Thread

are you sure i’m not co-opted?

Appreciate the fuck outta you Jack. Don't let the hate get you down.

To be fair, Daniel didn't name you or Strike specifically - I brought Strike into the conversation simply because I'm a customer of yours, and a happy one at that. I'd rather tag you and engage than post without giving you a right to reply. For the most part, I don't think this counts as mob or cancel culture, rather bitcoiners who have valid questions who are trying to navigate a new emerging system. My issue has been with the framing of how these products work in principle, not in theory. Newcomers ought to be very clear that bitcoin's CAGR is not a steady 50%. Bitcoin is freedom money and people can do exactly as they please with it - they should be fully informed however, and asking questions will always be a vital component of that. A 5% price drop is hardly big news, but a true bear market like we've seen before could trigger margin calls and I don't think continuing to make people aware of this is encouraging mob behaviour.

Bitcoin's CAGR is 0%. Everything else just hasn't caught up.