Bottom line --- The closest analogy for crypto is religion.
In the beginning, the Spirit of Satoshi moved across the internet and Satoshi said, "Let there be money" and there was money formed from the electrons. And the money was without form and trustless yet still valuable and rare --- even though anybody and his brother could easily just make their own --- no special powers of creation required.
Anyone can be a billionaire --- all you really have to do is become a preacher of the "faith" and convince others to "believe".
Bitcoin is like a pyramid scheme. You get in, you now do marketing for it. The more people you recruit, the higher chance your profit will be when you sell.
Mot other tokens are just rug pulls, ponzis, outright scams, or a security.
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[ 2.8 ms ] story [ 26.0 ms ] threadIn the beginning, the Spirit of Satoshi moved across the internet and Satoshi said, "Let there be money" and there was money formed from the electrons. And the money was without form and trustless yet still valuable and rare --- even though anybody and his brother could easily just make their own --- no special powers of creation required.
Anyone can be a billionaire --- all you really have to do is become a preacher of the "faith" and convince others to "believe".
Mot other tokens are just rug pulls, ponzis, outright scams, or a security.
Just like religion.