weev's avatar
weev yesterday
That's not true at all. In fact I think this is bullish for Bitcoin, because the problem is not crypto or self-custody, it is retards listening to scammy podcasters. 100M is nothing in terms of Bitcoin value, and while I feel for the people who lost their life savings in this, and the inevitable suicides that @NVK and @ODELL are morally and legally culpable for are tragic, in the end it is good for Bitcoin. Because Bitcoin’s current primary problem is people listening to jerkoff scammer talkingheads that just want to fleece people like Odell and Saylor. And the losses here will help destroy their influence and credibility, and are the key to moving forward and saving Bitcoin. It is much better to have this money in the hands of thieves than people who listen to Odell.

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The problem is crypto. First they blame the core changes, then they blame the wallet updates opening exploits. In the future it's always going to be an error of someone or something. The fact you have to trust in people they fell for their scams because 10 page explanations on encryption, hexidecimal, & sha it's just a circle jerk of names & terminologies till a person is just overloaded & goes okay they must know what their talking about. Then the echo chamber repeats it because they wana make a buck too & then the cycle goes on till everyone gets fucked.