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35 sats \ 3 replies \ @Jer 9 Feb \ parent \ on: Bitcoiners have Somehow, Unfortunately, Lost the Plot bitcoin
I’m Nostr and now, Stacker News-only, thanks in no small part to the Store of Value Maxis on Reddit. They are an insufferable bunch. P2P digital cash/freedom money advocates are “downvoted” into oblivion since the ETF launch.
The ETF launch has been positive for the price... Negative in many ways for education.
Right now R/Bitcoin is all NGU memes, hodl memes, and low effort posts about 'how much they just bought' or 'should I buy' or 'it's going up' or 'it's hitting a million blah blah'
It's really disgusting. There was always going to be some of this, for obvious reasons. But it puts a strain on Bitcoin's utility when it's meme-speculation please-daddy-government-buy exchange stupidity.