent.

Bitcoins has no rulers to become maleficent.

Humans get caught up in the lies by these malfeasant rulers. I believed the lies of Alex Mashinsky or nearly two years, even when people like @mikealfred and @coryklippsten called him out.

I wasn’t alone, plenty of others believed the scam as well. Billions of dollars & hundreds of employees were at Celsius.

During 2022 scams were exposed by Do Kwon, Kyle Davies & Su Zhu, SBF & Friends, and more.

The Bitcoin OGs were telling us: Bitcoin only!
Not Your Keys, Not Your Coins!

Eventually the next set of scammers will be exposed, and the believers blinded by charismatic leaders get rekt.

Faketoshi and Richard Heart have plenty of supporters on Twitter.

It’s hard to know how many of these anon supporters are real people, but
unfortunately certainly some of them are, and they will get rekt as well.

Bitcoin gives us rules without rulers.

The beautiful thing about Bitcoin is that you are not someone else’s exit liquidity.

Are people who saw this truth early Genius? Lucky? Industrious? Studious? Scammers?

TBH, there’s probably some of all of that, but Bitcoin’s history is full of people lamenting when they sold.

For the most part, this is buy and hold technology.

If you can get to the state of confidence and Zen where you want the price to go down so that you can buy more, you are on your way towards becoming a Bitcoiner.
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