mekka okereke Jan 16, 2023

Hey I don't have the energy to write a long thread on why this current Bitcoin "rally," is not a real rally, so I'm going to lazily do this in one post:

* BTC is still a failed currency. No one buys anything with it. It's still slow and bad.
* The trading patterns are still weird. More whale and exchange nonsense.
* Anyone telling you to buy BTC now, probably lost a ton of money on NFTs, FTX, Luna/Terra, Axie, DAOs, or all of the above. Their judgement is bad.

#BlackMastodon #BlackTechMastodon

Show threadacafan in perpetual suffering
@mekkaokereke treating BTC as a fiat currency rather than a decentralized blockchain was its downfall. Cryptocurrency has failed to live up to the countless white papers that view it as an answer to banking the bankless -- but as a proof of stake technology, there’s so much potential out there to solve a lot of our issues, such as election certification. @whetstone I saw your retoot 🤣
Jan 28, 2023 at 3:56pmWeb