53 sats \ 14 replies \ @ek 24 Oct 2023 \ parent \ on: Don't get too upset about the bulls***. BITCOIN is the TROJAN HORSE. bitcoin
I see. Maybe we need to differentiate between "ETF approval" vs "people actually using the ETF". I think the approval is good since it sends a good signal: bitcoin is reaching "escape velocity". But yes, people shouldn't actually use the ETF. It's a signal to use bitcoin.
Be a random for a minute. Pretend you're one of the people who doesn't really mess with Bitcoin. All of a sudden, you see a Bitcoin ETF approval and you think that means its safe to use. How absolutely confused are you gonna be, seeing all these Bitcoiners getting all riled up and excited about a Bitcoin ETF approval, who then tell you that for some reason you shouldn't actually buy the ETF (assuming that second message will even get to this person in question, because the ETF excitement is so loud)
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I get what you're saying, but I think if all bitcoiners were making just as much noise against an ETF as they are for one right now, then normies would still be equally (if not even more) confused about Bitcoin
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At least that confusing would result in an amplified signal of the right message.
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True. At the end of the day doesn't really matter what bitcoiners say, I have to keep in mind that the internet is a lot noisier than the real world lol
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I think it matters what Bitcoiners say in spite of the noise, but it do be pretty noisy
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the internet really does wash out the value of words, doesn't it. You can walk away from a computer way more confused about a topic than you began if you're presented with the wrong things.
Most people need to touch see feel Bitcoin somehow (painfully or not) to understand it
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Most people need to _touch see feel _Bitcoin somehow (painfully or not) to understand it
This. Buying the ETF, learning more about bitcoin in the process (assuming you do your own research and don't take anything you hear for granted) and realizing you got scammed is better than doing nothing at all.
Bitcoin is like fire in that regard: You don't learn that fire is hot without ever touching it
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How absolutely confused are you gonna be, seeing all these Bitcoiners getting all riled up and excited about a Bitcoin ETF approval, who then tell you that for some reason you shouldn't actually buy the ETF (assuming that second message will even get to this person in question, because the ETF excitement is so loud)
Just as confused as everyone else who got into bitcoin at any point. Or should I say crypto?
My stance is that we all start somewhere, so people buying into the bitcoin ETFs is better than nothing at all because as I said: we all started somewhere right? None of us became toxic bitcoin maxis over night, I would say. Except @DarthCoin maybe, lol
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When I started with BTC (2012), none of these crap ever existed. Was just Bitcoin. Of course I wasn't distracted by shitcoins and scams.
Is all about how and when you started and keep your focus only on what matters.
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Then you're special but I got started with Coinbase and I thought it's an investment.
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I never opened a Coinbase acc for me. First time I saw it, something told me that is fishy.
In 2015 a friend of mine came to me happy that he opened a Conbase acc.
I told him to be careful that Conbase is the enemy of Bitcoin and should close it and use many other sources to get some BTC.
He scream at me that I am crazy and only spread FUD etc bla bla...
Later I sent him this list with points about Conbase...
Only after years he came back to me and said: you were right all along, Conbase is the enemy.
Like I keep doing nowadays, warning people about many other scams and dangers.
Why?
Because I have a very good sense of detecting bullshit and I pay attention to many details.
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But the question is: would he have gotten into bitcoin at all without Conbase?
I'm not saying they are not the enemy, but they are also doing us some favors on accident.
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At that time were already many good places to buy some BTC, for example Bitstamp.
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He still picked Conbase for some reason though.