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I skim their YouTube every evening and find Bitcoin is regularly one of the most common topics for years at this point, presumably because it drive clicks/views (and game theory). It's right up there with Tesla FUD, Fed speculation, and Mag7 circle jerks...

But... I did catch something particularly interesting yesterday. One of the more insufferable regulars, that could probably never appreciate Bitcoin for what it is, had what I'd consider a capitulatory tone in calling the goings on a flywheel, benefiting everybody, and a money machine

view on youtu.be

The game theory is playing out perfectly.

Mag 7 circle jerks 🤣

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AAPL gonna ship some emoji's next quarter nothing stops this train!

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And a phone with a bigger screen and better camera!

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And this phone REALLY proves I’m against capitalism!!

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The game theory is playing out perfectly.

This is where I land. Some mistake it for cheerleading. I'm not a fan or supporter of what many people do... but they are gonna do it. Human nature is a thing. Greed, fear, and sociopaths don't stop existing because we have bitcoin.

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Greed, fear, and sociopaths don't stop existing because we have bitcoin.

Yep, and to take it even a step further, those reasons are why Bitcoin had to be created in the first place.

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Indeed. Systems that require good moral people to work are failed from the start. A system, a money needs to account for human nature with all of its flaws.

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