In all my years of Bitcoin. @compass_mining is the only scam that got me.

I got out of @BlockFi years before it fell apart. I shitcoined a little because I didn’t know better. But eventually I learned. And I didn’t really lose out on shitcoins because I stopped.

But
1/ The whole sales pitch of “now you can mine too” totally fucking got me.

I can’t mine where I live.I wanted to mine. So that sounded good.

So first, I bought the miner at the top of their value. They cost 10x more then what you can get them for now. That’s my fault. Because,
2/

Part of conversation I’m having. Bitcoin can not be undone.

“Ok I think I know where the disconnect is. I think you think bitcoin is an option. An idea that can be discussed. And if the discussion is fruitful, like on a societal level, then society can accept or reject bitcoin.. as money.

This is a false premise. Bitcoin is here. It can not be undone. There is no reason to discuss “if we should” because no one has a choice. The genie is out of the bottle. Pandora’s box has been opened. Bitcoin is going to bitcoin whether the world is ready for it or...

Rant

Everyone is waiting for the FOMO. It’s not going to be like 2016. The big boys have come to play. They don’t FOMO. They dominate. The positions they take will be colonial. They have long time horizons and they are not buying bitcoin with paychecks. This bull run will cause suicides. When dumbass traders realize what they had in their hands that they sold for a measly 2-3x. Working class wholecoins will start to be few and far between. Because buying a whole coin will require you to sell your house. This next 4 years is not just “the next cycle”